3041 Masters Place
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3041 Masters Place

B

San Diego, CA 92123

$950,000

Beds

3

Baths

2

Sqft

1,056

Year Built

1959

Days on Market

15

Property Type

Single Family

HOA/mo

N/A

MLS ID

PTP2604561

This property is in San Diego (92123). View neighborhood stats →

Virtual Tour

About This Property

Welcome to 3041 Masters Place, a beautifully remodeled single-story home situated on a spacious corner lot in the heart of San Diego. From the moment you arrive, you'll be captivated by the property's stunning curb appeal, highlighted by a mature jacaranda tree, modern exterior finishes, and inviting front entry. Inside, the home has been thoughtfully updated with an open-concept floor plan designed for today's lifestyle. The spacious living room features upgraded flooring, recessed lighting, a cozy fireplace, and seamless indoor-outdoor flow through large sliding glass doors. The chef-inspired kitchen showcases quartz countertops, shaker cabinetry, stainless steel appliances, designer tile backsplash, and a generous peninsula perfect for entertaining and everyday living. The well-appointed 3 bedrooms offer flexibility for growing families, guests, or home office space, while the updated finishes throughout create a bright, modern aesthetic. Step outside to your own entertainer's backyard, thoughtfully designed for year-round enjoyment. Host summer gatherings around the above-ground pool, challenge friends and family on the private putting green, or relax beneath the covered patio while enjoying San Diego's incredible weather. The low-maintenance outdoor space offers the perfect blend of recreation, relaxation, and functionality. Conveniently located near shopping, dining, parks, schools, and major commuter routes, this turnkey property offers the perfect combination of style, comfort, and convenience. Don't miss your opportunity to own this beautifully updated San Diego home with an entertainer's backyard that's ready to be enjoyed from day one.

Mortgage Calculator

Est. Monthly Payment

$6,031

Principal & Interest$4,804
Property Tax$950
Insurance$277
%($190,000)
%

Location

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Investment Score

32C
Est. Monthly Rent
$4,275
Monthly Cashflow

Rent − PITIA

$-1,756
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,531

Mortgage (P+I)
$4,804
Cap Rate
1.61%
Cash-on-Cash
-22.30%
DSCR

Need ≥ 1.25 for DSCR loan

0.71
Break-even Rent
$8,860

NOI (Annual)
$15,277
Price-to-Rent

Lower = better for investors

18.5

* Defaults: 20% down, 6.5% rate, 30yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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