3051 Marquee Way
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3051 Marquee Way

Ctop 80%

San Diego, CA 92108

$1,199,999
NEW — 0d
STR: check · no permits on this tract · TOT 12.75%

7 licensed short-term rentals within ½ mile (2 whole home), from the cities' license and permit lists of Nov 11, 2026.

None of the 49 homes on this home's recorded tract holds a short-term rental license, so nothing shows its HOA allows them. Get the CC&Rs before counting on short-term income.

Pass at asking: -$4,962/mo full cashflow at 20% down, 7.43% rate.

Works at $553,867 (54% under asking), or at 80% down.

Rent $5,900/mo from 1 lease in this building.

Beds

3

Baths

2.5

Sqft

1,570

Year Built

2022

Days on Market

0

Property Type

Townhouse

HOA/mo

$288.61

MLS ID

260026747SD

This property is in San Diego (92108). View neighborhood stats →

About This Property

TURNKEY INVESTMENT OPPORTUNITY | $5,900/m RENTAL INCOME, IDEAL FOR 1031 EXCHANGE BUYERS! Exceptional opportunity to own a stunning, tenant-occupied corner townhome in the highly desirable Marquee at Civita community, currently generating $5,900/m ($70,800 annually) in rental income from a well-qualified tenant. Built in 2022, this beautifully upgraded residence offers an attractive combination of immediate rental income, modern construction, premium location, and long-term investment potential. Featuring 3 bd, 2.5 bath, 1,570 sq.feet of thoughtfully designed living space, this rare corner residence showcases abundant natural light, panoramic Mission Valley views, and a highly desirable floor plan. Premium upgrades include luxury vinyl plank flooring, tiled bathrooms, designer lighting, custom light-filtering roller shades. The modern kitchen features quartz countertops, a full-height backsplash, premium SS appliances. A spacious private balcony provides an inviting outdoor retreat with beautiful views. The oversized attached 2-car garage features epoxy flooring, ceiling-mounted storage racks, and a versatile bonus area ideal for additional storage or hobbies. Additional highlights include upper-level laundry with full-size washer and dryer, plus smart-home technology offering convenient smartphone control of the front door, garage, lighting, AC. Residents enjoy Civita's resort-style amenities, including pools, spas, a two-story fitness center, parks, playgrounds, a community garden, splash pad. Ideally situated near Fashion Valley, shopping, dining, downtown, and major FWY

Mortgage Calculator

Est. Monthly Payment

$8,505

Principal & Interest$6,666
Property Tax$1,200
Insurance$350
HOA$289
%($240,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Nipaquay Elementary · grades K-5 · San Diego Unified

  • Middle

    Taft Middle · grades 6-8 · San Diego Unified

  • High

    Kearny Digital Media & Design · grades 9-12 · San Diego Unified

    or Kearny School of Biomedical Science and Technology · grades 9-12 · San Diego Unified

    or Kearny College Connections · grades 9-12 · San Diego Unified

    or Kearny Eng Innov & Design · grades 9-12 · San Diego Unified

    Choice area: the district lets families here pick either school.

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Investment Score

20C
Est. Monthly Rent
$5,900

1 lease in this building

Thin data: only 1 lease behind this number.

Monthly Cashflow

Rent − PITIA

-$2,605
Full Cashflow

Incl. vacancy, PM, maint, capex

-$4,962

What would make this work?

$4,962/mo short at 20% down; 80% down or +$6,444/mo rent closes it.

Break-even price

54% under asking

$553,867
Break-even rent

$6,444/mo above the estimate

$12,344/mo
Cashflow at 35% down
−$3,712/mo
Down payment to break even

$959,999 cash

80%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$6,666
Cap Rate
2.00%
Cash-on-Cash
-24.81%
DSCR

Need ≥ 1.25 for DSCR loan

0.69

NOI (Annual)
$23,993
Price-to-Rent

Lower = better for investors

16.9

* Modelled at 20% down, 7.43% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.

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

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CCashflow−$4,962/mo