3451 Lockwood Dr

3451 Lockwood Dr

D

San Diego, CA 92123

$1,060,000
NEW — 3d on market

Beds

3

Baths

2

Sqft

1,350

Year Built

1960

Days on Market

3

Property Type

Single Family

HOA/mo

N/A

MLS ID

260007688SD

View on MLS

Description

Discover the perfect blend of modern design and functional versatility at 3451 Lockwood Drive. This beautifully renovated 3-bedroom, 2-bath home, set on a quiet, non-through street, features ~1,350 total sqft of living space, including a ~200 sqft detached studio. With its large windows and full insulation, this sun-lit bonus space offers a quiet sanctuary for your professional home office, private gym, or guest suite. Inside, the spacious open-concept floor plan is anchored by floor-to-ceiling windows that draw the outdoors in. The inviting kitchen serves as the social heart of the home, where you can host friends around the expansive quartz peninsula or enjoy a quiet breakfast with a view. The residence features three comfortable bedrooms and two fully updated bathrooms, each finished with modern fixtures. Every detail has been curated for comfort, from the effortless organization of newly installed custom closet systems to the cozy ambiance of the living room fireplace and full HVAC system. The true magic of this property is found in the backyard. This oasis of calm offers a rare sense of peace in such a central location, with three distinct areas to enjoy: retreat to the private detached studio for work or wellness, unwind under the covered pergola patio for al fresco dining, or enjoy lawn games on the open turf area. Whether you’re hosting a summer BBQ or enjoying a quiet morning coffee, the atmosphere is incredibly serene. The 6,500 sqft lot is designed for both privacy and curb appeal, featuring lush natural grass in the front yard and a two-car garage set up for EV charging. This home truly has it all! Positioned in the center of San Diego’s best offerings, your weekends are effortless, just minutes from the excitement of Snapdragon Stadium, a morning round at Admiral Baker Golf Course, or a shopping spree at Mission and Fashion Valley. 3451 Lockwood offers a turn-key, move-in-ready lifestyle in one of the city’s most convenient and peaceful neighborhoods.

Mortgage Calculator

Est. Monthly Payment

$6,729

Principal & Interest$5,360
Property Tax$1,060
Insurance$309
%($212,000)
%

Investment Score

3D
Est. Monthly Rent
$4,254
Monthly Cashflow

Rent − PITIA

$-2,475
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,337

Mortgage (P+I)
$5,360
Cap Rate
1.16%
Cash-on-Cash
-24.55%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.63
Break-even Rent
$9,886

NOI (Annual)
$12,279
Price-to-Rent

Lower = better for investors

20.8

* 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.

Get Expert AnalysisOpen Full Calculator