3897 Fallon Circle

3897 Fallon Circle

D

San Diego, CA 92130

$1,395,000
NEW — 0d on market

Beds

2

Baths

2

Sqft

1,240

Year Built

1988

Days on Market

0

Property Type

Condo

HOA/mo

$592

MLS ID

NDP2602020

View on MLS

Description

Rare single-level opportunity in the highly desirable Del Mar Highlands community. This beautifully updated end-unit lives like a detached home, featuring a gated front courtyard, spacious private back patio with a tree-lined view and a 2 car garage. Light and bright with vaulted ceilings, rich wood flooring, gas fireplace and freshly painted interior. The updated kitchen offers new stainless steel appliances, built-in refrigerator, and a charming breakfast nook with custom window coverings. Both bedrooms feature large closets and ensuite bathrooms with premium tile, natural stone, high-end fixtures and upgraded ventilation. Custom hallway built-ins add character and storage. Meticulously maintained with an EV charging outlet, newer HVAC system, and water heater. Prime 92130 location near One Paseo, Del Mar Highlands Town Center, parks, dining, freeway access, and top-rated schools including Solana Highlands Elementary, Carmel Valley Middle and Torrey Pines High School. An exceptional opportunity in a prime coastal community.

Mortgage Calculator

Est. Monthly Payment

$9,448

Principal & Interest$7,054
Property Tax$1,395
Insurance$407
HOA$592
%($279,000)
%

Investment Score

0D
Est. Monthly Rent

Estimated Rent

$3,087
Monthly Cashflow

Rent − PITI − HOA

$-6,361
Full Cashflow

Incl. vacancy, PM, maint, capex

$-8,233

Mortgage (P+I)
$7,054
Cap Rate
-1.01%
Cash-on-Cash
-27.36%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.44
Break-even Rent
$9,448

NOI (Annual)
$-14,154
Price-to-Rent

Lower = better for investors

37.7

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

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