5118 Constitution Road
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5118 Constitution Road

C

San Diego, CA 92117

$2,099,000
NEW — 0d

Soft Appraisal Value: $2,042,500 · 2.8% above estimate

Beds

3

Baths

2

Sqft

2,595

Year Built

2023

Days on Market

0

Property Type

Single Family

HOA/mo

N/A

MLS ID

PTP2605356

This property is in San Diego (92117). View neighborhood stats →

Virtual Tour

About This Property

A rare three-residence offering on one San Diego lot — live, host, and invest, all in one address. Tucked into a coveted pocket of San Diego, this 6,000 sq ft property delivers something exceedingly rare on the market today: three fully renovated, move-in-ready residences under one property of possibility. Whether the vision is multi-generational living, a built-in rental income stream, or space for extended family and guests, this property has been reimagined from the ground up to deliver flexibility without compromise. 5118 Constitution Rd — The Main Residence Originally built in 1959 and transformed with a thoughtful addition and complete interior remodel, this 3-bedroom, 1.5-bath home strikes the balance between character and contemporary polish. Wide-plank flooring, quartz countertops, and designer lighting carry through an open, light-filled layout, while the primary bath makes a statement with brass fixtures and glazed tile. An attached garage, a newly landscaped drought-tolerant front yard, and a private backyard patio round out a home that feels both established and brand new. 5120 Constitution Rd: The Companion Residence Built new in 2023, this 2-bedroom, 2-bath unit lives like its own private retreat — an open-concept living, kitchen, and dining space filled with natural light, efficient mini-split climate control, and in-unit laundry. Step outside to a private deck tucked behind mature landscaping, offering a quiet outdoor escape just steps from the main house. 5122 Constitution Rd: The Studio Residence With its own private street-facing entrance, this studio unit offers effortless independence — a full kitchen, dedicated dining and sleeping areas, a full bath, and in-unit laundry, all wrapped in the same elevated finishes found throughout the property. The opportunity: approximately 2,595 combined square feet across three distinct, income-ready residences — each with separate entrances and independent systems. Rarely does a property offer this much flexibility, polish, and potential in one address.

Mortgage Calculator

Est. Monthly Payment

$13,325

Principal & Interest$10,614
Property Tax$2,099
Insurance$612
%($419,800)
%

Location

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Investment Score

0D
Est. Monthly Rent
$4,193
Monthly Cashflow

Rent − PITIA

$-9,132
Full Cashflow

Incl. vacancy, PM, maint, capex

$-11,845

Mortgage (P+I)
$10,614
Cap Rate
-0.70%
Cash-on-Cash
-33.86%
DSCR

Need ≥ 1.25 for DSCR loan

0.31
Break-even Rent
$19,576

NOI (Annual)
$-14,779
Price-to-Rent

Lower = better for investors

41.7

* 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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