5996 Bounty Street
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5996 Bounty Street

Ctop 80%

San Diego, CA 92120

$1,799,995
STR-eligible · San Diego Tier 3 · TOT 12.75%

One license per person in San Diego: whether you can hold it depends on you, not only the home.

9 licensed short-term rentals within ½ mile (5 whole home), from the cities' license and permit lists of Nov 11, 2026.

Pass at asking: -$8,326/mo full cashflow at 20% down, 7.43% rate.

Works at $715,895 (60% under asking), or at 87% down.

Rent $7,141/mo from 10 leases of houses within 1 mi, size-adjusted ($6,420–$6,722).

Beds

5

Baths

3

Sqft

3,243

Year Built

1966

Days on Market

44

Property Type

Single Family

HOA/mo

N/A

MLS ID

260023571SD

This property is in San Diego (92120). View neighborhood stats →

Virtual Tour

About This Property

Welcome to 5996 Bounty Street, a stunning mid-century modern home nestled in the highly desirable community of Del Cerro. This spacious 5-bedroom, 3-bathroom residence sits on over a quarter-acre lot and has been thoughtfully upgraded to blend timeless design with contemporary style. A dramatic two-story vaulted entryway showcases a striking floating glass-and-wood staircase and restored 1965 Palm Springs double doors, setting the tone for the vintage-meets-modern aesthetic throughout. The recently remodeled kitchen features white shaker cabinets, newer appliances, and opens seamlessly to a bright and airy floor plan enhanced by luxury vinyl wide plank flooring and expansive windows that flood the home with natural light. The family room offers a cozy gas fireplace, perfect for relaxed evenings. Step outside to enjoy the resort-style backyard with a sparkling swimming pool, low-maintenance turf areas, fruit trees, raised garden beds, and a fire pit for entertaining. A covered patio and a spacious side yard provide multiple outdoor living options. The new concrete driveway and front steps enhance curb appeal, while the paid-for solar panels and new roof offer energy efficiency and peace of mind. Additional features include a tankless water heater, some dual-paned windows, and a 2-car garage with built-in storage cabinets. Zoned for top-rated schools and conveniently located near downtown San Diego, the airport, and beaches—this is California living at its best. It’s more than a home. It’s a Lifestyle!

Mortgage Calculator

Est. Monthly Payment

$12,325

Principal & Interest$10,000
Property Tax$1,800
Insurance$525
%($359,999)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Hearst Elementary · grades K-5 · San Diego Unified

  • Middle

    Lewis Middle · grades 6-8 · San Diego Unified

  • High

    Henry High · grades 9-12 · San Diego Unified

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

14C
Est. Monthly Rent
$7,141

10 leases of houses within 1 mi, size-adjusted · $6,420–$6,722

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$5,184
Full Cashflow

Incl. vacancy, PM, maint, capex

-$8,326

What would make this work?

$8,326/mo short at 20% down; 87% down or +$10,813/mo rent closes it.

Break-even price

60% under asking

$715,895
Break-even rent

$10,813/mo above the estimate

$17,954/mo
Cashflow at 35% down
−$6,451/mo
Down payment to break even

$1,565,996 cash

87%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$10,000
Cap Rate
1.35%
Cash-on-Cash
-27.75%
DSCR

Need ≥ 1.25 for DSCR loan

0.58

NOI (Annual)
$24,368
Price-to-Rent

Lower = better for investors

21.0

* 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−$8,326/mo