5996 College Ave
1 / 20

5996 College Ave

C

San Diego, CA 92120

$1,664,000

Soft Appraisal Value: $1,622,200 · 2.6% above estimate

Beds

4

Baths

3

Sqft

2,104

Year Built

1970

Days on Market

45

Property Type

Single Family

HOA/mo

N/A

MLS ID

NP26045482

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

About This Property

Welcome to this stunningly renovated 4-bedroom, 3-bath home in the highly sought-after Del Cerro neighborhood. Beautifully renovated throughout, this home showcases a brand-new roof, upgraded HVAC, and an extensive collection of high-end finishes. From the moment you arrive, you’re greeted by exceptional curb appeal with fresh exterior paint, a newly poured designer driveway with turf inlays, a sleek glass-paneled garage door, and contemporary lighting that sets the tone for what awaits inside. Step into a bright, open-concept interior where the living, dining, and kitchen spaces flow seamlessly together, creating an ideal setting for both everyday living and effortless entertaining. The kitchen is a true showpiece, featuring a designer mosaic backsplash, custom white oak cabinetry, elegant quartz countertops with waterfall edges, and a curated suite of premium appliances. The spacious living area is anchored by a statement fireplace, creating a refined focal point, while expansive windows and the dining area showcase stunning panoramic views, offering breathtaking sunsets and sparkling city lights. All bathrooms have been fully remodeled with elevated designer finishes, including marble tile accents, white oak vanities, and quartz countertops. Additional upgrades include dual-pane windows, new interior and exterior doors, and upgraded flooring throughout. Step outside to enjoy the patio and a spacious 7,000 sq ft lot, perfectly positioned to capture the same sweeping views and create a seamless indoor-outdoor living experience. Ideally located near Lake Murray and Princess Del Cerro Park, with easy access to I-8 and just minutes from SDSU, shopping, dining, and top-rated schools, this home offers the perfect blend of comfort, convenience, and elevated living.

Mortgage Calculator

Est. Monthly Payment

$10,563

Principal & Interest$8,414
Property Tax$1,664
Insurance$485
%($332,800)
%

Location

Loading map...

Investment Score

3D
Est. Monthly Rent
$5,216
Monthly Cashflow

Rent − PITIA

$-5,347
Full Cashflow

Incl. vacancy, PM, maint, capex

$-7,933

Mortgage (P+I)
$8,414
Cap Rate
0.35%
Cash-on-Cash
-28.61%
DSCR

Need ≥ 1.25 for DSCR loan

0.49
Break-even Rent
$15,519

NOI (Annual)
$5,768
Price-to-Rent

Lower = better for investors

26.6

* 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