
6111 Del Cerro Boulevard
Ctop 80%San Diego, CA 92120
One license per person in San Diego: whether you can hold it depends on you, not only the home.
10 licensed short-term rentals within ½ mile (5 whole home), from the cities' license and permit lists of Nov 6, 2026.
Pass at asking: -$7,513/mo full cashflow at 20% down, 7.43% rate.
Works at $470,944 (67% under asking), or at 95% down.
Rent $4,697/mo from 9 leases of 2–4 bed houses within 1 mi ($4,650–$5,275).
Beds
3
Baths
2
Sqft
1,714
Year Built
1961
Days on Market
0
Property Type
Single Family
HOA/mo
N/A
MLS ID
PTP2608216
This property is in San Diego (92120). View neighborhood stats →
About This Property
Rare opportunity in one of Del Cerro's most coveted neighborhoods! 6111 Del Cerro Blvd is a remodeled home with VIEWS to San Diego. Inside, you'll find over 1,700 square feet featuring an open floor plan with tremendous natural light. Large open kitchen with island opens to the formal dining room and living room with dramatic fireplace. Off the formal dining room is the sunroom that is perfect for your morning coffee or evening glass of wine while taking in the views of San Diego. The brand new kitchen features stunning white oak cabinets, solid surface countertops, tiled backsplash and brand new stainless steel appliances. Both bathrooms have been thoughtfully updated top to bottom with tiled showers, brand new vanities and marble floors. Newer windows, and refreshed low maintenance landscaping make this a completely turn key home. Minutes from top-rated schools, hiking trails, shopping, dining, and easy freeway access, while still enjoying the peaceful feel that makes Del Cerro one of San Diego's most sought-after communities. Must see to appreciate!
Mortgage Calculator
Est. Monthly Payment
$9,921
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.
Comparable Properties
5 comps foundThis Property
$4,697
Comp Average
$5,022

4975 Greenbrier Avenue
3bd / 2ba · 1,798 sqft · Single Family
$1.15M
Est. $5,494/mo
6832 Cartwright
3bd / 2ba · 1,679 sqft · Single Family
$1.10M
Est. $4,545/mo
5693 Easton Avenue
4bd / 2ba · 1,693 sqft · Single Family
$1.23M
Est. $4,713/mo
5657 Red River Dr
4bd / 3ba · 1,729 sqft · Single Family
$1.44M
Est. $5,396/mo

5951 Lomond Dr
3bd / 2ba · 1,681 sqft · Single Family
$1.52M
Est. $4,961/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
9 leases of 2–4 bed houses within 1 mi · $4,650–$5,275
Blended 50/50 with the zip's market median ($4,604)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$7,513/mo short at 20% down; 95% down or +$9,757/mo rent closes it.
- Break-even price
- $470,944
- Break-even rent
- $14,454/mo
- Cashflow at 35% down
- −$6,003/mo
- Down payment to break even
- 95%
- Rate to break even
- Not reachable
67% under asking
$9,757/mo above the estimate
$1,376,550 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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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