6280 Lance Place

6280 Lance Place

D

San Diego, CA 92120

$1,899,000

Soft Appraisal Value: $1,851,100 · 2.6% above estimate

Beds

4

Baths

2.5

Sqft

2,159

Year Built

1968

Days on Market

17

Property Type

Single Family

HOA/mo

N/A

MLS ID

PTP2602124

Description

Welcome to this fully renovated 4-bedroom, 2.5-bath home on Lance Place in the highly sought-after Del Cerro neighborhood (92120), featuring a brand new roof and extensive upgrades throughout. From the moment you arrive, you’re greeted by a stunning custom front door and strong curb appeal with fresh exterior paint, a new driveway, new garage door, updated lighting, concrete steps, and new planters. Inside, the home has been thoughtfully redesigned with a clean, modern aesthetic. The kitchen is a true centerpiece, featuring custom white oak cabinetry, quartz countertops, marble flooring, premium Forno appliances, and a Delta pot filler and faucet. The open-concept living space is warm and inviting with a statement marble fireplace and custom white oak arches, while the dining area offers built-in cabinetry and a new chandelier, perfect for entertaining. All bathrooms have been fully remodeled with designer finishes, including marble tile in the powder room, white oak vanities, quartz countertops, and Delta fixtures. Additional upgrades include new dual-pane windows, new interior and exterior doors, and updated flooring throughout. Step outside to enjoy the covered patio and a spacious 7,840 sq ft lot. Ideally located near Lake Murray, top-rated schools, and convenient I-8 access, this move-in ready home offers elevated design in one of San Diego’s most desirable neighborhoods.

Mortgage Calculator

Est. Monthly Payment

$12,055

Principal & Interest$9,602
Property Tax$1,899
Insurance$554
%($379,800)
%

Investment Score

0D
Est. Monthly Rent
$5,118
Monthly Cashflow

Rent − PITIA

$-6,937
Full Cashflow

Incl. vacancy, PM, maint, capex

$-9,697

Mortgage (P+I)
$9,602
Cap Rate
-0.06%
Cash-on-Cash
-30.64%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.42
Break-even Rent
$17,712

NOI (Annual)
$-1,136
Price-to-Rent

Lower = better for investors

30.9

* 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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