6496 Cleo Street
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6496 Cleo Street

C

San Diego, CA 92115

$1,150,000
NEW — 3d

Soft Appraisal Value: $1,142,000 · 0.7% above estimate

Beds

4

Baths

2

Sqft

1,410

Year Built

1951

Days on Market

3

Property Type

Single Family

HOA/mo

N/A

MLS ID

NP26149423

This property is in San Diego (92115). View neighborhood stats →

About This Property

Tucked deep inside the neighborhood overlooking the hills, this fully remodeled 4-bedroom, 2-bathroom home sits on a nearly 10,000-square-foot lot in San Diego, California. The 1,410-square-foot interior has been completely updated with new flooring, a remodeled kitchen, remodeled bathrooms, fresh paint, a new water heater, new electrical panel, new air conditioner unit, and new roof — a true turnkey home ready to move into. The open-concept living area connects directly to the kitchen, creating an easy flow for living and entertaining. Three bedrooms sit on the west wing, each with large windows bringing in natural light and hillside views. The primary suite sits on the opposite end of the home for added privacy, with an en-suite bathroom and a large picture window overlooking the surrounding hills. The backyard is the standout feature: an expansive, low-maintenance, drought-tolerant landscape designed for a desert oasis feel, with plenty of room to entertain and unwind while watching sunset views over the hills. Located near San Diego State University, this home offers easy access to campus, shopping, and dining. A rare combination of privacy, space, and turnkey condition — 6496 Cleo St is move-in ready in one of San Diego's most sought-after pockets near SDSU.

Mortgage Calculator

Est. Monthly Payment

$7,300

Principal & Interest$5,815
Property Tax$1,150
Insurance$335
%($230,000)
%

Location

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Investment Score

14D
Est. Monthly Rent
$4,553
Monthly Cashflow

Rent − PITIA

$-2,747
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,753

Mortgage (P+I)
$5,815
Cap Rate
1.11%
Cash-on-Cash
-24.80%
DSCR

Need ≥ 1.25 for DSCR loan

0.62
Break-even Rent
$10,725

NOI (Annual)
$12,750
Price-to-Rent

Lower = better for investors

21.0

* 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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