7021 Madrone Ave
Btop 30%San Diego, CA 92114
One license per person in San Diego: whether you can hold it depends on you, not only the home.
8 licensed short-term rentals within ½ mile (2 whole home), from the cities' license and permit lists of Nov 13, 2026.
Pass at asking: -$2,930/mo full cashflow at 20% down, 7.36% rate.
Works at $386,568 (50% under asking), or at 76% down.
Rent $3,837/mo from 14 leases of 3-bed houses within 2 mi ($3,709–$4,156).
Beds
3
Baths
2
Sqft
1,378
Year Built
1961
Days on Market
98
Property Type
Single Family
HOA/mo
N/A
MLS ID
260019269SD
This property is in San Diego (92114). Browse neighborhood analytics →
About This Property
NOW $769,995! Live in this beautifully maintained and updated 3BR/2BA home in 92114, now featuring total secure side gates!!! Enjoy a nice bright living area with durable laminate flooring, a cozy fireplace, and a large kitchen complete with newer lower cabinets and stainless steel appliances. Up the stairs, you'll find carpeting over original wood flooring ready for you to uncover. Enjoy ultimate peace of mind with extensive capital improvements all under 7 years old: a newer ROOF, HVAC, water heater, a new internet-adaptable garage door opener, and updated kitchen-to-street plumbing lines. Highlights include a convenient main-level bedroom/office and an oversized 7,800 sq ft lot featuring an attached 2-car garage, low-maintenance desert front landscaping, and a massive backyard with a mature tangelo tree and plenty of room for a future ADU. Incredible price, fantastic chance to enjoy and ready for you!
Mortgage Calculator
Est. Monthly Payment
$5,243
Location
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Zoned Schools
Elementary
Fulton K-8 · grades PK-8 · San Diego Unified
Middle
Bell Middle · grades 6-8 · San Diego Unified
High
Morse 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
$3,837
Comp Average
$3,751
7450 Jamacha Road
3bd / 2ba · 1,310 sqft · Single Family
$749K
Est. $4,113/mo
405 61st Street
3bd / 3ba · 1,400 sqft · Single Family
$700K
Est. $3,796/mo
5710 Greycourt
3bd / 2ba · 1,401 sqft · Single Family
$770K
Est. $3,731/mo
7121 Skyline Dr
3bd / 2ba · 1,274 sqft · Single Family
$760K
Est. $3,622/mo
5606 Mchugh Street
3bd / 2.5ba · 1,351 sqft · Single Family
$765K
Est. $3,492/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
14 leases of 3-bed houses within 2 mi · $3,709–$4,156
Blended 50/50 with the zip's market median ($3,794)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$2,930/mo short at 20% down; 76% down or +$3,806/mo rent closes it.
- Break-even price
- $386,568
- Break-even rent
- $7,643/mo
- Cashflow at 35% down
- −$2,134/mo
- Down payment to break even
- 76%
- Rate to break even
- Not reachable
50% under asking
$3,806/mo above the estimate
$585,196 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.36% 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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