7391 Margerum Avenue
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 (9 whole home), from the cities' license and permit lists of Nov 1, 2026.
Pass at asking: -$7,488/mo full cashflow at 20% down, 7.49% rate.
Works at $554,201 (64% under asking), or at 91% down.
Rent $5,552/mo from 19 leases of houses within 2 mi, size-adjusted ($5,128–$5,803).
Beds
6
Baths
4
Sqft
2,304
Year Built
1966
Days on Market
1
Property Type
Single Family
HOA/mo
N/A
MLS ID
PTP2608110
This property is in San Diego (92120). View neighborhood stats →
About This Property
Looking for THE ONE, the house that CHECKS ALL OF YOUR BOXES, a home nestled in your dream neighborhood of Del Cerro with fully owned solar and a pool? Then stop the car and step inside 7391 Margerum Avenue. This exceptional home has been remodeled and will take your breath away as you walk through the front door to see a stunning floor plan where living, dining, kitchen and outdoor spaces flow seamlessly together! Perfect for entertaining all of your family and friends. This home has a showpiece kitchen that features a large pantry, plenty of seating at the dual islands with sleek waterfall edge countertops, Cantina doors for unobstructed views to the sparkling pool in your backyard retreat blending contemporary style and timeless farmhouse inspired details for perfect functionality. On the first floor you also have that highly desired first floor bedroom option with an ensuite perfect for guests, multigenerational living, or a private home office. Upstairs is where the spacious primary suite offers a walk-in closet and a serene retreat spa like bathroom curated finishes that include custom tile, striking black farmhouse inspired hardware and large luxurious soaking tub all of which add to the sophisticated cohesive touch you feel throughout this home. With 2,304 sq ft 6 bedrooms 3.5 bathrooms in one of San Diego's most sought-after communities, is a short drive to top-rated schools, Mission Trails Regional Park, local beaches, and attractions San Diego has to offer . Don't wait to come fall in love today!
Mortgage Calculator
Est. Monthly Payment
$10,492
Location
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Zoned Schools
Elementary
Marvin 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
$5,552
Comp Average
$5,804

6477 Winona Avenue
5bd / 2.5ba · 2,410 sqft · Single Family
$1.20M
Est. $5,535/mo
5964 Highplace Drive
4bd / 3ba · 2,273 sqft · Single Family
$1.50M
Est. $6,293/mo
8140 Hillandale Dr
5bd / 3ba · 2,273 sqft · Single Family
$1.38M
Est. $5,693/mo

5545 Red River Dr
4bd / 3ba · 2,347 sqft · Single Family
$1.55M
Est. $5,766/mo
6268 Lance Place
4bd / 3ba · 2,370 sqft · Single Family
$1.77M
Est. $5,731/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
19 leases of houses within 2 mi, size-adjusted · $5,128–$5,803
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$7,488/mo short at 20% down; 91% down or +$9,724/mo rent closes it.
- Break-even price
- $554,201
- Break-even rent
- $15,276/mo
- Cashflow at 35% down
- −$5,890/mo
- Down payment to break even
- 91%
- Rate to break even
- Not reachable
64% under asking
$9,724/mo above the estimate
$1,387,750 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.49% 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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