762 Cerro Gordo

762 Cerro Gordo

D

San Diego, CA 92102

$895,000

Soft Appraisal Value: $885,300 · 1.1% above estimate

Beds

2

Baths

2

Sqft

1,040

Year Built

1990

Days on Market

19

Property Type

Single Family

HOA/mo

N/A

MLS ID

260005292SD

Description

Beautifully restored detached 2-story home with a 3-Car Driveway situated on a cul-de-sac in highly desirable Golden Hill. Features include wood flooring, remodeled kitchen with granite countertops and stainless steel appliances - refrigerator, dishwasher, microwave, clothes washer & dryer. Updated exterior siding and paint. Mini-splits for instant & efficient A/C or heat in every room, upgraded light fixtures, waterfall shower, walk-in closet, laundry room, spacious newly renovated backyard, a private front yard w/ an outdoor gas fireplace. Turf and auto drip sprinklers in front and back for extremely low maintenance low cost yards. Home is zoned R-4 for multiple dwelling possibilities such as structure facing 27th street with its own entrance and parking. Located in an opportunity zone! Walkable to Kingfisher, Starbucks, Juan Jasper, Turf Supper Club, GH Park, Balboa Park and Golf Course, Downtown and Petco Park.

Mortgage Calculator

Est. Monthly Payment

$5,682

Principal & Interest$4,526
Property Tax$895
Insurance$261
%($179,000)
%

Investment Score

3D
Est. Monthly Rent
$2,989
Monthly Cashflow

Rent − PITI − HOA

$-2,693
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,126

Mortgage (P+I)
$4,526
Cap Rate
0.54%
Cash-on-Cash
-18.05%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.53
Break-even Rent
$5,682

NOI (Annual)
$4,796
Price-to-Rent

Lower = better for investors

25.0

* 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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