8514 Glenhaven
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8514 Glenhaven

C

San Diego, CA 92123

$1,199,000

Soft Appraisal Value: $1,199,300 · 0.0% below estimate

Beds

5

Baths

3

Sqft

1,764

Year Built

1960

Days on Market

45

Property Type

Single Family

HOA/mo

N/A

MLS ID

260012999SD

This property is in San Diego (92123). View neighborhood stats →

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About This Property

Beautifully renovated 4-bedroom, 2-bath home with a permitted Conversion ADU in the heart of Serra Mesa, one of San Diego’s most centrally located and sought-after neighborhoods. This expansive floor plan offers spacious bedrooms, abundant storage, and an incredible flow of natural light throughout the home. Featuring stainless steel appliances, quartz countertops, an oversized laundry room, and energy-efficient mini-split heating and cooling systems, this property was designed for comfortable San Diego living. What truly sets this property apart is its rare investment potential and thoughtful layout. Unlike many multi-unit opportunities, this home offers ample parking, dedicated spaces for each unit, and private outdoor areas that create a sense of separation and privacy. Included with the property are plans for two additional permitted 2-bedroom, 1-bath ADUs with direct alley access. The alley configuration allows future units to have private entrances, convenient parking, and seamless accessibility without disrupting the main residence creating an ideal setup for owner-occupants, multigenerational living, or strong rental income potential. Located just steps from Angier Elementary School and minutes from the Serra Mesa Recreation Center, this home places you in the center of everything San Diego has to offer. Enjoy quick access to the dining and entertainment of Convoy District and Mission Valley, while major freeways including the 163, 15, and 8 make commuting effortless.

Mortgage Calculator

Est. Monthly Payment

$7,612

Principal & Interest$6,063
Property Tax$1,199
Insurance$350
%($239,800)
%

Location

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Investment Score

20D
Est. Monthly Rent
$5,201
Monthly Cashflow

Rent − PITIA

$-2,411
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,606

Mortgage (P+I)
$6,063
Cap Rate
1.46%
Cash-on-Cash
-23.05%
DSCR

Need ≥ 1.25 for DSCR loan

0.68
Break-even Rent
$11,183

NOI (Annual)
$17,479
Price-to-Rent

Lower = better for investors

19.2

* 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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