8705 Cetus Road
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8705 Cetus Road

D

San Diego, CA 92126

$1,149,000

Soft Appraisal Value: $1,129,300 · 1.7% above estimate

Beds

4

Baths

2

Sqft

1,614

Year Built

1972

Days on Market

8

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2605209

This property is in San Diego (92126). View neighborhood stats →

Virtual Tour

About This Property

Welcome to 8705 Cetus Road, a single story stunner, move-in ready home in one of Mira Mesa's most desirable neighborhoods. Combining modern upgrades, exceptional maintenance, and a prime central San Diego location, this home offers the perfect blend of comfort, convenience, and value. From the moment you arrive, you'll appreciate the pride of ownership reflected throughout the property. Inside, you'll find bright, open living spaces designed for today's lifestyle, featuring updated finishes, abundant natural light, and a seamless flow for both everyday living and entertaining. Major improvements completed by the current owner provide peace of mind and help make this a truly turnkey opportunity. Recent upgrades (2018-2019) include a new refrigerator and microwave, new air conditioning system, new washer and dryer, new driveway and walkway, plantation shutters and blinds throughout the home, and a custom California Closets organization system in the primary bedroom. Additional significant investments include replacement of the rear portion of the roof in 2023 and a new tankless water heater installed in 2026. Located in the highly sought-after Mira Mesa community, this home offers convenient access to some of San Diego's largest employment centers, including Sorrento Valley, Qualcomm, biotech campuses, technology companies, and major research facilities. Enjoy being just minutes from award-winning schools, community parks, shopping, dining, hiking trails, recreation centers, and everyday conveniences. With easy access to I-15, I-805, Highway 56, and nearby beaches, this location is ideal for those seeking a central San Diego lifestyle with a short commute to work and recreation. Whether you're a first-time homebuyer, growing family, professional working in the tech or biotech industries, or an investor looking for a high-demand neighborhood, this home checks all the boxes. Don't miss this rare opportunity to own a beautifully updated home in Mira Mesa—one of San Diego's most convenient locations.

Mortgage Calculator

Est. Monthly Payment

$7,294

Principal & Interest$5,810
Property Tax$1,149
Insurance$335
%($229,800)
%

Location

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Investment Score

15D
Est. Monthly Rent
$4,620
Monthly Cashflow

Rent − PITIA

$-2,674
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,694

Mortgage (P+I)
$5,810
Cap Rate
1.17%
Cash-on-Cash
-24.51%
DSCR

Need ≥ 1.25 for DSCR loan

0.63
Break-even Rent
$10,716

NOI (Annual)
$13,391
Price-to-Rent

Lower = better for investors

20.7

* 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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