8782 Mulvaney Dr
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8782 Mulvaney Dr

Ctop 80%

San Diego, CA 92119

$1,149,000
STR-eligible · San Diego Tier 3 · TOT 12.75%

One license per person in San Diego: whether you can hold it depends on you, not only the home.

3 licensed short-term rentals within ½ mile (3 whole home), from the cities' license and permit lists of Nov 13, 2026.

Pass at asking: -$5,100/mo full cashflow at 20% down, 7.36% rate.

Works at $481,678 (58% under asking), or at 85% down.

Rent $4,780/mo from 10 leases of 3–5 bed houses within 2 mi ($4,256–$4,770).

Beds

4

Baths

2

Sqft

1,577

Year Built

1969

Days on Market

69

Property Type

Single Family

HOA/mo

N/A

MLS ID

260021565SD

This property is in San Diego (92119). Browse neighborhood analytics →

Virtual Tour

About This Property

Completely reimagined from the ground up, this San Carlos pool home delivers a lifestyle that feels both elevated and effortless. Set on a spacious lot with no HOA, the 4-bedroom, 2-bathroom layout spans 1,577 sqft of single-level living that has been transformed through more than $170K in thoughtful upgrades — and every detail shows. The expanded kitchen anchors the home with all-new cabinetry, appliances, and finishes that open into warm, light-filled living spaces centered around a fireplace. Both bathrooms have been fully remodeled, while new flooring, fresh interior paint, and updated lighting give the entire home a cohesive, move-in-ready feel. The big-ticket infrastructure is already handled — new roof, new dual-pane windows, new HVAC, new water heater, new pool equipment, and new garage doors — so buyers can simply settle in and enjoy. A freshly resurfaced in-ground pool anchors a private outdoor space that's equally suited for weekend entertaining or quiet evenings under the San Diego sky. The attached 2-car garage adds everyday practicality without sacrificing style. Situated in one of San Diego's most sought-after neighborhoods, the home is minutes from Lake Murray, Mission Trails Regional Park, and Cowles Mountain, with local dining, shopping, and freeway access all close to home. And with sellers open to buying down closing costs, qualified buyers have a meaningful opportunity to make this home their own on even better terms. Turnkey homes at this level of finish don't stay available for long.

Mortgage Calculator

Est. Monthly Payment

$7,823

Principal & Interest$6,339
Property Tax$1,149
Insurance$335
%($229,800)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Gage Elementary · grades K-5 · San Diego Unified

  • Middle

    Pershing 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.

Investment Score

15C
Est. Monthly Rent
$4,780

10 leases of 3–5 bed houses within 2 mi · $4,256–$4,770

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$3,043
Full Cashflow

Incl. vacancy, PM, maint, capex

-$5,100

What would make this work?

$5,100/mo short at 20% down; 85% down or +$6,624/mo rent closes it.

Break-even price

58% under asking

$481,678
Break-even rent

$6,624/mo above the estimate

$11,404/mo
Cashflow at 35% down
−$3,912/mo
Down payment to break even

$976,650 cash

85%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$6,339
Cap Rate
1.54%
Cash-on-Cash
-26.63%
DSCR

Need ≥ 1.25 for DSCR loan

0.61

NOI (Annual)
$17,737
Price-to-Rent

Lower = better for investors

20.0

* 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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CCashflow−$5,100/mo