8851 Geraldine Ave

8851 Geraldine Ave

D

San Diego, CA 92123

$995,000
NEW — 0d on market

Beds

3

Baths

2

Sqft

1,050

Year Built

1957

Days on Market

0

Property Type

Single Family

HOA/mo

N/A

MLS ID

260007983SD

View on MLS

Description

Charming, Fully Renovated Single-Level Home on a Prime Corner Lot Welcome to this lovingly maintained home, proudly owned and cared for by the original owner since 1957. Thoughtfully updated while preserving its warmth and character, this single-level residence offers modern comfort with timeless appeal. The home has been fully renovated with a brand-new HVAC system, new windows, and recessed lighting, creating a bright and inviting atmosphere filled with natural light. The beautifully updated kitchen features all new appliances, a sleek single-basin stainless steel sink, and a clean, modern design. Both bathrooms have been completely remodeled, and new wood flooring runs throughout the home for a cohesive, elevated feel. Situated on a desirable corner lot, the property offers both privacy and space with a generous front and backyard. The outdoor covered patio is perfect for dining and entertaining, while the easy-care landscaping includes a new drip irrigation system, a mature orange tree, and ample space for a thriving vegetable garden. An oversized two-car garage features epoxy flooring, a utility sink, plumbing ready for a full-size stacked washer and dryer, and a new garage door opener with Bluetooth capability. A true blank canvas, this home is ready for you to add your personal touch while enjoying the benefits of its extensive upgrades. This is a rare opportunity to own a special home that combines decades of pride of ownership with thoughtful modern improvements—all in a comfortable, single-level layout.

Mortgage Calculator

Est. Monthly Payment

$6,316

Principal & Interest$5,031
Property Tax$995
Insurance$290
%($199,000)
%

Investment Score

4D
Est. Monthly Rent
$4,254
Monthly Cashflow

Rent − PITIA

$-2,062
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,870

Mortgage (P+I)
$5,031
Cap Rate
1.40%
Cash-on-Cash
-23.34%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.67
Break-even Rent
$9,280

NOI (Annual)
$13,937
Price-to-Rent

Lower = better for investors

19.5

* 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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