This listing is no longer active

This page is kept for reference. Browse active listings →

8851 Geraldine Ave
1 / 20

8851 Geraldine Ave

D

San Diego, CA 92123

$999,000

Soft Appraisal Value: $1,050,800 · 4.9% below estimate

Beds

3

Baths

2

Sqft

1,050

Year Built

1957

Days on Market

36

Property Type

Single Family

HOA/mo

N/A

MLS ID

260007983SD

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

Virtual Tour

About This Property

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

$6,342

Principal & Interest$5,051
Property Tax$999
Insurance$291
%($199,800)
%

Location

Loading map...

Investment Score

21D
Est. Monthly Rent
$4,009
Monthly Cashflow

Rent − PITIA

$-2,332
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,087

Mortgage (P+I)
$5,051
Cap Rate
1.16%
Cash-on-Cash
-24.55%
DSCR

Need ≥ 1.25 for DSCR loan

0.63
Break-even Rent
$9,317

NOI (Annual)
$11,573
Price-to-Rent

Lower = better for investors

20.8

* 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.

Get Expert AnalysisOpen Full Calculator