9162 Fermi Ave.
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9162 Fermi Ave.

D

San Diego, CA 92123

$1,095,000
NEW — 2d

Beds

3

Baths

2

Sqft

1,450

Year Built

1958

Days on Market

2

Property Type

Single Family

HOA/mo

N/A

MLS ID

260012179SD

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

About This Property

Beautifully upgraded single-level home in the highly desirable Mission Village/Serra Mesa neighborhood, ideally located near all that San Diego has to offer. This move-in ready residence features newer Mitsubishi mini-split systems throughout, owned solar, and extensive infrastructure upgrades including all new copper cold water lines and fully replaced PVC drainage plumbing. The remodeled kitchen showcases Quartzite countertops, newer LG appliances, reverse osmosis water filtration, and modern finishes throughout. Both bathrooms have been fully renovated with new tile, tub, fixtures, and flooring. A finished and insulated sunroom adds valuable living space and is included in the recorded square footage. The garage has been thoughtfully improved with epoxy flooring, drywall, recessed lighting, plus a separate insulated office build-out complete with its own A/C system and privacy-tinted windows. Enjoy the professionally designed low-maintenance landscaping with turf, dryscape, and automatic irrigation. Additional highlights include a brand new driveway, owned water softener system, and an unbeatable central location just minutes from Downtown San Diego, Mission Beach, Fashion Valley, Mission Valley, Convoy District, the San Diego Zoo, and within walking distance to Snapdragon Stadium.

Mortgage Calculator

Est. Monthly Payment

$6,951

Principal & Interest$5,537
Property Tax$1,095
Insurance$319
%($219,000)
%

Location

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Investment Score

8D
Est. Monthly Rent
$3,833
Monthly Cashflow

Rent − PITIA

$-3,118
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,912

Mortgage (P+I)
$5,537
Cap Rate
0.68%
Cash-on-Cash
-26.92%
DSCR

Need ≥ 1.25 for DSCR loan

0.55
Break-even Rent
$10,212

NOI (Annual)
$7,499
Price-to-Rent

Lower = better for investors

23.8

* 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.

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