37
Map
$932,500
●
House -
Off Market
2649 Palace
San Diego, CA 92123
3 Beds
2 Baths
1,200 Ft²
$4,886
Est. Monthly
About This Property
Beautifully updated single-level home in the highly desirable Serra
Mesa neighborhood, featuring OWNED SOLAR and gorgeous canyon views.
Filled with natural light, this inviting residence showcases
vaulted ceilings, wood floors throughout the main living areas, a
cozy fireplace, and an open-concept floor plan designed for
comfortable living and entertaining. The beautifully appointed
kitchen offers stainless steel appliances, crisp white cabinetry,
recessed lighting, and a center island with breakfast counter
seating that flows seamlessly into the living area. The spacious
primary suite features ample closet space and a tastefully updated
en-suite bath. Two of the secondary bedrooms enjoy private exterior
access and serene canyon views. Outside, the low-maintenance
backyard provides the perfect setting to relax and take in the
surrounding scenery. Additional highlights include zoned A/C and a
prime location close to shopping, dining, schools, golf courses,
parks, and convenient access to the I-15 freeway.
Unit Size
1,200 Ft²
Days on Market
36 days
Land Size
0.14 acres
Price per sqft
$829
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1960
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 months ago (SDMLS #260014794SD)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 24, 2026 | Sold | ||
| Sold | |||
| Jul 13, 2026 | In contract | - | |
| In contract | |||
| Jul 2, 2026 | Price Decreased |
$995,000
↓ $30K
(2.9%) | |
| Price Decreased | |||
| Jun 18, 2026 | Listed by Redfin | $1,025,000 | |
| Listed by Redfin | |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Eastern San Diego
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Listed by: Tamara Markey-Truax, Redfin
Last Updated: 3 months ago
Data Source: CRMLS, MLS# 260014794SD
Last Updated: 3 months ago
Data Source: CRMLS, MLS# 260014794SD
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