Listed by: Ashley Rhame, eXp Realty of California, Inc.
$1,160,000
●
House -
Off Market
5797 Adobe Falls Rd
San Diego, CA 92120
3 Beds
2 Baths
1,604 Ft²
$5,392
Est. Monthly
About This Property
Del Cerro Single-Story Gem with Canyon Views – No Neighbors Behind!
This fully remodeled 3-bedroom, 2-bathroom home, plus an oversized
bonus living area, is the one you've been waiting for! From the
moment you arrive, the expansive driveway welcomes you to this
beautifully upgraded residence. Ideal for entertaining, the bright
and airy open-concept living space is bathed in natural light. The
gourmet kitchen features sleek European-style cabinetry, a large
island, quartz countertops, stainless steel appliances, a stylish
tiled backsplash, and a charming farmhouse sink. The bathrooms are
truly impressive, showcasing elegant tilework and luxurious quartz
countertops that add a sophisticated touch. Step outside, and
you'll find a breathtaking backyard retreat, complete with lush
canyon views – perfect for outdoor living and relaxation. Don't
miss your chance to live the Del Cerro dream!
Unit Size
1,604 Ft²
Days on Market
58 days
Land Size
0.17 acres
Price per sqft
$685
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1964
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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: 2 years ago (CRMLS #250000083SD)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 28, 2025 | Sold | ||
| Sold | |||
| Jan 2, 2025 | Listed by eXp Realty of California, Inc. | $1,098,000 | |
| Listed by eXp Realty of California, Inc. | |||
| Aug 1, 2024 | Sold | ||
| Sold | |||
| Jun 28, 2024 | Listed by Nordic Properties | $969,000 | |
| Listed by Nordic Properties | |||
| | |||
|
Set in the beautiful community of Del Cerro, this charmer offers a tropical feel with room to enjoy. Peaceful and private at the end of a long cul-de-sac, the canyon exposure is a welcome place for relaxing and entertaining. This home is a FIXER due to roof leak and unfinished primary bath, so CASH OFFERS only.
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Eastern San Diego
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Listed by: Ashley Rhame, eXp Realty of California, Inc.
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 250000083SD
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 250000083SD
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