3340 Del Sol Blvd #102 · San Diego, CA 92154

$217,000

3 bd · 2.0 ba · 1,440 sqft · Manufactured · 34 Days on market

Built 1978 Good condition Est $190k · 14% over

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Why this score? — see what drove the B- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Condition / age +4.0/5.0
• Schools +3.9/10.0
• Livability +3.8/5.0
• Rent growth +2.4/5.0
• ARV discount +1.1/15.0
• Appreciation +0.0/10.0

Listing remarks

Step into effortless living with this beautifully FULLY renovated 3-bedroom, 2-bath home located in a desirable gated 55+ community. Every detail has been thoughtfully upgraded—featuring a brand-new roof, new windows, new deck, stylish LVP flooring throughout, a brand-new furnace and AC, and updated electrical—truly making this home feel like new construction. The open-concept layout creates a seamless flow, perfect for both everyday living and entertaining. The stunning kitchen is the heart of the home, showcasing all-new cabinetry, a large center island, elegant natural stone countertops, brand-new appliances, and modern fixtures. The spacious primary suite offers a private re

Key facts

• Fully renovated
• New furnace
• New deck

Tags

• FULLY RENOVATED
• NEW ROOF
• NEW WINDOWS
• NEW DECK
• LVP FLOORING
• NEW FURNACE

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $217k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $1k ($16k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($4k rent vs $217k).
• Recommended offer: $210k (3.0% below list) — sets the bar for market timing.
• Cap rate 13.7% vs local median 2.0% in San Diego — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 75/100 on livability (#123 in CA, #4,206 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, employment A+; Watch: health & safety C-, crime D+, cost of living F.
• Sweetwater Union High (suburban): math 36% / reading 52% proficiency, ranked #187 of 517 in CA (top 36%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents soft (-0.5%/yr); 210 active listings in the ZIP; 22 comparable units currently listed for rent nearby; rentals leasing fast (median 2d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 11,759 units permitted in San Diego County in 2024 (7,244 in 5+ unit buildings).
• At $3,588/mo this rent would consume 45% of the median local household income ($95k/yr) (locally 2959% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
• San Diego County population projected at +20% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 0.0% rent growth), your $61k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 34 days — a 3% lower offer ($210k) is reasonable based on typical stale-listing flexibility.

Recommended offer $210,490 (3.0% below list)

Questions for the listing agent

1. It's been on market 34 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1978 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
5. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.65% ✓
• Cap rate: 13.67%
• Cash-on-cash: 26.36%
• DSCR: 2.17
• GRM: 5.0

CMA / ARV

• ARV (on-the-fly): $190,080
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3340 Del Sol Blvd #102	0.00mi	3/2.0	1,440 (0%)	1mo	$217,000	$151	99
3340 Del Sol Blvd #180	0.00mi	2/2.0 (-1)	1,440 (0%)	2mo	$85,000	$59	93
3340 Del Sol Blvd, Unit 158	0.01mi	2/2.0 (-1)	1,440 (0%)	2mo	$125,000	$87	93
3340 Del Sol Blvd #237	0.09mi	3/2.0	1,440 (0%)	5mo	$198,000	$138	91
3340 Del Sol #215	0.09mi	2/2.0 (-1)	1,440 (0%)	6mo	$190,000	$132	85
3340 Del Sol Blvd Spc 126	0.09mi	2/2.0 (-1)	1,440 (0%)	7mo	$150,000	$104	85
3340 Del Sol Blvd #21	0.09mi	2/2.0 (-1)	1,440 (0%)	8mo	$177,000	$123	84
3340 Del Sol Blvd #209	0.09mi	3/2.0	1,431 (-1%)	15mo	$275,000	$192	82
3340 Del Sol Blvd #144	0.00mi	2/2.0 (-1)	1,344 (-7%)	2mo	$195,000	$145	82
3340 Del Sol Blvd Spc 4	0.00mi	2/2.0 (-1)	1,536 (+7%)	3mo	$80,000	$52	81
1011 Beyer Way #32	0.12mi	4/2.0 (+1)	1,511 (+5%)	6mo	$225,000	$149	76
3340 Del Sol Blvd #196	0.09mi	2/2.0 (-1)	1,344 (-7%)	8mo	$170,000	$126	72

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: 16.7%
• Equity multiple: 1.65×
• Total profit: $39,391
• Equity at exit: $32,355

10-year hold

• IRR: 23.0%
• Equity multiple: 2.70×
• Total profit: $103,356
• Equity at exit: $18,762

Cash invested: $60,760 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 18 Strongly Tenant-Friendly
• State California: 18 Strongly Tenant-Friendly · D+13
• County: — inherits STATE
• City: — inherits STATE

AB1482 statewide rent cap (10% + CPI). Cities (SF/LA/Berkeley) layer stricter rules. Just-cause statewide.

Methodology + full state rankings →

ZIP-level market 92154

• Rents YoY: -0.5%
• Active inventory: 210
• Price-to-rent: 5.0×

Monthly cashflow live

• Estimated rent: $3,588 high
• Mortgage (P&I): −$1,138
• Tax est. 1.5%: −$271 /mo · $3,255/yr
• Insurance: −$90
• HOA: −$0
• Vacancy / Maint / Mgmt: −$753
• Net cashflow: $1,335

Break-even live

Break-even rent $1,898

Max offer price $217,000

Occupancy floor 58%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $54,250
• Closing costs: $6,510
• Reserves months: —
• Total cash needed: —

Rent comps 22 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
813 Beyer Way San Diego, CA	3.0	2.5	1495	$3,500	$2.34	2d	1	0.35mi
3580 Marzo St San Diego, CA	3.0	2.0	1700	$3,500	$2.06	16d	1	0.37mi
3624 Marzo St San Diego, CA	3.0	2.0	1330	$3,295	$2.48	19d	1	0.40mi
3590 Arey Dr San Diego, CA	3.0	2.0	1061	$3,995	$3.77	1d	1	0.45mi
3791 Agosto St San Diego, CA	4.0	2.0	1488	$3,900	$2.62	1d	1	0.53mi
3822 Enero Ct San Diego, CA	3.0	2.0	1012	$3,850	$3.80	10d	1	0.61mi
2709 Elm Ave Unit B San Diego, CA	3.0	3.0	1560	$3,449	$2.21	1d	1	0.83mi
3763 Via del Bardo San Ysidro, CA	3.0	2.5	1472	$4,200	$2.85	2d	1	0.84mi
1515 Kenalan Dr San Diego, CA	3.0	2.0	1140	$3,500	$3.07	1d	1	0.85mi
2683 Caulfield Dr San Diego, CA	3.0	2.0	1445	$3,995	$2.76	2d	1	0.85mi
2750 Dahlia Ave San Diego, CA	4.0	2.0	1196	$3,995	$3.34	1d	1	0.90mi
1587 Oro Vista Rd San Diego, CA	1.0–2.0	1.0–2.0	805	$2,495	$3.10	1d	4	1.02mi
1394 Oro Vista Rd San Diego, CA	2.0–3.0	2.0	1088	$3,250	$2.99	1d	4	1.08mi
2367 Grove Ave San Diego, CA	1.0–2.0	1.0	741	$2,495	$3.36	1d	4	1.22mi
1001 Outer Rd San Diego, CA	2.0	2.0	1000	$2,538	$2.54	1d	5	1.28mi
1729 Hollister St #15 San Diego, CA	3.0	2.0	1224	$3,100	$2.53	1d	1	1.40mi
3875 Main St Chula Vista, CA	1.0–2.0	1.0–2.0	813	$2,950	$3.63	1d	9	1.43mi
4483 Corona Borealis San Diego, CA	2.0	2.5	1400	$3,800	$2.71	14d	1	1.44mi
217 Date St Unit B Chula Vista, CA	3.0	2.5	1228	$3,500	$2.85	2d	1	1.47mi
2171 Ilex Ave San Diego, CA	3.0	2.0	1654	$4,200	$2.54	1d	1	1.48mi
156 Date St Chula Vista, CA	4.0	1.5	1324	$3,480	$2.63	1d	1	1.49mi
156 Date St Chula Vista, CA	4.0	1.5	1324	$3,480	$2.63	14d	1	1.49mi

Listing history 2 events

1. 2026-04-28
   status Pending
2. 2026-03-25
   listed $217,000 Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 4/10 Moderate 5 d/yr ≥86°F today · 14 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $43,055
• − Mortgage interest: −$12,155
• − Property taxes: −$3,255
• − Insurance: −$1,085
• − Repairs & maintenance: −$3,444
• − Management: −$3,444
• − Depreciation: −$6,313
• Taxable income: $13,358
• Est. tax owed @ 24.0%: −$3,206
• After-tax cash flow: $12,812/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 13 photos

Good 80/100 Cosmetic rehab

This fully renovated 3-bedroom, 2-bath home in a gated 55+ community is move-in ready with new finishes and systems, making it an excellent investment for both resale and rental.

Value-add opportunities

• Both Painting the exterior and interior — Enhances curb appeal and interior aesthetics.
• Both Landscaping improvements — Enhances curb appeal and adds value.
• Both Upgrading the electrical system — Ensures safety and meets current standards.

Renovation cost estimate screening

Value-add ROI direction

• Both Painting the exterior and interior — Enhances curb appeal and interior aesthetics. ↑
• Both Landscaping improvements — Enhances curb appeal and adds value. ↑
• Both Upgrading the electrical system — Ensures safety and meets current standards. ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Sweetwater Union High
• NCES district ID: 0638640
• Math proficiency: 36% ▲ 3.00%
• Reading proficiency: 52% ▼ -2.00%
• Median HH income: $59,051
• Composite: 38.61/100
• National rank: #4158
• State rank: #187 of 517 in CA

Livability — San Diego

• Score: 75/100
• State rank: #123
• US rank: #4206

Category grades

Amenities A+ Commute A+ Cost of living F Crime D+ Employment A+ Housing C+ Health & safety C- User ratings B

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: San Diego, CA
• County: San Diego County · 3,178,799 people
• City population: 1,397,612
• Metro: San Diego-Chula Vista-Carlsbad, CA
• Population (ZIP): 80,445
• Household income: $94,901
• Rent vs Own: 38.9% rent · 61.1% own
• Severe rent burden: 2959.0

Population outlook (San Diego County) Hauer SSP2

• Today (2025): 3,678,185 people
• By 2030: 3,856,546 · +4.8%
• By 2040: 4,171,407 · +13.4%
• By 2050: 4,421,607 · +20.2%
• By 2075: 4,831,599 · +31.4%
• By 2100: 4,832,502 · +31.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Hispanic (68%)
• Race & ethnicity: Hispanic / Latino 68% Two or more races 30% White 12% Asian 12% Black 5% Native American 1%
• Hispanic origin (detail): Mexican 65%
• Foreign-born: 32% · Canada, China
• Languages at home: 35% English-only · Spanish 56% Tagalog/Filipino 7% Chinese 1%

Political lean MEDSL · San Diego

• 2024 margin: D (+16.8) · D 56.9% · R 40.1% · Other 2.9%
• 2008→2024 swing: +6.6pp toward D · 2008: 10.2pp · 2024: 16.8pp
• All cycles: 2024: D+16.8 2020: D+22.8 2016: D+17.8 2012: D+5.1 2008: D+10.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -568.62%
• Current HPI: 393.1836
• Rent YoY: ▼ -0.52%
• Metro: San Diego-Chula Vista-Carlsbad, CA
• State GDP YoY: ▲ 3.21%
• F500 in state: 116

Industry mix (Fortune 500 HQ in CA)

Industry	F500 HQs	Revenue
▸Technology	27	$1,492B
▸Financial Services	3	$174B
▸Retail	3	$44B
▸Insurance	3	$26B
▸Media / Entertainment	2	$115B
▸Pharmaceuticals / Biotech	2	$62B

Price history

2 events — show timeline

• 2026-04-28 Pending — SDMLS
• 2026-03-25 Listed $217,000 SDMLS