3340 Del Sol Blvd Spc 54 · San Diego, CA 92154

$139,000

2 bd · 2.0 ba · 1,152 sqft · Manufactured public records · 54 Days on market

Built 1978 Est $123k · 13% over

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Why this score? — see what drove the C+ 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
• Schools +3.9/10.0
• Livability +3.8/5.0
• Condition / age +2.5/5.0
• Rent growth +2.4/5.0
• ARV discount +1.8/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

MOTIVATED SELLER! Delightful extra clean 2bdrm, 2bath home waiting for your personal touch. Lg bricked patio area & fenced yard w/open space in rear, w/window coverings, built-ins, newer Maytag washer & dryer, Rheem Air Conditioner, copper pipe plumbing, & partially furnished so it is practically move-in ready. The skylights in the kitchen & baths help to brighten each day. Ocean Bluffs is a quiet, 55+ gated community with tree-lined paths, pool, clubhouse, & lots of resident activities. Priced to sell!

Key facts

• Open concept living
• Large backyard
• 2 parking spots

Tags

• OPEN CONCEPT LIVING
• LARGE BACKYARD
• EXCEPTIONAL AMENITIES

Property features AI

Finance

• HOA & community: Located in a senior community (Ocean Bluffs Estates)

Exterior

• Parking: 2 parking spaces
• Utilities: Public water; Sewer connected
• Home design: Manufactured home; Single-story
• Construction: HardiPlank type siding; Asphalt roof
• Exterior features: Partial fencing; Shed(s); Community pool

Interior

• Kitchen: Includes dishwasher, range/oven, range hood, gas cooktop, refrigerator, freezer, disposal
• Bedrooms: 2 possible bedrooms
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central air conditioning; Forced air heating (natural gas)
• Interior features: Dishwasher; Disposal; Dryer; Refrigerator; Washer; Free‑Standing Range / Oven / Range Hood; Freezer; Gas Oven; Gas Range / Gas Cooktop; Range; Exhaust Fan
• Laundry & utility: Washer and dryer included

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $139k.

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 ($3k rent vs $139k).
• Recommended offer: $135k (3.0% below list) — sets the bar for market timing.
• Cap rate 18.0% 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); 208 active listings in the ZIP; 22 comparable units currently listed for rent nearby; rentals leasing fast (median 3d 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).
• This rent runs 37% of the median local income ($95k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $961 of loan paydown is wiped out by about $4k 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 $39k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 54 days — a 3% lower offer ($135k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 8y ago; this cycle's ask has dropped $11k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $49k; list at $139k implies a 184% gain — meaningful room to come down on a strong offer.

Recommended offer $134,830 (3.0% below list)

Questions for the listing agent

1. It's been on market 54 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: 2.11% ✓
• Cap rate: 18.03%
• Cash-on-cash: 41.92%
• DSCR: 2.87
• GRM: 3.9

CMA / ARV

• ARV (on-the-fly): $123,264
• Comps found: 3

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3340 Del Sol Blvd #161	0.00mi	2/2.0	1,200 (+4%)	2mo	$85,000	$71	91
3340 Del Sol Blvd #249	0.00mi	2/2.0	1,152 (0%)	13mo	$163,000	$141	89
3340 Del Sol Blvd #77	0.00mi	2/2.0	1,120 (-3%)	16mo	$120,000	$107	82

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: 35.1%
• Equity multiple: 2.43×
• Total profit: $55,510
• Equity at exit: $20,725

10-year hold

• IRR: 40.3%
• Equity multiple: 4.26×
• Total profit: $126,761
• Equity at exit: $12,018

Cash invested: $38,920 (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: 208
• Price-to-rent: 3.9×

Monthly cashflow live

• Estimated rent: $2,937 high
• Mortgage (P&I): −$729
• Tax est. 1.5%: −$174 /mo · $2,085/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$617
• Net cashflow: $1,360

Break-even live

Break-even rent $1,216

Max offer price $139,000

Occupancy floor 49%

Sensitivity live

Price	-10% $1,456	-5% $1,408	+0% $1,360	+5% $1,312	+10% $1,264
Rent	-10% $1,128	-5% $1,244	+0% $1,360	+5% $1,476	+10% $1,592
Rate	-1.0pp $1,430	-0.5pp $1,395	base $1,360	+0.5pp $1,324	+1.0pp $1,287

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: $34,750
• Closing costs: $4,170
• Reserves months: —
• Total cash needed: —

Rent comps 22 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3454 Del Sol Blvd Unit F San Diego, CA	2.0	1.0	800	$1,950	$2.44	18d	1	0.09mi
3624 Marzo St San Diego, CA	3.0	2.0	1330	$3,295	$2.48	20d	1	0.34mi
3590 Arey Dr San Diego, CA	3.0	2.0	1061	$3,995	$3.77	0d	1	0.36mi
813 Beyer Way San Diego, CA	3.0	2.5	1495	$3,500	$2.34	4d	1	0.38mi
3822 Enero Ct San Diego, CA	3.0	2.0	1012	$3,850	$3.80	11d	1	0.50mi
1515 Kenalan Dr San Diego, CA	3.0	2.0	1140	$3,500	$3.07	0d	1	0.74mi
3763 Via del Bardo San Ysidro, CA	3.0	2.5	1472	$4,200	$2.85	4d	1	0.76mi
1391 27th St San Diego, CA	1.0–2.0	1.0–2.0	700	$2,495	$3.56	0d	3	0.84mi
3509 Vista Ln San Ysidro, CA	2.0	1.0	722	$2,119	$2.93	0d	1	0.94mi
2683 Caulfield Dr San Diego, CA	3.0	2.0	1445	$3,995	$2.76	0d	1	0.97mi
879 W San Ysidro Blvd #6 San Ysidro, CA	2.0	2.0	729	$2,295	$3.15	3d	1	1.01mi
1587 Oro Vista Rd San Diego, CA	1.0–2.0	1.0–2.0	805	$2,495	$3.10	0d	3	1.12mi
3560 Sunset Ln #53 San Ysidro, CA	2.0	2.0	818	$2,350	$2.87	0d	1	1.16mi
1394 Oro Vista Rd San Diego, CA	2.0	2.0	1027	$2,772	$2.70	0d	3	1.19mi
1767 Oro Vista Rd San Diego, CA	2.0	1.5–2.0	815	$2,370	$2.91	0d	1	1.24mi
4483 Corona Borealis San Diego, CA	2.0	2.5	1400	$3,800	$2.71	16d	1	1.32mi
2367 Grove Ave San Diego, CA	1.0–2.0	1.0	741	$2,495	$3.36	3d	4	1.34mi
3875 Main St Chula Vista, CA	1.0–2.0	1.0–2.0	813	$2,950	$3.63	0d	9	1.38mi
1001 Outer Rd San Diego, CA	2.0	2.0	1000	$2,538	$2.54	3d	5	1.40mi
217 Date St Unit B Chula Vista, CA	3.0	2.5	1228	$3,500	$2.85	4d	1	1.41mi
1100 Dennery Rd San Diego, CA	1.0–3.0	1.0–2.0	975	$3,052	$3.13	0d	27	1.41mi
3865 Main St Chula Vista, CA	2.0	2.0	741	$2,950	$3.98	16d	1	1.46mi

Listing history 25 events

1. 2026-06-21
   days on market $139,000 Active 54 DOM
2. 2026-06-18
   days on market $139,000 Active 51 DOM
3. 2026-06-17
   days on market $139,000 Active 50 DOM
4. 2026-06-16
   days on market $139,000 Active 49 DOM
5. 2026-06-15
   days on market $139,000 Active 48 DOM
6. 2026-06-13
   days on market $139,000 Active 46 DOM
7. 2026-06-13
   days on market $139,000 Active 45 DOM
8. 2026-06-09
   days on market $139,000 Active 42 DOM
9. 2026-06-08
   days on market $139,000 Active 41 DOM
10. 2026-06-07
    days on market $139,000 Active 40 DOM
11. 2026-06-04
    days on market $139,000 Active 37 DOM
12. 2026-06-03
    days on market $139,000 Active 36 DOM
13. 2026-06-02
    days on market $139,000 Active 35 DOM
14. 2026-06-01
    days on market $139,000 Active 34 DOM
15. 2026-05-31
    days on market $139,000 Active 33 DOM
16. 2026-05-12
    price $139,000
17. 2026-04-28
    listed $149,750 Active
18. 2019-01-04
    soldstatus $49,000 Sold 528-char remark

    Show marketing remark (528 chars)

    MOTIVATED SELLER! Delightful extra clean 2bdrm, 2bath home waiting for your personal touch. Lg bricked patio area & fenced yard w/open space in rear, w/window coverings, built-ins, newer Maytag washer & dryer, Rheem Air Conditioner, copper pipe plumbing, & partially furnished so it is practically move-in ready. The skylights in the kitchen & baths help to brighten each day. Ocean Bluffs is a quiet, 55+ gated community with tree-lined paths, pool, clubhouse, & lots of resident activities. Priced to sell!

19. 2018-11-11
    status Pending 528-char remark

    Show marketing remark (528 chars)

    MOTIVATED SELLER! Delightful extra clean 2bdrm, 2bath home waiting for your personal touch. Lg bricked patio area & fenced yard w/open space in rear, w/window coverings, built-ins, newer Maytag washer & dryer, Rheem Air Conditioner, copper pipe plumbing, & partially furnished so it is practically move-in ready. The skylights in the kitchen & baths help to brighten each day. Ocean Bluffs is a quiet, 55+ gated community with tree-lined paths, pool, clubhouse, & lots of resident activities. Priced to sell!

20. 2018-11-01
    status Active 528-char remark

    Show marketing remark (528 chars)

    MOTIVATED SELLER! Delightful extra clean 2bdrm, 2bath home waiting for your personal touch. Lg bricked patio area & fenced yard w/open space in rear, w/window coverings, built-ins, newer Maytag washer & dryer, Rheem Air Conditioner, copper pipe plumbing, & partially furnished so it is practically move-in ready. The skylights in the kitchen & baths help to brighten each day. Ocean Bluffs is a quiet, 55+ gated community with tree-lined paths, pool, clubhouse, & lots of resident activities. Priced to sell!

21. 2018-10-13
    status Pending 528-char remark

    Show marketing remark (528 chars)

    MOTIVATED SELLER! Delightful extra clean 2bdrm, 2bath home waiting for your personal touch. Lg bricked patio area & fenced yard w/open space in rear, w/window coverings, built-ins, newer Maytag washer & dryer, Rheem Air Conditioner, copper pipe plumbing, & partially furnished so it is practically move-in ready. The skylights in the kitchen & baths help to brighten each day. Ocean Bluffs is a quiet, 55+ gated community with tree-lined paths, pool, clubhouse, & lots of resident activities. Priced to sell!

22. 2018-10-10
    price $48,750 528-char remark

    Show marketing remark (528 chars)

    MOTIVATED SELLER! Delightful extra clean 2bdrm, 2bath home waiting for your personal touch. Lg bricked patio area & fenced yard w/open space in rear, w/window coverings, built-ins, newer Maytag washer & dryer, Rheem Air Conditioner, copper pipe plumbing, & partially furnished so it is practically move-in ready. The skylights in the kitchen & baths help to brighten each day. Ocean Bluffs is a quiet, 55+ gated community with tree-lined paths, pool, clubhouse, & lots of resident activities. Priced to sell!

23. 2018-10-02
    price $63,750 528-char remark

    Show marketing remark (528 chars)

    MOTIVATED SELLER! Delightful extra clean 2bdrm, 2bath home waiting for your personal touch. Lg bricked patio area & fenced yard w/open space in rear, w/window coverings, built-ins, newer Maytag washer & dryer, Rheem Air Conditioner, copper pipe plumbing, & partially furnished so it is practically move-in ready. The skylights in the kitchen & baths help to brighten each day. Ocean Bluffs is a quiet, 55+ gated community with tree-lined paths, pool, clubhouse, & lots of resident activities. Priced to sell!

24. 2018-06-16
    price $68,750 528-char remark

    Show marketing remark (528 chars)

    MOTIVATED SELLER! Delightful extra clean 2bdrm, 2bath home waiting for your personal touch. Lg bricked patio area & fenced yard w/open space in rear, w/window coverings, built-ins, newer Maytag washer & dryer, Rheem Air Conditioner, copper pipe plumbing, & partially furnished so it is practically move-in ready. The skylights in the kitchen & baths help to brighten each day. Ocean Bluffs is a quiet, 55+ gated community with tree-lined paths, pool, clubhouse, & lots of resident activities. Priced to sell!

25. 2018-06-07
    listed $76,750 Active 528-char remark

    Show marketing remark (528 chars)

    MOTIVATED SELLER! Delightful extra clean 2bdrm, 2bath home waiting for your personal touch. Lg bricked patio area & fenced yard w/open space in rear, w/window coverings, built-ins, newer Maytag washer & dryer, Rheem Air Conditioner, copper pipe plumbing, & partially furnished so it is practically move-in ready. The skylights in the kitchen & baths help to brighten each day. Ocean Bluffs is a quiet, 55+ gated community with tree-lined paths, pool, clubhouse, & lots of resident activities. Priced to sell!

ⓘ 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: $35,244
• − Mortgage interest: −$7,786
• − Property taxes: −$2,085
• − Insurance: −$695
• − Repairs & maintenance: −$2,820
• − Management: −$2,820
• − Depreciation: −$4,044
• Taxable income: $14,995
• Est. tax owed @ 24.0%: −$3,599
• After-tax cash flow: $12,717/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.

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

+81.1% since first listed

10 events — show timeline

• 2026-05-12 Price Changed $139,000 SDMLS
• 2026-04-28 Listed $149,750 SDMLS
• 2019-01-04 Sold (MLS) $49,000 SDMLS
• 2018-11-11 Pending — SDMLS
• 2018-11-01 Relisted — SDMLS
• 2018-10-13 Pending — SDMLS
• 2018-10-10 Price Changed $48,750 SDMLS
• 2018-10-02 Price Changed $63,750 SDMLS
• 2018-06-16 Price Changed $68,750 SDMLS
• 2018-06-07 Listed $76,750 SDMLS

Property tax history

+3.0%/yr

Latest (2013): $233 · +4.3% YoY. Source: county tax records.