Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

4263 Calle Mar De Ballenas San Diego, CA 92130

4 Beds 3 Baths 2,286 sqft Built 1999

$1,249,000

List Price

$4,180

$3.9K - $4.4K

Rent Est.

PROPERTY INFO

January 08, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1999
  • Price/Sqft : $546.37
  • 3 Days on Market
  • MLS # : 210000551
  • Updated Date : 01/08/2021 at 23:05
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,286 sqft
  • Baths : 2 full , 1 half
Listing Agent

Sun & Company Inc

Listing Agent's Description

Outstanding 4BD/2.5BA Carmel Valley home located in "The Sands" community at torrey hills. Open and bright floorplan. South facing, higher elevation. Quiet location and great privacy! Engineered hardwood throughout the house, kitchen features gorgeous slab granite countertops, center island, breakfast area & walk-in pantry. Spacious master bedroom w/ sitting area. Close to Torrey Hills parks/shops. Minutes from the beach, Qualcomm and UCSD. Award winning ocean air elementary and San Dieguito high schools.

SEE MORE

MARKET HIGHLIGHTS

  • As part of Southern California area, San Diego market inherits all the benefits from the area.
  • Southern California area contributes to 55.3% of California state economy i.e. Gross State Product (USMayors.org, 2018)
  • The area has major technology nodes of excellence: Los Angeles (Media and entertainment); Pasadena (High-tech engineering, data analytics); Riverside (Agtech, transportation/ distribution); San Diego (Healthcare, biotech, wireless communications); Irvine (Medtech, cyber security); El Segundo (Aerospace and defense IT, space transport) [BCG, 2018]
  • Southern California has 58.7% labor force participation rate; within this area, Los Angeles metro has 62.3% labor force participation rate (USMayors.org, 2018)
  • Southern California's economy is worth $1.58 trillion in Gross Metro Product and projected to grow to $1.67 trillion (USMayors.org, 2018)
  • Headquarters to several Fortune 500 companies: Amgen, Farmers Insurance, Walt Disney, Avery Dennison, Activision Blizzard, CBRE Group, Edison International, Molina Healthcare, First American Financial, Pacific Life, Qualcomm and Sempra Energy (Fortune, 2018)
  • Southern California produces more technology PhDs per year than any other region in the country and many of the higher educated students stay within Souther California contributing to readily available workforce skills making the area more attractive than Silicon Valley (BCG, 2018)

PRICE & RENT TRENDS

Neighborhood: Del Mar Mesa

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000k1100k1200kPrice in $233k1296k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Neighborhood: Del Mar Mesa

NeighborhoodNIR Market*CityMarket2010Year2000 Q42019 Q22000250030003500400045005000Rent in $16275309

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Ocean Air School Primary Regular 786 33 9
Carmel Valley Middle School Middle Regular 1,531 56 10
Torrey Pines High School High Regular 2,752 103 10

Ocean Air School

  • Education Level: Primary
  • # of students: 786
  • # of teachers: 33
9
GreatSchools Rating

Carmel Valley Middle School

  • Education Level: Middle
  • # of students: 1,531
  • # of teachers: 56
10
GreatSchools Rating

Torrey Pines High School

  • Education Level: High
  • # of students: 2,752
  • # of teachers: 103
10
GreatSchools Rating
 

$1,124,100$1,373,900$1,249,000

PURCHASE PRICE

$3,762$4,598$4,180

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $4,180
EXPENSES Loan Payment -$4,338
Property Tax -$1,204
Property Insurance -$85
HOA -$26
Property Management Fees -$129
CASH FLOW
-$1,602

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 13% of earned rent to cover both maintenance and periods of vacancy.

$1,249,000

PROJECTED PRICE

$4,180

PROJECTED RENT

0.33%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.65%
Appreciation Year (1-5) 5.2%
Maintenance Year (1-5) 8.00%
Vacancy 5.45%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$500k$1.0M$1.5M$2.0M$2.5M$3.0M$3.5M

PROJECTED ANNUAL CASH FLOW

11530-$20k-$10k$0.0$10k$20k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M$2.5M$3.0M$3.5M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$336,735

INVESTMENT

$336,735

Down Payment
$312,250
Rehab Estimate
$5,750
Closing Costs
$18,735

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$4,338

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $312,250
Loan Amount $936,750
See What Happens When You Reinvest Cash Flow

0.67

YEARS SAVED

$3,044

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $4,180

    LIST RENT
  • $1.83

    LIST RENT PER SQFT
  • $4,143

    COMP ESTIMATED VALUE
  • $1.81

    COMP AVG. RENT PER SQFT
Comps Range
$3,800
1$3,8002$4,1803$4,1954$4,2005$4,200
$4,200
RENT COMPS ANALYSIS
  • 4263 Calle Mar De Ballenas San Diego, CA 2
    • 4 beds 3 baths ∙ 2,286 Sqft ∙ Built 1999 4 beds 3 baths ∙ 2,286 Sqft ∙ Built 1999
    • Rent
    • Rent Per SQFT
    •  
    • $4,180
    • $1.83
    •  
  • 4288 Calle Mar De Ballenas San Diego, CA 1
    • 4 beds 3 baths ∙ 2,300 Sqft ∙ Built 1999 4 beds 3 baths ∙ 2,300 Sqft ∙ Built 1999
    LEASED 08/08/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,800
    • $1.65
    •  
  • 4114 Walnut Ridge San Diego, CA 3
    • 4 beds 3 baths ∙ 2,274 Sqft ∙ Built 2003 4 beds 3 baths ∙ 2,274 Sqft ∙ Built 2003
    LEASED 03/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,195
    • $1.84
    •  
  • 11337 E San Raphael Driveway San Diego, CA 4
    • 3 beds 3 baths ∙ 2,372 Sqft ∙ Built 2000 3 beds 3 baths ∙ 2,372 Sqft ∙ Built 2000
    LEASED 07/17/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,200
    • $1.77
    •  
  • 4148 Twilight Ridge San Diego, CA 5
    • 3 beds 3 baths ∙ 2,106 Sqft ∙ Built 2003 3 beds 3 baths ∙ 2,106 Sqft ∙ Built 2003
    LEASED 07/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,200
    • $1.99
    •  
PROPERTY LISTING DETAILS
Min Sun
1.858.436.5299
Sun & Company Inc
BESbswy