1010 Myrtle Way

1010 Myrtle Way

D

San Diego, CA 92103

$5,000,000

Beds

7

Baths

8

Sqft

6,309

Year Built

1940

Days on Market

269

Property Type

Single Family

HOA/mo

N/A

MLS ID

250033066SD

Description

After four decades, the Walton Estate is hitting the market! This is a rare opportunity to own 1.3 acres in Hillcrest / Marston Hills if you purchase both parcels together—1010 and 1034 Myrtle Way. 1010 Myrtle sits on .7 acres and offers a piece of San Diego history that rarely comes up for sale. The main home is generous—seven bedrooms, eight baths, each with its own en suite, nearly 6,300 square feet of living space. The bar room is the original 1,000 square feet of the house where everything began. The current primary suite has a private garden and could be converted to an ADU if you’re looking for flexible space. Out back, you’ll find a pool and grotto inspired by Bill and Lori Walton’s travels to Australia, surrounded by mature landscaping and private paths that weave through waterfalls and a 100 year old Tipowana tree. This home is real, lived in and loved. Layers of life, gatherings, music, and memory fill these walls. The property is quiet, with space to roam and room to grow, just minutes from Balboa Park and the Zoo. This is a rare chance to take something with so much history and make it your own.

Mortgage Calculator

Est. Monthly Payment

$31,741

Principal & Interest$25,283
Property Tax$5,000
Insurance$1,458
%($1,000,000)
%

Investment Score

0D
Est. Monthly Rent
$5,607
Monthly Cashflow

Rent − PITIA

$-26,134
Full Cashflow

Incl. vacancy, PM, maint, capex

$-31,590

Mortgage (P+I)
$25,283
Cap Rate
-1.51%
Cash-on-Cash
-37.91%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.18
Break-even Rent
$46,633

NOI (Annual)
$-75,687
Price-to-Rent

Lower = better for investors

74.3

* Defaults: 20% down, 6.5% rate, 30yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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