
1050 Chalcedony Street
Ctop 80%San Diego, CA 92109
One license per person in San Diego: whether you can hold it depends on you, not only the home.
This parcel holds a short-term rental license: Tier 2 (home share), through Apr 2027. It doesn’t transfer: a buyer applies for their own.
486 licensed short-term rentals within ½ mile (412 whole home), from the cities' license and permit lists of Nov 14, 2026.
Pass at asking: -$12,325/mo full cashflow at 20% down, 7.36% rate.
Works at $682,216 (70% under asking), or at 98% down.
Rent $6,771/mo from 11 leases of 3-bed houses within 1 mi ($5,678–$7,573).
Beds
3
Baths
2
Sqft
1,612
Year Built
1955
Days on Market
1
Property Type
Single Family
HOA/mo
N/A
MLS ID
260027044SD
This property is in San Diego (92109). View neighborhood stats →
About This Property
Just over 3 blocks to Law Street Beach and a short walk more to Tourmaline Surfing Park! This 3BD/2BA North PB home sits on a full 5,600 sq ft lot with alley access and is currently set up as a 2BD/1BA main residence plus a private, attached 1BD/1BA Airbnb suite grossing up to $60K a year! The main residence has a bright, open floor plan, central AC/heat, and a large eat-in chef's kitchen with plenty of island seating and RO water filtration. The 1BR/1BA suite is entirely private, with a designer living area, kitchenette, and a two-person shower. French doors open from its bedroom and living area onto a garden paver patio with gas fire pit that guests rave about. Live in one space and rent the other, host extended family, or restore the original opening between the two spaces and use the whole home. Parking includes an oversized 1-car garage, plus 2 gated off-street spaces off the alley, one covered and one with an automated gate. Heated bathroom floors, 18 owned solar panels, and new roofs and exterior paint in 2026. Off the beaten path but yet just blocks to the beach, restaurants, shops and evenings out on the town. This is the coastal lifestyle you've been waiting for - the ultimate in livability, walkability and flexibility at the beach!
Mortgage Calculator
Est. Monthly Payment
$15,626
Location
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Zoned Schools
Elementary
Pacific Beach Elementary · grades PK-5 · San Diego Unified
Middle
Pacific Beach Middle · grades 6-8 · San Diego Unified
High
Mission Bay High · grades 9-12 · San Diego Unified
The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.
Comparable Properties
5 comps foundThis Property
$6,771
Comp Average
$6,542
1414 Missouri Street
4bd / 2ba · 1,820 sqft · Single Family
$1.79M
Est. $7,271/mo
3951 Sequoia Street
3bd / 2.5ba · 1,792 sqft · Single Family
$2.00M
Est. $6,696/mo
3756 Promontory St
3bd / 2ba · 1,613 sqft · Single Family
$2.00M
Est. $6,643/mo
5157 Foothill Blvd
3bd / 2ba · 1,388 sqft · Single Family
$2.10M
Est. $5,552/mo
749 Zanzibar Ct
3bd / 3ba · 1,544 sqft · Single Family
$2.75M
Est. $6,549/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
11 leases of 3-bed houses within 1 mi · $5,678–$7,573
Blended 50/50 with the zip's market median ($6,619)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$12,325/mo short at 20% down; 98% down or +$16,006/mo rent closes it.
- Break-even price
- $682,216
- Break-even rent
- $22,777/mo
- Cashflow at 35% down
- −$9,951/mo
- Down payment to break even
- 98%
- Rate to break even
- Not reachable
70% under asking
$16,006/mo above the estimate
$2,249,100 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.36% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.
Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.
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