1092 Evergreen Street
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1092 Evergreen Street

D

San Diego, CA 92106

$3,900,000
NEW — 0d

Beds

4

Baths

3.5

Sqft

3,329

Year Built

2023

Days on Market

0

Property Type

Single Family

HOA/mo

N/A

MLS ID

260009710SD

This property is in San Diego (92106). View neighborhood stats →

About This Property

Perched high above San Diego Bay in the coveted Point Loma community, 1092 Evergreen Street is a custom three-level residence where panoramic views and thoughtful craftsmanship meet at every turn. Arriving at dusk, the home glows. Illuminated stone stairs lead up through tropical plantings to a pair of custom wrought-iron doors that open into soaring 12-foot coffered ceilings and rich, solid teak floors that run throughout all three levels. The main floor unfolds in generous, open layout. A stately fireplace with wrap-around hearth anchors the living room, while a hidden bookcase beneath the stairs reveals a lighted walk-in storage room finished in teak. Step onto the expansive front balcony, and the city stretches out before you. At the heart of the home, a custom gourmet kitchen. An extra-wide Sub-Zero, built-in refrigerator, double Bosch ovens, and a 5-burner gas cooktop anchor ash custom cabinetry topped in Silestone. A 9-by-5-foot island with a beverage refrigerator, microwave, and prep sink invites gathering, while a walk-in pantry with a hidden door conceals even more storage. Upstairs, the master suite is a true retreat featuring coffered ceilings, a walkable balcony with ALX waterproofing, and a freestanding jacuzzi tub positioned to capture extraordinary views of the Bay, Downtown, the Coronado Bridge, and the Coronado Islands. Additional guest bedrooms offer versatility, including a flexible guest suite with a built-in fireplace and wet bar. The crown jewel of this home is the 900-square-foot upper observation deck. With 270-degree unobstructed views spanning Downtown San Diego, the Pacific, Mexico, and Point Loma, it is a rare entertaining space equipped with a built-in gas line, a sink with hot and cold water, a refrigerator, and premier front-row seating for every 4th of July fireworks show on the Bay. An elevator serves all primary levels. A split-level en suite is accessed by its own back staircase with a chairlift. Below, an approximately 900-square-foot finished garage is plumbed and climate-controlled. Outside, a producing orchard offers avocado, citrus, stone fruits, grapes, and berries, while a water-conserving landscape, hardwired security system with 8 cameras, full fire suppression sprinklers, and ALX Premium waterproofing throughout, complete this extraordinary offering. Walkable to the Village, Shelter Island, Kellogg Beach, marinas, and Bay trails, this is Point Loma living at its most refined. Broker and Broker Agents do not represent or guarantee the accuracy of the square footage, permitted or unpermitted space, bd/ba count, lot size/dimensions, schools, or other information concerning the conditions or features of the property. Buyer is advised to independently verify the accuracy of all information through personal inspection & with appropriate professionals to satisfy themselves.

Mortgage Calculator

Est. Monthly Payment

$24,758

Principal & Interest$19,721
Property Tax$3,900
Insurance$1,137
%($780,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$6,493
Monthly Cashflow

Rent − PITIA

$-18,265
Full Cashflow

Incl. vacancy, PM, maint, capex

$-23,008

Mortgage (P+I)
$19,721
Cap Rate
-1.01%
Cash-on-Cash
-35.40%
DSCR

Need ≥ 1.25 for DSCR loan

0.26
Break-even Rent
$36,373

NOI (Annual)
$-39,449
Price-to-Rent

Lower = better for investors

50.1

* 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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