1188 Concord
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1188 Concord

D

San Diego, CA 92106

$2,395,000
NEW — 3d

Beds

3

Baths

2.5

Sqft

2,095

Year Built

1990

Days on Market

3

Property Type

Single Family

HOA/mo

N/A

MLS ID

260009959SD

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

About This Property

Perched at the top of one of Point Loma’s most coveted hillsides, 1188 Concord Street offers a rare blend of elevated design, panoramic views, and an unbeatable coastal lifestyle. Rebuilt in 2011 with quality craftsmanship and thoughtful upgrades throughout, the home spans approximately 2,095 square feet on a 5,696-square-foot lot and showcases premium appliances, refined finishes, and a highly functional layout. This two-level home features three bedrooms and two-and-a-half bathrooms, including an expansive primary suite that captures sweeping views of downtown San Diego. The retreat features a generous walk-in closet and a well-appointed ensuite bath. Two additional bedrooms are located on the main level, offering flexibility for guest rooms, a home office, or creative space. Designed to maximize its stunning surroundings, the home boasts breathtaking panoramic views of the downtown skyline and the rolling western hills, creating a serene and picturesque backdrop from multiple vantage points. The spacious backyard presents endless possibilities, ideal for a garden, pool, or personalized outdoor oasis, while an existing spa offers the perfect place to unwind. Situated on a quiet street, the property includes a one-car garage with additional street parking. Located just moments from the bay, the San Diego Yacht Club, and Point Loma Nazarene University. Enjoy easy access to local dining, shopping, beaches, and coastal trails, all while being just minutes from downtown San Diego and San Diego International Airport. Extensively Remodeled in 2011.

Mortgage Calculator

Est. Monthly Payment

$15,204

Principal & Interest$12,110
Property Tax$2,395
Insurance$699
%($479,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$4,745
Monthly Cashflow

Rent − PITIA

$-10,459
Full Cashflow

Incl. vacancy, PM, maint, capex

$-13,547

Mortgage (P+I)
$12,110
Cap Rate
-0.72%
Cash-on-Cash
-33.94%
DSCR

Need ≥ 1.25 for DSCR loan

0.31
Break-even Rent
$22,338

NOI (Annual)
$-17,234
Price-to-Rent

Lower = better for investors

42.1

* 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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