1251 Van Nuys St
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1251 Van Nuys St

Dbottom 20%

San Diego, CA 92109

$5,000,000
NEW — 1d
STR-eligible · San Diego Tier 3 · TOT 12.75%

One license per person in San Diego: whether you can hold it depends on you, not only the home.

89 licensed short-term rentals within ½ mile (58 whole home), from the cities' license and permit lists of Nov 13, 2026.

Pass at asking: -$30,903/mo full cashflow at 20% down, 7.36% rate.

Works at $956,159 (81% under asking); even all cash loses money at asking.

Rent $9,490/mo from 10 leases of condos & townhomes within 1 mi, size-adjusted ($8,580–$10,854).

Beds

6

Baths

4

Sqft

4,000

Year Built

2026

Days on Market

1

Property Type

Townhouse

HOA/mo

N/A

MLS ID

260021798SD

This property is in San Diego (92109). View neighborhood stats →

Virtual Tour

About This Property

Six-car attached garage. Residential elevator. Coastal living with room to breathe! This newly built luxury pairs a primary residence + ADU with features seldom found together in Pacific Beach. Approximately 4,000 square feet of living space. Expansive sliding glass doors and high ceilings create a bright indoor/outdoor experience, complemented by heated bathroom floors, Bosch appliances, induction cooking, custom cabinetry and waterfall-style quartz surfaces. Contemporary finishes continue with floor-to-ceiling tile, automated blinds, security features and fire sprinklers. The attached six-car garage offers extraordinary enclosed parking and storage plus electrical capability for plug-in/hybrid vehicles. Additional features include solar, smart security system, and heated flooring. A rare multi unit opportunity with potential income. Coastal view and view-oriented outdoor spaces complete a residence designed for buyers who value architecture, lifestyle and a serious garage capacity. This property can be sold in conjunction with an adjacent property at 1241-1243 Van Nuys St. See listing # 260021632

Mortgage Calculator

Est. Monthly Payment

$34,044

Principal & Interest$27,586
Property Tax$5,000
Insurance$1,458
%($1,000,000)
%
Loan Term

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

2 comps found

This Property

$9,490

vs

Comp Average

$6,494

Comps based on same zip code, similar beds (±1), price range (60-150%).

Investment Score

0D
Est. Monthly Rent
$9,490

10 leases of condos & townhomes within 1 mi, size-adjusted · $8,580–$10,854

Monthly Cashflow

Rent − PITIA

-$24,554
Full Cashflow

Incl. vacancy, PM, maint, capex

-$30,903

What would make this work?

$30,903/mo short at 20% down; +$40,134/mo rent closes it.

Break-even price

81% under asking

$956,159
Break-even rent

$40,134/mo above the estimate

$49,624/mo
Cashflow at 35% down
−$25,731/mo
Down payment to break even

Negative even all-cash

Not reachable
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$27,586
Cap Rate
-0.68%
Cash-on-Cash
-37.08%
DSCR

Need ≥ 1.25 for DSCR loan

0.28

NOI (Annual)
-$34,114
Price-to-Rent

Lower = better for investors

43.9

* 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.

Open Full Calculator
DCashflow−$30,903/mo