1414 Franciscan Way

1414 Franciscan Way

D

San Diego, CA 92116

$2,790,000

Beds

5

Baths

3.5

Sqft

3,826

Year Built

2006

Days on Market

38

Property Type

Single Family

HOA/mo

N/A

MLS ID

PTP2600657

Description

Discover a furnished, hidden gem perched on the cliffs of the highly sought-after University Heights—a vertical luxury that redefines the concept of an entertainer’s paradise. A highly desirable, secure home with strong defenses and excellent potential for further fortification. With floor-to-ceiling panoramic views from every level, this home is a rare treasure in a market where such unobstructed vistas are a true luxury. From the street, it may appear modest, but step inside, and you’ll be captivated by the expansive views and the impressive scale of the property as it descends three stories into the cliffside. Extensively remodeled with high-end finishes, this residence boasts top-of-the-line upgrades, including professional-grade appliances, a wine cellar, a dry-age meat locker, a full solar system with battery backup, and a new roof and a new split-level AC system in each room. The master suite is a retreat unto itself, featuring sweeping views, a private balcony, and a spa-like bathroom with custom walk-in closets. Four outdoor living spaces spread across three levels make this home an entertainer’s dream, complete with a new California Spa. The lower level offers a self-contained 700 sq. ft. suite, complete with an exterior entrance a kitchen, and a spacious deck, accessible both internally and externally. This versatile space presents excellent income potential or could serve as the perfect game room and home theater. This listing is a rare find and won’t be on the market for long. Be sure to review the full list of upgrades to truly appreciate the craftsmanship and luxury that define this exceptional home. The seller will entertain including partial furnishings. Large backyard to develop, room for your own pickleball court if allowed!

Mortgage Calculator

Est. Monthly Payment

$17,712

Principal & Interest$14,108
Property Tax$2,790
Insurance$814
%($558,000)
%

Investment Score

0D
Est. Monthly Rent

Market Rent Estimate

$7,559
Monthly Cashflow

Rent − PITI − HOA

$-10,153
Full Cashflow

Incl. vacancy, PM, maint, capex

$-14,216

Mortgage (P+I)
$14,108
Cap Rate
-0.05%
Cash-on-Cash
-21.83%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.54
Break-even Rent
$17,712

NOI (Annual)
$-1,303
Price-to-Rent

Lower = better for investors

30.8

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

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