1550 Morenci St
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1550 Morenci St

D

San Diego, CA 92110

$2,295,000

Soft Appraisal Value: $2,245,300 · 2.2% above estimate

Beds

5

Baths

4

Sqft

3,838

Year Built

2003

Days on Market

50

Property Type

Single Family

HOA/mo

N/A

MLS ID

260004610SD

This property is in San Diego (92110). View neighborhood stats →

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About This Property

INCREDIBLE VALUE IN BAY PARK! Discover elevated coastal living at 1550 Morenci Street, a thoughtfully reimagined custom residence just moments from all the dining, shopping, and charm Bay Park has to offer and the outdoor beauty of Mission Bay. This stunning 5 bedroom, 4 bathroom home blends modern sophistication with everyday comfort in a truly prime location. Inside, expansive open-concept living spaces are accented by refined finishes and designer details throughout. The chef’s kitchen is a showpiece, featuring bespoke cabinetry, premium countertops, and high-end appliances ideal for entertaining or relaxed gatherings at home. The serene primary suite serves as a private retreat, complete with a spa-inspired bathroom and a peek-a-boo water view. Step outside to a resort-style backyard highlighted by a smart, fully automated pool completed in 2021, offering effortless enjoyment year-round. With 23 fully owned solar panels, energy efficiency meets peace of mind. Perfectly positioned near Mission Bay, parks, and endless recreational opportunities, this exceptional home delivers luxury, lifestyle, and convenience in one of San Diego’s most desirable neighborhoods.

Mortgage Calculator

Est. Monthly Payment

$14,569

Principal & Interest$11,605
Property Tax$2,295
Insurance$669
%($459,000)
%

Location

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Investment Score

7D
Est. Monthly Rent
$7,995
Monthly Cashflow

Rent − PITIA

$-6,574
Full Cashflow

Incl. vacancy, PM, maint, capex

$-10,325

Mortgage (P+I)
$11,605
Cap Rate
0.67%
Cash-on-Cash
-26.99%
DSCR

Need ≥ 1.25 for DSCR loan

0.55
Break-even Rent
$21,404

NOI (Annual)
$15,356
Price-to-Rent

Lower = better for investors

23.9

* 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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