1845 Thomas Ave
1 / 20

1845 Thomas Ave

C

San Diego, CA 92109

$2,195,000
NEW — 0d

Soft Appraisal Value: $2,111,500 · 4.0% above estimate

Beds

5

Baths

3

Sqft

2,098

Year Built

1959

Days on Market

0

Property Type

Single Family

HOA/mo

N/A

MLS ID

PTP2605154

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

Virtual Tour

About This Property

Tucked between the Pacific Ocean and Mission Bay, this fully remodeled craftsman cottage on Thomas Avenue delivers optimal Pacific Beach living. The three-bedroom main residence is paired with a remodeled two-bedroom, one-bath ADU, behind a white picket fence beneath towering palms. Inside, white oak-toned flooring runs throughout the light-filled living area, anchored by a stone-tiled fireplace and framed by oversized windows. The kitchen offers white shaker cabinetry, a walnut-toned quartz-topped peninsula, counter-to-ceiling backsplash, glass pendant lighting, and a new stainless appliance suite, opening to your spacious dining room. The primary suite is a classic retreat with a reeded wood vanity, quartz counters, and a frameless glass shower fitted with a built-in bench, niche, and zellige tile surround. A second bath carries its own identity, pairing blush floral wallpaper with matching-toned flooring and brass hardware for a chic touch. Out back, the detached ADU includes a kitchen with white shaker cabinetry and dark quartz countertops, flowing seamlessly into a living area, plus a bath appointed with a fluted vanity and glass corner shower — ideal for guests or a perfect rental. A brick-lined courtyard is perfect for enjoying the perfect weather San Diego is known for year round. Just blocks from the sand, the bay, the boardwalk, and Pacific Beach's best dining and shopping, this rare lot delivers the ultimate San Diego beach lifestyle.

Mortgage Calculator

Est. Monthly Payment

$13,934

Principal & Interest$11,099
Property Tax$2,195
Insurance$640
%($439,000)
%

Location

Loading map...

Investment Score

0D
Est. Monthly Rent
$3,783
Monthly Cashflow

Rent − PITIA

$-10,151
Full Cashflow

Incl. vacancy, PM, maint, capex

$-12,850

Mortgage (P+I)
$11,099
Cap Rate
-0.96%
Cash-on-Cash
-35.13%
DSCR

Need ≥ 1.25 for DSCR loan

0.27
Break-even Rent
$20,472

NOI (Annual)
$-21,015
Price-to-Rent

Lower = better for investors

48.4

* 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.

Get Expert AnalysisOpen Full Calculator