1850 Illion St

1850 Illion St

D

San Diego, CA 92110

$2,999,999

Soft Appraisal Value: $2,931,200 · 2.3% above estimate

Beds

4

Baths

3.5

Sqft

3,008

Year Built

2025

Days on Market

67

Property Type

Single Family

HOA/mo

N/A

MLS ID

260002192SD

View on MLS

Description

NEW CONSTRUCTION!! Beautiful Bay Park "Beach Chic" Home featuring panoramic views & warm, contemporary styling! Welcome to this stunning 3,008 sq. ft. residence that blends luxury, comfort, and spectacular views. Perched in a premier location, the expansive rooftop deck showcases sweeping vistas stretching from USD, Point Loma, the Bay and Ocean, all the way to Mount Soledad—an entertainer’s dream setting. The primary suite is a true retreat, featuring a spacious walk-in closet, sunset-centric patio, spa-like soaking tub, and an oversized shower. Upstairs, you’ll also find three additional bedrooms, including another with its own en-suite bath, plus a generous laundry room for convenience. At the heart of the home, the chef’s kitchen shines with an 48" Z-line cooktop and double oven with elegant gold accents. Built in double wide refrigerator, a walk-in pantry, crisp white cabinetry, wine fridge, and huge island with beautiful quartz counters—designed for both style and function. Accordion doors off the living and dining areas seamlessly blend the indoor and outdoor covered patio and private backyard. Thoughtful details throughout include soft close cabinets, wine fridge, epoxy garage floors, OWNED SOLAR, 10' high ceilings, and a spacious, open floor plan. This residence offers a rare combination of indoor-outdoor living, upscale amenities, and panoramic San Diego views—making it the perfect place to call home.

Mortgage Calculator

Est. Monthly Payment

$19,045

Principal & Interest$15,170
Property Tax$3,000
Insurance$875
%($600,000)
%

Investment Score

0D
Est. Monthly Rent
$7,963
Monthly Cashflow

Rent − PITIA

$-11,082
Full Cashflow

Incl. vacancy, PM, maint, capex

$-15,413

Mortgage (P+I)
$15,170
Cap Rate
-0.10%
Cash-on-Cash
-30.83%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.42
Break-even Rent
$27,980

NOI (Annual)
$-2,922
Price-to-Rent

Lower = better for investors

31.4

* 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.

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