1896 Lyndon
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1896 Lyndon

Dbottom 20%

San Diego, CA 92103

$3,649,000
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.

83 licensed short-term rentals within ½ mile (52 whole home), from the cities' license and permit lists of Nov 11, 2026.

Pass at asking: -$21,966/mo full cashflow at 20% down, 7.43% rate.

Works at $789,023 (78% under asking); even all cash loses money at asking.

Rent $7,870/mo from 15 leases of 3–5 bed houses within 1 mi, same school area ($7,512–$9,163).

Beds

4

Baths

4

Sqft

3,181

Year Built

1940

Days on Market

96

Property Type

Single Family

HOA/mo

N/A

MLS ID

260019305SD

This property is in San Diego (92103). View neighborhood stats →

Virtual Tour

About This Property

This exceptional Prairie-inspired Craftsman has been meticulously restored and comprehensively reimagined. The home has been extensively renovated and redesigned, seamlessly blending architectural character with the comfort, functionality, and craftsmanship of modern luxury. The thoughtfully reconfigured four-bedroom, four-bath floor plan is exceptionally rare, featuring two primary suites and ensuite bathroom access from every bedroom. Restored hardwood floors, custom millwork, abundant natural light, and carefully preserved architectural details create a timeless backdrop. The beautifully designed kitchen wraps naturally around a custom breakfast nook before opening directly onto an expansive terraced patio, creating effortless indoor-outdoor living. Premium finishes include quartzite countertops, full-height stone accents, a La Cornue range, panel-ready Sub-Zero refrigerator, Bosch dishwasher, and custom cabinetry. The spa-inspired primary bath offers a steam shower, soaking tub, dual shower heads, a private Toto Washlet, and custom California Closets walk-in wardrobe. A bonus studio with custom cabinetry, dry bar, mini refrigerator, and ice bin provides flexibility as a home office, fitness studio, guest retreat, media lounge, or future ADU. Additional infrastructure improvements include new HVAC, upgraded electrical systems, updated plumbing in all renovated baths, new drywall, foundation reinforcement, tankless water heater, designer lighting, and more. A welcoming front porch and private sunset-facing patio complete this unique turnkey offering in Mission Hills. This exceptional Prairie-inspired Craftsman has been meticulously restored and comprehensively reimagined. The home has been extensively renovated and redesigned, seamlessly blending architectural character with the comfort, functionality, and craftsmanship of modern luxury. The thoughtfully reconfigured four-bedroom, four-bath floor plan is exceptionally rare, featuring two primary suites and ensuite bathroom access from every bedroom. Restored hardwood floors, custom millwork, abundant natural light, and carefully preserved architectural details create a timeless backdrop. The beautifully designed kitchen wraps naturally around a custom breakfast nook before opening directly onto an expansive terraced patio, creating effortless indoor-outdoor living. Premium finishes include quartzite countertops, full-height stone accents, a La Cornue range, panel-ready Sub-Zero refrigerator, Bosch dishwasher, and custom cabinetry. The spa-inspired primary bath offers a steam shower, soaking tub, dual shower heads, a private Toto Washlet, and custom California Closets walk-in wardrobe. A bonus studio with custom cabinetry, dry bar, mini refrigerator, and ice bin provides flexibility as a home office, fitness studio, guest retreat, media lounge, or future ADU. Additional infrastructure improvements include new HVAC, upgraded electrical systems, updated plumbing in all renovated baths, new drywall, foundation reinforcement, tankless water heater, designer lighting, and more. A welcoming front porch and private sunset-facing patio complete this unique turnkey offering in Mission Hills.

Mortgage Calculator

Est. Monthly Payment

$24,985

Principal & Interest$20,272
Property Tax$3,649
Insurance$1,064
%($729,800)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Grant K-8 · grades K-8 · San Diego Unified

  • Middle

    Correia Middle · grades 7-8 · San Diego Unified

    or Roosevelt International Middle · grades 6-8 · San Diego Unified

    Choice area: the district lets families here pick either school.

  • High

    San Diego High · grades 9-12 · San Diego Unified

    or Point Loma High · grades 9-12 · San Diego Unified

    Choice area: the district lets families here pick either school.

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Investment Score

0D
Est. Monthly Rent
$7,870

15 leases of 3–5 bed houses within 1 mi, same school area · $7,512–$9,163

Blended 50/50 with the zip's market median ($7,418)

Monthly Cashflow

Rent − PITIA

-$17,115
Full Cashflow

Incl. vacancy, PM, maint, capex

-$21,966

What would make this work?

$21,966/mo short at 20% down; +$28,527/mo rent closes it.

Break-even price

78% under asking

$789,023
Break-even rent

$28,527/mo above the estimate

$36,397/mo
Cashflow at 35% down
−$18,165/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)
$20,272
Cap Rate
-0.43%
Cash-on-Cash
-36.12%
DSCR

Need ≥ 1.25 for DSCR loan

0.31

NOI (Annual)
-$15,605
Price-to-Rent

Lower = better for investors

38.6

* Modelled at 20% down, 7.43% 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−$21,966/mo