2068 Front St

2068 Front St

D

San Diego, CA 92101

$1,395,000
NEW — 3d on market

Soft Appraisal Value: $1,388,200 · 0.5% above estimate

Beds

4

Baths

4

Sqft

2,036

Year Built

2008

Days on Market

3

Property Type

Single Family

HOA/mo

N/A

MLS ID

260007684SD

View on MLS

Description

Stunning Victorian in the heart of Bankers Hill with bay, water, and city views from the upper level. Extensively rebuilt to the studs (2001), plumbing, electrical & framing while preserving hardwood floors, pocket doors & period detail. Corner R3-zoned lot offers strong potential for future multi-unit or ADU expansion (buyer to verify). Basement & garage spaces were previously unpermitted living areas; City required removal of plumbing & electrical use and discontinuation of occupancy. They may be permitted for future ADU use through the City (buyer to verify). City-installed soundproof windows via airport program. Approx $248K Airbnb income in 2024. Offered at $1.650,000 M — priced below market for fast sale. See MLS Docs for City violation details and remediation status. Per City of San Diego code review, basement and garage areas were identified as unpermitted habitable spaces and required to discontinue plumbing & electrical service. Buyer may pursue permitting to re-establish as ADUs or accessory units (subject to City approval). Soundproof windows installed via City airport program (verified). Extensive 2001 rebuild plumbing, electrical & framing upgrades. All supporting documentation, permits and City correspondence are uploaded to MLS under “Documents.” Contact listing agent for updated remediation status and income records.

Mortgage Calculator

Est. Monthly Payment

$8,856

Principal & Interest$7,054
Property Tax$1,395
Insurance$407
%($279,000)
%

Investment Score

6D
Est. Monthly Rent
$6,857
Monthly Cashflow

Rent − PITIA

$-1,999
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,738

Mortgage (P+I)
$7,054
Cap Rate
1.99%
Cash-on-Cash
-20.38%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.77
Break-even Rent
$13,011

NOI (Annual)
$27,785
Price-to-Rent

Lower = better for investors

17.0

* 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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