2124 Historic Decatur Rd

2124 Historic Decatur Rd

D

San Diego, CA 92106

$2,099,000

Soft Appraisal Value: $2,042,300 · 2.8% above estimate

Beds

3

Baths

3

Sqft

1,931

Year Built

2004

Days on Market

15

Property Type

Single Family

HOA/mo

$165

MLS ID

NDP2602532

View on MLS

Description

Beautifully remodeled Beacons Point in Liberty Station offers the perfect blend of modern finishes, functional layout, and charming Point Loma living. The open-concept floor plan seamlessly connects the living, dining, and kitchen areas—ideal for entertaining and everyday living. The beautifully renovated kitchen showcases quartz countertops and stainless steel appliances, all complemented by new flooring and designer fixtures, as well as updated bathrooms with contemporary finishes. Upstairs, the primary suite is a true spa-like retreat, complete with a soaking tub, glass-enclosed walk-in shower, dual walk-in closets, and a retreat area with Juliet balcony. A secondary upstairs bedroom and a convenient laundry room add to the home’s thoughtful layout. Downstairs bedroom offers a French door connection to the front patio, creating a unique indoor/outdoor flow for the downstairs living. Outdoor spaces shine with an entertainer’s courtyard featuring Trex decking and a gas fire pit, while the expanded front patio offers additional room to relax and enjoy the charm of Beacons Point. Additional features include a tankless water heater, and a 2-car garage with epoxy flooring and overhead storage racks. Ideally located in the heart of Liberty Station, just moments from parks, waterfront paths, top dining, shopping, Trader Joe’s, and Vons—this home captures the very best of Point Loma living.

Mortgage Calculator

Est. Monthly Payment

$13,490

Principal & Interest$10,614
Property Tax$2,099
Insurance$612
HOA$165
%($419,800)
%

Investment Score

0D
Est. Monthly Rent
$5,435
Monthly Cashflow

Rent − PITIA

$-8,055
Full Cashflow

Incl. vacancy, PM, maint, capex

$-11,054

Mortgage (P+I)
$10,614
Cap Rate
-0.25%
Cash-on-Cash
-31.60%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.40
Break-even Rent
$19,791

NOI (Annual)
$-5,283
Price-to-Rent

Lower = better for investors

32.2

* 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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