
2164 Tokalon Street
Dbottom 20%San Diego, CA 92110
One license per person in San Diego: whether you can hold it depends on you, not only the home.
32 licensed short-term rentals within ½ mile (17 whole home), from the cities' license and permit lists of Nov 2, 2026.
Pass at asking: -$16,101/mo full cashflow at 20% down, 7.49% rate.
Works at $747,622 (74% under asking); even all cash loses money at asking.
Rent $7,489/mo from 8 leases of 4–6 bed houses within 2 mi ($7,398–$9,062).
Beds
5
Baths
3
Sqft
3,272
Year Built
1970
Days on Market
45
Property Type
Single Family
HOA/mo
N/A
MLS ID
PTP2607073
This property is in San Diego (92110). View neighborhood stats →
About This Property
Dramatic bay, ocean, and city views from nearly every room in the house. This hilltop masterpiece offers a prime location and an unforgettable setting in highly coveted Bay Park. Positioned on one of the neighborhood’s peak vantage points along an unusually wide, peaceful stretch of Tokalon Street with no through traffic, this impeccably cared-for home has a presence from the moment you arrive. Open the front door, and the view takes over: a sweeping west-facing, 180-degree panorama across Mission Bay to the Pacific Ocean, Point Loma, Mount Soledad, and the San Diego coastline, complete with sunsets and SeaWorld fireworks over the bay. Designed to create a true indoor-outdoor living experience, the home features multi-panel sliding glass doors that open the living room directly onto a spacious main deck, with room to gather, dine, or unwind beside the fire pit, in-ground spa, and water feature. Manicured privacy hedges enhance the sense of seclusion, while a sheltered front courtyard with a privacy wall and double-gated entrance, plus a separate side yard, offers additional places to entertain or retreat. Inside, the updated kitchen features premium appliances, a convection oven, and a separate island prep sink. Hardwood floors and a gas fireplace add warmth, while dual-pane windows, skylights, and solar tubes fill the interior with natural light. Improvements include central air and furnace, water heater, appliances, and solar. The property extends well down the rear hillside, creating a buffer below the home and offering possibilities for future use or expansion. For all its privacy and peacefulness, the location keeps you close to Mission Bay, the beaches, Downtown, the airport, and major freeways while maintaining convenient accessibility. Photos and video offer a glimpse, but the scale of the outlook and the feeling of being here deserve to be experienced in person.
Mortgage Calculator
Est. Monthly Payment
$19,505
Location
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Zoned Schools
Elementary
Bay Park Elementary · grades K-5 · San Diego Unified
Middle
Marston Middle · grades 6-8 · San Diego Unified
High
Clairemont High · grades 9-12 · San Diego Unified
The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.
Comparable Properties
5 comps foundThis Property
$7,489
Comp Average
$7,376
2128 Galveston
6bd / 3ba · 3,150 sqft · Single Family
$1.98M
Est. $7,898/mo
2861 Burgener
5bd / 4.5ba · 2,788 sqft · Single Family
$2.45M
Est. $7,018/mo
1850 Illion St
4bd / 3.5ba · 3,008 sqft · Single Family
$2.85M
Est. $7,854/mo
3815 Henry Street
4bd / 4ba · 2,817 sqft · Single Family
$2.69M
Est. $7,221/mo
4930 September St
4bd / 3.5ba · 2,872 sqft · Single Family
$3.50M
Est. $6,891/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
8 leases of 4–6 bed houses within 2 mi · $7,398–$9,062
Blended 50/50 with a property-level estimate
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$16,101/mo short at 20% down; +$20,910/mo rent closes it.
- Break-even price
- $747,622
- Break-even rent
- $28,399/mo
- Cashflow at 35% down
- −$13,130/mo
- Down payment to break even
- Not reachable
- Rate to break even
- Not reachable
74% under asking
$20,910/mo above the estimate
Negative even all-cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.49% 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.
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