2274 Rosecrans
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2274 Rosecrans

D

San Diego, CA 92106

$3,500,000

Soft Appraisal Value: $3,500,100 · 0.0% below estimate

Beds

7

Baths

4.5

Sqft

5,859

Year Built

1917

Days on Market

8

Property Type

Single Family

HOA/mo

N/A

MLS ID

260011519SD

This property is in San Diego (92106). View neighborhood stats →

About This Property

Set behind maturing landscaping and timeless architectural lines, this extraordinary Craftsman estate offers a rare opportunity to own a distinctive piece of Point Loma history. Rich with original character and thoughtfully updated for modern living, the residence showcases dramatic wood-beamed ceilings, original hardwood floors, gourmet kitchen and expansive living spaces filled with natural light. Elegant fireplaces, detailed millwork, and multiple sunrooms create warmth, architectural charm, and flexibility throughout the home. Designed for both elevated entertaining and everyday comfort, the property features a dedicated media room with a 100-inch television, creating the ideal cinematic experience, A speakeasy-inspired lounge and a private study provides an ideal space for executive-level productivity. The detached carriage house offers additional versatility for guests, extended stays, a private studio, office, or potential income-producing use. The property’s generous layout and indoor-outdoor flow create an environment equally suited for luxury daily living and entertaining. Located near Liberty Station, yacht clubs, waterfront dining, San Diego Bay, and coastal attractions, the home blends historic architecture with one of San Diego’s most desirable lifestyles. The property may qualify for Mills Act property tax savings and will also benefit from substantial Quieter Home Program improvements, including upgraded historically appropriate windows and doors designed to enhance comfort while preserving the integrity of the home’s original architecture. Extensively renovated by John Bradford Inc. (CA Lic. #1068625), this historic 1917 Craftsman residence underwent a comprehensive interior and exterior restoration designed to elevate the property to modern luxury standards while preserving select original architectural character elements. Improvements include extensive demolition and site preparation, upgraded plumbing systems with new supply and drain lines, new fixtures throughout, laundry hookups, and installation of a high-efficiency water heater. Electrical improvements include rewiring and modernization as needed for current code compliance, upgraded outlets and switches with GFCI/AFCI protection, recessed lighting, designer fixtures, accent lighting, dedicated appliance circuits, and exterior landscape lighting enhancements. Original hardwood flooring was carefully protected and professionally refinished with updated stain and sealing, while select bedroom areas received new premium carpet and padding. The redesigned kitchen features custom or semi-custom cabinetry, quartz or natural stone countertops, full tile backsplash installation, upgraded sink and faucet, pantry construction with custom shelving, and a high-end appliance package including range, oven, refrigerator, dishwasher, and hood vent. All bathrooms were extensively remodeled with new showers and tubs, waterproofing systems, tile flooring and walls, glass shower enclosures, updated vanities, mirrors, lighting, plumbing fixtures, and ventilation systems. Interior improvements also include repaired drywall, new texture, fresh interior paint, updated trim, baseboards, doors, and hardware throughout. Exterior enhancements include surface preparation and repainting, upgraded exterior elements, concrete and hardscape improvements to walkways and patio areas, refreshed landscaping with irrigation improvements, new planting, sod and decorative accents, plus additional outdoor lighting integration. The home also features multiple sunrooms, a private study/library office, a dedicated media room with a 100-inch television, and a speakeasy-inspired lounge space designed for entertaining. The detached carriage house above the garage offers additional flexible-use living or workspace potential. The property has received full approval through the Quieter Home Program (QHP), including historically appropriate upgraded windows and doors, with installation pen...

Mortgage Calculator

Est. Monthly Payment

$22,219

Principal & Interest$17,698
Property Tax$3,500
Insurance$1,021
%($700,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$6,095
Monthly Cashflow

Rent − PITIA

$-16,124
Full Cashflow

Incl. vacancy, PM, maint, capex

$-20,442

Mortgage (P+I)
$17,698
Cap Rate
-0.94%
Cash-on-Cash
-35.04%
DSCR

Need ≥ 1.25 for DSCR loan

0.27
Break-even Rent
$32,644

NOI (Annual)
$-32,934
Price-to-Rent

Lower = better for investors

47.9

* 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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