2402 Alto Cerro Circle
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2402 Alto Cerro Circle

D

San Diego, CA 92109

$3,695,000
NEW — 6d

Beds

3

Baths

3.5

Sqft

2,537

Year Built

1975

Days on Market

6

Property Type

Single Family

HOA/mo

N/A

MLS ID

260011911SD

This property is in San Diego (92109). View neighborhood stats →

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About This Property

Incredible ocean and bay views define this stunning, updated, and highly sought after single level Mid Century Modern residence designed by William Krisel and Dan Palmer. Ideally positioned in a super prime North Pacific Beach location on a rare flat 10,000 square foot lot, the home captures breathtaking panoramic bay, ocean, and sparkling city light views. Showcasing timeless architectural pedigree with a refreshed modern vibe, the residence is flooded with natural light through dramatic walls of glass, oversized windows, and multiple skylights, creating the ultimate indoor outdoor coastal lifestyle. The resort style backyard features a sparkling pool, Baja deck, attached spa, and unforgettable sunset views over the Pacific. The stylish primary retreat offers a private lounge/library area, dual walk in closets, and a spa inspired bath. Approved plans, subject to final permits, contemplate enclosing the California room to increase the total square footage to approximately 3,614 square feet. Additional ADU potential offers exceptional flexibility, future upside, and rare value in one of North Pacific Beach’s most coveted view locations.

Mortgage Calculator

Est. Monthly Payment

$23,457

Principal & Interest$18,684
Property Tax$3,695
Insurance$1,078
%($739,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$7,033
Monthly Cashflow

Rent − PITIA

$-16,424
Full Cashflow

Incl. vacancy, PM, maint, capex

$-21,121

Mortgage (P+I)
$18,684
Cap Rate
-0.79%
Cash-on-Cash
-34.30%
DSCR

Need ≥ 1.25 for DSCR loan

0.30
Break-even Rent
$34,462

NOI (Annual)
$-29,241
Price-to-Rent

Lower = better for investors

43.8

* 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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