
2454 Presidio Dr
Dbottom 20%San Diego, CA 92103
One license per person in San Diego: whether you can hold it depends on you, not only the home.
34 licensed short-term rentals within ½ mile (25 whole home), from the cities' license and permit lists of Nov 11, 2026.
Pass at asking: -$21,523/mo full cashflow at 20% down, 7.43% rate.
Works at $697,714 (80% under asking); even all cash loses money at asking.
Rent $6,959/mo from 9 leases of houses within 1 mi, same school area, size-adjusted ($5,896–$8,555).
Beds
5
Baths
3.5
Sqft
2,738
Year Built
1928
Days on Market
109
Property Type
Single Family
HOA/mo
N/A
MLS ID
260018207SD
This property is in San Diego (92103). View neighborhood stats →
About This Property
A Rare Mission Hills Treasure – First Time on the Market in Nearly 40 Years Steeped in history, timeless elegance, and undeniable charm, this extraordinary 1928 Spanish Revival home is being offered for sale for the first time in nearly four decades. Nestled in the heart of Mission Hills—one of San Diego’s most coveted historic neighborhoods—this remarkable residence presents a once-in-a-generation opportunity to own a true architectural gem. From the moment you arrive, you’ll be captivated by the home’s classic Spanish character. Rich architectural details, graceful archways, handcrafted accents, and original craftsmanship reflect an era when homes were built with artistry, quality, and enduring beauty in mind. Every room tells a story, blending historic charm with warmth and sophistication. Lovingly cared for by the same family for almost 40 years, this residence has been a place where memories were made and traditions were cherished. Its thoughtful layout offers inviting living spaces filled with natural light, creating an atmosphere that is both elegant and welcoming. Whether you’re entertaining guests or enjoying a quiet evening at home, this timeless property provides the perfect setting. Situated in the prestigious Mission Hills community, you’ll enjoy tree-lined streets, stunning architecture, and close proximity to San Diego’s finest dining, shopping, parks, and cultural attractions. The neighborhood’s rich history and unmatched charm make it one of the city’s most desirable places.
Mortgage Calculator
Est. Monthly Payment
$23,965
Location
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Zoned Schools
Elementary
Grant K-8 · grades K-8 · San Diego Unified
Middle
Correia Middle · grades 7-8 · San Diego Unified
or Roosevelt International Middle · grades 6-8 · San Diego Unified
Choice area: the district lets families here pick either school.
High
San Diego High · grades 9-12 · San Diego Unified
or Point Loma High · grades 9-12 · San Diego Unified
Choice area: the district lets families here pick either school.
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
$6,959
Comp Average
$7,488
3784 8th Ave
4bd / 3.5ba · 2,791 sqft · Single Family
$2.45M
Est. $7,280/mo
4301 Hawk St
4bd / 3.5ba · 2,500 sqft · Single Family
$2.75M
Est. $6,876/mo
921 Court Way
4bd / 4ba · 3,130 sqft · Single Family
$3.38M
Est. $7,800/mo
3252 Front Street
4bd / 2.5ba · 3,122 sqft · Single Family
$3.94M
Est. $7,615/mo

1896 Lyndon
4bd / 4ba · 3,181 sqft · Single Family
$3.65M
Est. $7,870/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
9 leases of houses within 1 mi, same school area, size-adjusted · $5,896–$8,555
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$21,523/mo short at 20% down; +$27,952/mo rent closes it.
- Break-even price
- $697,714
- Break-even rent
- $34,911/mo
- Cashflow at 35% down
- −$17,877/mo
- Down payment to break even
- Not reachable
- Rate to break even
- Not reachable
80% under asking
$27,952/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, 7.43% 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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