2481 La Marque St

2481 La Marque St

D

San Diego, CA 92109

$3,775,000

Beds

4

Baths

3

Sqft

2,895

Year Built

1988

Days on Market

58

Property Type

Single Family

HOA/mo

N/A

MLS ID

260003027SD

Description

With one of the most commanding views currently on the market, 2481 La Marque represents Pacific Beach hillside living at its best. Positioned within a coveted elevated enclave, this reimagined coastal residence offers unobstructed, panoramic vistas spanning Mission Bay, Downtown San Diego, Coronado, and the Pacific Ocean, with a dynamic outlook from sunrise to sunset. Priced $325,000 below appraised value, the home blends timeless design with thoughtful functionality. The main level features a vaulted great room and a chef’s kitchen with custom quartzite countertops, a six-burner range, double ovens, and a windowed butler’s pantry. The primary suite and an additional bedroom on this level allow for convenient single-level living. Expansive decks, bifold doors, and a dining room picture window create seamless indoor-outdoor flow while framing the views. The lower level includes two additional bedrooms, a full kitchen, a bathroom, and a separate private entrance from the street below—ideal for guests, multigenerational living, or flexible use. A newly completed, fully fenced yard enhances privacy and usability, offering space for entertaining, pets, or quiet enjoyment. Nearly every room captures a view, reinforcing the home’s long-term appeal. Recent upgrades include new landscaping, modern dual-pane windows, and new doors throughout. Move-in ready and quietly set above the city, yet just minutes from beaches, dining, shopping, and major routes.

Mortgage Calculator

Est. Monthly Payment

$23,964

Principal & Interest$19,088
Property Tax$3,775
Insurance$1,101
%($755,000)
%

Investment Score

0D
Est. Monthly Rent
$7,220
Monthly Cashflow

Rent − PITIA

$-16,744
Full Cashflow

Incl. vacancy, PM, maint, capex

$-21,551

Mortgage (P+I)
$19,088
Cap Rate
-0.78%
Cash-on-Cash
-34.25%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.30
Break-even Rent
$35,208

NOI (Annual)
$-29,549
Price-to-Rent

Lower = better for investors

43.6

* 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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