2561 Albatross St
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2561 Albatross St

Dbottom 20%

San Diego, CA 92101

$2,950,000
STR-eligible · San Diego Tier 3 · TOT 12.75%

One license per person in San Diego: whether you can hold it depends on you, not only the home.

187 licensed short-term rentals within ½ mile (152 whole home), from the cities' license and permit lists of Nov 11, 2026.

Pass at asking: -$16,866/mo full cashflow at 20% down, 7.43% rate.

Works at $753,903 (74% under asking); even all cash loses money at asking.

Rent $7,520/mo from 12 leases of houses within 1 mi, size-adjusted ($6,355–$8,492).

Beds

5

Baths

3.5

Sqft

3,200

Year Built

1916

Days on Market

111

Property Type

Single Family

HOA/mo

N/A

MLS ID

260017963SD

This property is in San Diego (92101). View neighborhood stats →

Virtual Tour

About This Property

Historic Emmor Brooke Weaver Property with Detached ADU in Bankers Hill. Step into a piece of San Diego’s architectural history. This stunning 1916 detached craftsman property, designed by the legendary Emmor Brooke Weaver and masterfully constructed by Brawner & Hunter, occupies a commanding corner lot directly across from the serene Maple Canyon Trail. Preserved with exquisite attention to detail, the main residence features 4 spacious bedrooms, 2.5 bathrooms, and unparalleled period craftsmanship. First time on market in 60 years. The breathtaking interior showcases jaw-dropping mahogany coffered ceilings, original mahogany doors, and matching custom built-ins. Meticulously maintained original hardwood floors flow throughout the home, complemented by authentic antique brass door handles and functional vintage locks. The main living spaces offer a perfect blend of grand scale and warm historic character. Adding immense value and flexibility is a completely detached 1-bedroom, 1-bathroom ADU, perfect for multi-generational living, a premium guest house, or high-yield rental income. The property also features a rare, detached 2-car garage and a private yard ideal for outdoor entertaining. Located in the heart of Bankers Hill, you are just steps from scenic nature trails in Maple Canyon and Balboa Park. Walking distance to many of Bankers Hill's Points of interest, including; Mister A's, Little Italy, the San Diego Bay, and the city's top historical landmarks. Historic Emmor Brooke Weaver Property with Detached ADU in Bankers Hill. Step into a piece of San Diego’s architectural history. This stunning 1916 detached craftsman property, designed by the legendary Emmor Brooke Weaver and masterfully constructed by Brawner & Hunter, occupies a commanding corner lot directly across from the serene Maple Canyon Trail. Preserved with exquisite attention to detail, the main residence features 4 spacious bedrooms, 2.5 bathrooms, and unparalleled period craftsmanship. First time on market in 60 years. The breathtaking interior showcases jaw-dropping mahogany coffered ceilings, original mahogany doors, and matching custom built-ins. Meticulously maintained original hardwood floors flow throughout the home, complemented by authentic antique brass door handles and functional vintage locks. The main living spaces offer a perfect blend of grand scale and warm historic character. Adding immense value and flexibility is a completely detached 1-bedroom, 1-bathroom ADU, perfect for multi-generational living, a premium guest house, or high-yield rental income. The property also features a rare, detached 2-car garage and a private yard ideal for outdoor entertaining. Located in the heart of Bankers Hill, you are just steps from scenic nature trails in Maple Canyon and Balboa Park. Walking distance to many of Bankers Hill's Points of interest, including; Mister A's, Little Italy, the San Diego Bay, and the city's top historical landmarks.

Mortgage Calculator

Est. Monthly Payment

$20,199

Principal & Interest$16,388
Property Tax$2,950
Insurance$860
%($590,000)
%
Loan Term

Location

Loading map...

Zoned Schools

  • Elementary

    Florence Elementary · grades PK-5 · San Diego Unified

  • Middle

    Roosevelt International Middle · grades 6-8 · San Diego Unified

  • High

    San Diego 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.

Investment Score

0D
Est. Monthly Rent
$7,520

12 leases of houses within 1 mi, size-adjusted · $6,355–$8,492

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$12,678
Full Cashflow

Incl. vacancy, PM, maint, capex

-$16,866

What would make this work?

$16,866/mo short at 20% down; +$21,904/mo rent closes it.

Break-even price

74% under asking

$753,903
Break-even rent

$21,904/mo above the estimate

$29,424/mo
Cashflow at 35% down
−$13,794/mo
Down payment to break even

Negative even all-cash

Not reachable
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$16,388
Cap Rate
-0.04%
Cash-on-Cash
-34.30%
DSCR

Need ≥ 1.25 for DSCR loan

0.37

NOI (Annual)
-$1,223
Price-to-Rent

Lower = better for investors

32.7

* 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.

Open Full Calculator
DCashflow−$16,866/mo