2561 Loring St

2561 Loring St

D

San Diego, CA 92109

$2,495,000

Soft Appraisal Value: $2,461,300 · 1.4% above estimate

Beds

3

Baths

2

Sqft

1,912

Year Built

1961

Days on Market

129

Property Type

Single Family

HOA/mo

N/A

MLS ID

250044776SD

Description

Welcome to this fully reimagined mid-century residence in North Pacific Beach, where iconic architecture meets refined coastal luxury. Every detail has been thoughtfully elevated. Inside, the home features new waterproof laminate and tile flooring, new baseboards and casings, interior and sliding doors, a custom fireplace, fresh paint, and built-in hallway storage. All windows have been replaced with dual-pane glass. Custom closet systems enhance each of the three bedrooms, including the walk-in primary closet. The kitchen is a showpiece, appointed with energy-efficient appliances, custom cabinetry, quartz countertops with extended backsplash, and new plumbing and lighting throughout. A butler’s pantry with sink and added storage offers both beauty and function. Bathrooms boast floor-to-ceiling tile, custom glass in the primary suite, a solid teak dual vanity, and dedicated outlets for smart/bidet toilets. Behind the walls, major foundation repairs, significant plumbing upgrades, a full electrical rewire with panel and sub-panel upgrade, new HVAC, tankless water heater relocation, hardwired smoke/CO detectors, and improved ventilation provide peace of mind. Outdoors, enjoy a completely resurfaced and retiled deep pool with new filter, new gas line for a future heater, and approximately 1,800 sq ft of imported travertine. A custom 12-foot outdoor kitchen, 60 feet of glass railing, new landscaping with irrigation and timer, new stucco with weep screed, gutters, drainage system, aluminum entry shades, new gas meter, new garage door with motor, and EV charger complete this

Mortgage Calculator

Est. Monthly Payment

$15,839

Principal & Interest$12,616
Property Tax$2,495
Insurance$728
%($499,000)
%

Investment Score

1D
Est. Monthly Rent
$7,740
Monthly Cashflow

Rent − PITIA

$-8,099
Full Cashflow

Incl. vacancy, PM, maint, capex

$-11,958

Mortgage (P+I)
$12,616
Cap Rate
0.32%
Cash-on-Cash
-28.76%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.49
Break-even Rent
$23,270

NOI (Annual)
$7,892
Price-to-Rent

Lower = better for investors

26.9

* 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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