2623 Ocean Front Walk

2623 Ocean Front Walk

D

San Diego, CA 92109

$4,485,000

Soft Appraisal Value: $4,390,600 · 2.2% above estimate

Beds

5

Baths

3.5

Sqft

2,809

Year Built

1981

Days on Market

89

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2600122

Description

Best deal on Ocean Front Walk! The most private location on Ocean Front Walk! Entertainer's Dream with Expansive Views! This fully remodeled 5-bedroom coastal retreat is the ultimate San Diego beach house. Designed for entertaining, the outdoor spaces feature multiple decks, a spacious patio with Bromic heaters, Sonos speakers, firepit with seating for 10+, a built-in BBQ, and a wellness area complete with hot tub, cold plunge, and sauna. Natural light pours through Fleetwood doors and Marvin windows, framing breathtaking views of Mission Beach, whitewater in Ocean Beach, boats cruising out to sea, and the cliffs of Sunset Cliffs illuminated at night. The main level boasts open-concept living with a custom kitchen featuring quartzite countertops, wood shaker cabinetry, Dacor appliances, wet bar, and seamless indoor-outdoor flow to the deck. Upstairs, the private primary retreat offers dual closets, a spa-like bath with marble finishes, and panoramic ocean vistas. Two additional bedrooms share their own bath with marble countertops and enjoy access to an east-facing deck for sunrise views. Downstairs, a secondary living/game room with wet bar provides additional entertaining space, along with two more bedrooms and a full bathroom. Newly laid pavers surround the property, creating a clean and modern coastal vibe. Parking for 3 cars included. This home is a rare opportunity to own a luxury entertainer's paradise in one of San Diego's most iconic beach communities.

Mortgage Calculator

Est. Monthly Payment

$28,472

Principal & Interest$22,679
Property Tax$4,485
Insurance$1,308
%($897,000)
%

Investment Score

0D
Est. Monthly Rent
$7,069
Monthly Cashflow

Rent − PITIA

$-21,403
Full Cashflow

Incl. vacancy, PM, maint, capex

$-26,766

Mortgage (P+I)
$22,679
Cap Rate
-1.09%
Cash-on-Cash
-35.81%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.25
Break-even Rent
$41,830

NOI (Annual)
$-49,048
Price-to-Rent

Lower = better for investors

52.9

* 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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