2636 Strand Way

2636 Strand Way

Dbottom 20%

San Diego, CA 92109

$4,499,000
NEW — 0d
STR closed · Mission Beach cap full

This parcel holds a short-term rental license: Tier 4 (whole home, Mission Beach), through Apr 2027. It doesn’t transfer: a buyer applies for their own.

370 licensed short-term rentals within ½ mile (275 whole home), from the cities' license and permit lists of Nov 3, 2026.

Pass at asking: -$28,549/mo full cashflow at 20% down, 7.49% rate.

Works at $797,580 (82% under asking); even all cash loses money at asking.

Rent $7,990/mo from 16 leases of 3–5 bed houses within 2 mi ($7,472–$8,014).

Beds

4

Baths

5

Sqft

2,626

Year Built

2007

Days on Market

0

Property Type

Single Family

HOA/mo

N/A

MLS ID

260026140SD

This property is in San Diego (92109). View neighborhood stats →

About This Property

Amazing signal Family Beach House.

Mortgage Calculator

Est. Monthly Payment

$30,953

Principal & Interest$25,141
Property Tax$4,499
Insurance$1,312
%($899,800)
%
Loan Term

Location

Loading map...

Zoned Schools

  • Elementary

    Pacific Beach Elementary · grades PK-5 · San Diego Unified

  • Middle

    Pacific Beach Middle · grades 6-8 · San Diego Unified

  • High

    Mission Bay 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.

Short-term not available here. Mission Beach (Tier 4) is capped and full, with a waitlist. See the rules

Investment Score

0D
Est. Monthly Rent
$7,990

16 leases of 3–5 bed houses within 2 mi · $7,472–$8,014

Blended 50/50 with the zip's market median ($8,309)

Monthly Cashflow

Rent − PITIA

-$22,962
Full Cashflow

Incl. vacancy, PM, maint, capex

-$28,549

What would make this work?

$28,549/mo short at 20% down; +$37,077/mo rent closes it.

Break-even price

82% under asking

$797,580
Break-even rent

$37,077/mo above the estimate

$45,067/mo
Cashflow at 35% down
−$23,835/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)
$25,141
Cap Rate
-0.80%
Cash-on-Cash
-38.07%
DSCR

Need ≥ 1.25 for DSCR loan

0.26

NOI (Annual)
-$36,100
Price-to-Rent

Lower = better for investors

46.9

* Modelled at 20% down, 7.49% 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−$28,549/mo