2812 Poinsettia Drive
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2812 Poinsettia Drive

D

San Diego, CA 92106

$2,975,000

Soft Appraisal Value: $2,879,700 · 3.3% above estimate

Beds

5

Baths

4

Sqft

3,603

Year Built

2011

Days on Market

45

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2601992

This property is in San Diego (92106). View neighborhood stats →

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About This Property

360 unobstructed panoramic views of Pacific Coast, Mission Beach & Bay, , Sea World and Downtown city lights. Architect-Designed and recently remodeled Point Loma home is a perfect balance of luxury and craftsmanship. The downtown view can be protected by a height restriction easement on the property located at 3671 Oleanader (when looking towards downtown). The modern, open floor plan features an ELEVATOR which was installed in 2019 leading to all three floors, floor-to-ceiling walls of windows leading to expansive view decks, gourmet kitchen, 2 master suites, and so much more. The open floor plan allows for unobstructed views from the gourmet kitchen, living and dining rooms and wrap around decking. Unwind in the master suite with fabulous ocean, sunset and city and Coronado Bridge views on the private balcony. The private backyard is spacious (large enough for a pool), there is a covered patio with fountain and outdoor fireplace. Located conveniently close to Liberty Station shops/restaurants and downtown.

Mortgage Calculator

Est. Monthly Payment

$18,886

Principal & Interest$15,043
Property Tax$2,975
Insurance$868
%($595,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$7,760
Monthly Cashflow

Rent − PITIA

$-11,126
Full Cashflow

Incl. vacancy, PM, maint, capex

$-15,390

Mortgage (P+I)
$15,043
Cap Rate
-0.14%
Cash-on-Cash
-31.04%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.41
Break-even Rent
$27,747

NOI (Annual)
$-4,164
Price-to-Rent

Lower = better for investors

31.9

* 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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