3006 Yonge St
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3006 Yonge St

Ctop 80%

San Diego, CA 92106

$1,395,000
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.

26 licensed short-term rentals within ½ mile (9 whole home), from the cities' license and permit lists of Nov 10, 2026.

Pass at asking: -$6,137/mo full cashflow at 20% down, 7.43% rate.

Works at $595,994 (57% under asking), or at 84% down.

Rent $5,945/mo from 10 leases of 2–4 bed houses within 1 mi ($5,394–$6,173).

Beds

3

Baths

2

Sqft

1,625

Year Built

1956

Days on Market

111

Property Type

Single Family

HOA/mo

N/A

MLS ID

260017875SD

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

Virtual Tour

About This Property

Fully Remodeled Point Loma Gem – Move-In Ready! Welcome to this beautifully remodeled single-story home in the heart of Point Loma, one of San Diego's most sought-after coastal neighborhoods. Remodeled from top to bottom with quality and care, this 3-bedroom, 2-bath residence offers a bright, open-concept layout designed for modern living and effortless entertaining. The updated interior features a cozy fireplace, all-new appliances, and high-quality finishes throughout. The seamless flow between living, dining, and kitchen spaces creates an inviting atmosphere filled with natural light. The oversized, loft-style garage offers exceptional ADU conversion potential — San Diego's streamlined permitting process makes this an exciting opportunity for rental income, a guest suite, a shop, or multigenerational living. Step outside to a lush, private yard and charming back patio — ideal for relaxing evenings, weekend gatherings, or outdoor dining. Located with convenient access to Rosecrans, the home features triple-pane windows throughout for impressive sound diffusion, while the front entry opens onto a quiet cul-de-sac. Just a short stroll to the shops, dining, and entertainment at Liberty Station, with quick access to the harbor, local beaches, downtown San Diego, Balboa Park, and SeaWorld. This is Point Loma living at its finest — turnkey, tasteful, and ready to enjoy from day one.

Mortgage Calculator

Est. Monthly Payment

$9,552

Principal & Interest$7,750
Property Tax$1,395
Insurance$407
%($279,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Loma Portal Elementary · grades K-4 · San Diego Unified

  • Middle

    Correia Middle · grades 7-8 · San Diego Unified

  • High

    Point Loma 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

16C
Est. Monthly Rent
$5,945

10 leases of 2–4 bed houses within 1 mi · $5,394–$6,173

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$3,607
Full Cashflow

Incl. vacancy, PM, maint, capex

-$6,137

What would make this work?

$6,137/mo short at 20% down; 84% down or +$7,970/mo rent closes it.

Break-even price

57% under asking

$595,994
Break-even rent

$7,970/mo above the estimate

$13,915/mo
Cashflow at 35% down
−$4,684/mo
Down payment to break even

$1,171,800 cash

84%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$7,750
Cap Rate
1.64%
Cash-on-Cash
-26.39%
DSCR

Need ≥ 1.25 for DSCR loan

0.62

NOI (Annual)
$22,925
Price-to-Rent

Lower = better for investors

19.6

* 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.

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CCashflow−$6,137/mo