3057 Old Bridgeport Way
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3057 Old Bridgeport Way

Ctop 80%

San Diego, CA 92111

$849,000
STR: check · HOA rules unknown · TOT 12.75%

9 licensed short-term rentals within ½ mile (6 whole home), from the cities' license and permit lists of Nov 13, 2026.

HOA rules unknown: an HOA can ban stays under 30 days (Civ. Code §4741), and no permit on file shows this one allows them. Get the CC&Rs.

Pass at asking: -$3,659/mo full cashflow at 20% down, 7.36% rate.

Works at $370,290 (56% under asking), or at 83% down.

Rent $4,292/mo from 9 leases of 3-bed condos & townhomes within 2 mi ($4,041–$5,128).

Beds

3

Baths

2.5

Sqft

1,632

Year Built

1983

Days on Market

194

Property Type

Townhouse

HOA/mo

$475

MLS ID

260010603SD

This property is in San Diego (92111). Browse neighborhood analytics →

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About This Property

This beautiful Canyon view home is in the heart of the desirable Clairemont Mesa neighborhood. Perched on a prime perimeter lot with tranquil canyon and greenbelt views. The spacious living room with two story ceilings and dining areas are perfect for entertaining, complete with a two sided cozy fireplace. The primary suite boasts serene hillside views, with a generous walk-in closet, plus an additional second closet and en-suite bath with dual sinks. The second and third bedrooms are generously sized, located near the second full bathroom. Half bath is located near the kitchen and dining areas. Step outside to your patio, with canyon and hillside views, potential peek-a-boo bay and ocean views on a clear day. Fireworks can be viewed from upstairs bedrooms. Additional highlights include, a 2 car attached garage, plenty of off street parking, and newer central forced air and heat, newer ceiling fans, newer interior doors, new faucets in bathrooms and kitchen, new beverage cooler in kitchen, new dishwasher and solid surface Corian kitchen counter tops, crown moldings, newer blinds, bright skylight in stairwell. Built in display and linen cabinets. Largest floor plan in the Bluffs. Outdoor space available for gatherings. Enjoy resort style living with the heated pool and spa, including showers, bathrooms, lounge chairs and tables for a relaxing lazy afternoon. Conveniently located near desirable Holmes elementary, Mesa college, shopping, dining, and easy freeway access. Less than two miles from Mission Bay. Tecolote trail entrance is a few minutes walk.

Mortgage Calculator

Est. Monthly Payment

$6,256

Principal & Interest$4,684
Property Tax$849
Insurance$248
HOA$475
%($169,800)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Holmes Elementary · grades K-5 · San Diego Unified

  • Middle

    Marston Middle · grades 6-8 · San Diego Unified

  • High

    Clairemont 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

31C
Est. Monthly Rent
$4,292

9 leases of 3-bed condos & townhomes within 2 mi · $4,041–$5,128

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$1,964
Full Cashflow

Incl. vacancy, PM, maint, capex

-$3,659

What would make this work?

$3,659/mo short at 20% down; 83% down or +$4,752/mo rent closes it.

Break-even price

56% under asking

$370,290
Break-even rent

$4,752/mo above the estimate

$9,044/mo
Cashflow at 35% down
−$2,781/mo
Down payment to break even

$704,670 cash

83%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$4,684
Cap Rate
1.75%
Cash-on-Cash
-25.86%
DSCR

Need ≥ 1.25 for DSCR loan

0.69

NOI (Annual)
$14,879
Price-to-Rent

Lower = better for investors

16.5

* Modelled at 20% down, 7.36% 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−$3,659/mo