
3138 Lighthouse Ridge
Ctop 80%San Diego, CA 92110
One license per person in San Diego: whether you can hold it depends on you, not only the home.
30 licensed short-term rentals within ½ mile (16 whole home), from the cities' license and permit lists of Nov 11, 2026.
1 short-term rental license on file in this 64-unit complex, so its HOA has allowed them. Confirm in the CC&Rs: an HOA can ban stays under 30 days (Civ. Code §4741).
Pass at asking: -$3,664/mo full cashflow at 20% down, 7.43% rate.
Works at $297,953 (62% under asking), or at 89% down.
Rent $3,450/mo from 12 leases of 1–3 bed condos & townhomes within 1 mi ($3,486–$3,902).
Beds
2
Baths
2.5
Sqft
1,455
Year Built
2006
Days on Market
109
Property Type
Townhouse
HOA/mo
$368
MLS ID
260018149SD
This property is in San Diego (92110). View neighborhood stats →
About This Property
Beautifully maintained end-unit residence in the highly desirable Point Loma area, offering the perfect blend of comfort, style, and convenience. Filled with natural light, the open-concept living space features soaring ceilings, expansive windows, a cozy fireplace, and seamless flow between the living, dining, and kitchen areas—ideal for both everyday living and entertaining. Thoughtfully designed for today's lifestyle, the home also includes a versatile bonus room perfect for a home office or den, plus a large storage closet tucked under the entry stairs, a convenient laundry room, central air conditioning, and a luxurious primary suite featuring a spa tub in the en-suite bath. The stylish half bath is enhanced by a hand-painted Provençal artisan sink, adding a distinctive designer touch. Enjoy the convenience of an attached oversized two-car garage with an EV charger, storage space, and direct access to the home. Residents have access to resort-style community amenities including a sparkling pool, outdoor BBQ and picnic areas, and beautifully maintained grounds. Built in 2006 within the sought-after Cabrillo Point Loma community, this home offers easy access to Liberty Station, Point Loma Village, Mission Bay, downtown San Diego, beaches, shopping, dining, and major commuter routes. Located within the highly regarded Point Loma school district and in a walkable neighborhood close to parks, restaurants, and everyday conveniences, this is coastal San Diego living at its finest.
Mortgage Calculator
Est. Monthly Payment
$5,674
Location
Loading map...
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.
Comparable Properties
5 comps foundThis Property
$3,450
Comp Average
$3,399
1124 Fresno
2bd / 2ba · 1,072 sqft · Townhouse
$650K
Est. $3,247/mo
3464 Spring Tide
2bd / 2ba · 1,227 sqft · Condo
$750K
Est. $3,499/mo
3152 Trinity Bay Place
2bd / 2.5ba · 1,455 sqft · Condo
$775K
Est. $3,499/mo
3098 Rue Dorleans
2bd / 2ba · 1,250 sqft · Condo
$710K
Est. $3,296/mo
3549 Shoreline Bluff Lane
2bd / 2.5ba · 1,386 sqft · Condo
$811K
Est. $3,454/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
12 leases of 1–3 bed condos & townhomes within 1 mi · $3,486–$3,902
Blended 50/50 with the zip's market median ($3,108)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$3,664/mo short at 20% down; 89% down or +$4,758/mo rent closes it.
- Break-even price
- $297,953
- Break-even rent
- $8,208/mo
- Cashflow at 35% down
- −$2,857/mo
- Down payment to break even
- 89%
- Rate to break even
- Not reachable
62% under asking
$4,758/mo above the estimate
$689,750 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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.
Open Full Calculator