3148 Emerson St
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3148 Emerson St

D

San Diego, CA 92106

$1,299,000

Soft Appraisal Value: $1,272,700 · 2.1% above estimate

Beds

2

Baths

2.5

Sqft

1,473

Year Built

2017

Days on Market

9

Property Type

Townhouse

HOA/mo

$422

MLS ID

260013015SD

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

About This Property

Time to elevate your coastal living in this stunning townhome in the heart of Point Loma. Built in 2017 and thoughtfully designed with sleek and timeless finishes, this end unit home features two spacious bedrooms, 2.5 bathrooms, bay views, soaring 9-foot ceilings, and a double attached garage. Sun-drenched interiors are framed by oversized windows, illuminating a seamless open-concept floor plan with engineered hardwood floors, stainless steel appliances and upgraded bathrooms designed for refined living. Main level consists of living room, kitchen and dining with a guest bathroom. Primary room with walk in closet, dual bath sinks and guest bedroom with an en suite bathroom is on the top floor. Beautifully tiled Laundry room with direct garage access on the ground floor. The expansive rooftop deck serves as the home’s showpiece, offering unobstructed, panoramic views of Downtown San Diego, Marinas and the sparkling San Diego Bay. Enjoy with an optional gas BBQ grill, refrigerator & wet bar. Well positioned to the best that Point Loma has to offer: Yacht Clubs, Restaurants, Shops, Sunset Cliffs, Shelter Island all nearby with the Pacific Ocean on the other side of the hill. This home embodies luxury living blending modern design, natural light, and curated spaces for both relaxation and entertaining. Upgrades include chef’s kitchen with stainless steel Dacor appliances, Shinnoki Smoked Walnut cabinets, plentiful counter counterspace, and sleek white quartz waterfall edge center island. Dual sinks in the master bathroom and walk-in closet with custom organizers. En-suite Italian Calacatta Caldia marble tiled bathrooms. New hard wood floors. Dual energy efficient ductless split system provides both heat and air conditioning. Tankless hot water heater. Multiple storage closets. Side by side washer and dryer in an oversized laundry/mud room with level work space and multiple cupboards. 9 foot ceilings upstairs and down. Side by side two car attached garage for your cars, boats and bikes, plus extra parking. Private roof top deck invites you to enjoy all the views in this small community of only 4 luxury townhomes. Walk or bike to all the wonderful locations of Point Loma.

Mortgage Calculator

Est. Monthly Payment

$8,668

Principal & Interest$6,568
Property Tax$1,299
Insurance$379
HOA$422
%($259,800)
%

Location

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Investment Score

5D
Est. Monthly Rent
$4,878
Monthly Cashflow

Rent − PITIA

$-3,790
Full Cashflow

Incl. vacancy, PM, maint, capex

$-5,995

Mortgage (P+I)
$6,568
Cap Rate
0.53%
Cash-on-Cash
-27.69%
DSCR

Need ≥ 1.25 for DSCR loan

0.56
Break-even Rent
$12,664

NOI (Annual)
$6,883
Price-to-Rent

Lower = better for investors

22.2

* 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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