3235 Jappa Avenue
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3235 Jappa Avenue

D

San Diego, CA 92117

$1,565,000
NEW — 5d

Soft Appraisal Value: $1,524,100 · 2.7% above estimate

Beds

3

Baths

3

Sqft

2,294

Year Built

1959

Days on Market

5

Property Type

Single Family

HOA/mo

N/A

MLS ID

PTP2604224

This property is in San Diego (92117). View neighborhood stats →

Virtual Tour

About This Property

Captivating Bay Ho home located right in the heart of Clairemont, just outside Pacific Beach and La Jolla — where easy I-5 and SR-52 access makes the beach, the city, and a very close commute to everything San Diego has to offer feel effortlessly close. Inside, the home unfolds with an impressive sense of scale. A generous main dining area connects naturally into the sun-filled kitchen on one side and the soaring great room on the other — a layout made for living and entertaining. Vaulted ceilings and a gas fireplace anchor the great room, which also features pre-wired surround sound with in-wall speakers included (receiver not included), while skylights in both spaces pour abundant natural light through the main living areas all day long. Warm oak doors, trim, and staircase run throughout, accented by oil-rubbed black hardware — a richness that feels intentional at every turn. The entire second floor is a private primary retreat. Vaulted ceilings, a second gas fireplace, and a luxurious en suite with separate soaking tub, walk-in shower, and a walk-in closet — each with their own skylight overhead. Thirty solar panels are fully owned, generating a surplus of electricity with no lease and no complications. The whole-house fan draws in San Diego’s coastal breeze each evening. No HOA. The fenced backyard offers stamped concrete matching the home’s expansive driveway — with ample room for a boat or RV alongside everyday parking — plus a retractable awning, garden beds, and a storage shed. New roof (2017). New fence (2026). Two-car garage with interior access and laundry hookups for gas or electric. Cadman Community Park and Cadman Elementary are both about a mile away — the park features Little League baseball fields, tennis and basketball courts, a dog off-leash area, and picnic spots with views of Mission Bay. Rarely does a home in this central location offer this much space, this much character, and energy independence to match.

Mortgage Calculator

Est. Monthly Payment

$9,935

Principal & Interest$7,913
Property Tax$1,565
Insurance$456
%($313,000)
%

Location

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Investment Score

23D
Est. Monthly Rent
$7,736
Monthly Cashflow

Rent − PITIA

$-2,198
Full Cashflow

Incl. vacancy, PM, maint, capex

$-5,282

Mortgage (P+I)
$7,913
Cap Rate
2.02%
Cash-on-Cash
-20.25%
DSCR

Need ≥ 1.25 for DSCR loan

0.78
Break-even Rent
$14,596

NOI (Annual)
$31,579
Price-to-Rent

Lower = better for investors

16.9

* 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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