3443 Ocean Front Walk #K
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3443 Ocean Front Walk #K

Dbottom 20%

San Diego, CA 92109

$1,879,500
STR closed · Mission Beach cap full

676 licensed short-term rentals within ½ mile (584 whole home), from the cities' license and permit lists of Nov 14, 2026.

Pass at asking: -$12,647/mo full cashflow at 20% down, 7.36% rate.

Works at $224,571 (88% under asking); even all cash loses money at asking.

Rent $3,138/mo from 24 leases of 2-bed condos & townhomes within 2 mi ($2,730–$3,969).

Beds

2

Baths

2

Sqft

638

Year Built

2000

Days on Market

136

Property Type

Condo

HOA/mo

$700

MLS ID

260015846SD

This property is in San Diego (92109). View neighborhood stats →

Virtual Tour

About This Property

Wake up to dolphins playing in the surf — from your bed. At 3443 OFW, the Pacific isn't a view you go looking for; it's the first thing you see each morning & the last thing you watch each night. Panoramic Beach, Ocean, Boardwalk, Pier & Jetty views pour in from the main bedroom, living room, kitchen, dining area & your private deck, where San Diego's weather is magic year-round. Here's what sets it apart: most oceanfront units are built deep & narrow, trading away the very thing you came for. This one is built wide, not deep — engineered to capture water views in nearly every room. It's the unicorn of the boardwalk! Fully renovated in 2022 with high-end finishes & sold fully furnished, it's truly turnkey. Step inside to a light-filled, open-concept space crowned by skylights, with sleek finishes & designer furnishings throughout. Stay comfortable year-round with new (2024) A/C — three mini-splits — plus a new in-unit washer & dryer. The chic walk-up building delivers resort-style living: private gym, relaxing spa & BBQ area for entertaining. Daily life is effortless, with two assigned parking spots — a rarity at the beach — a built-in security system & private storage for bikes & beach gear. Two bedrooms, two baths, 638 sq ft of beautifully upgraded space & a front-row seat to the Pacific. Homes like this — move-in ready, view-on-every-side & in one of San Diego's most coveted addresses — rarely come to market. Schedule your private viewing today & experience 3443 Ocean Front Walk before it's gone. **All information is deemed reliable but not guaranteed** In addition to a previous owner’s complete remodel in 2023, the sellers have made substantial upgrades ("new" = 2024): - new AC (ductless mini splits in family & bedrooms) ($23,559) - Carini Home Services AC system warranties are transferable - parts = 12 years from 5/2024) and maintenance = 7 years from 5/2024. - all new indoor furniture (except for guest bed & master desk) ($2800) - new washer/dryer ($2400) - new tankless water heater ($5700) - new smart tv, sound bar/sub, wall mount (~$2500 installed) - reverse osmosis drinking water system incl line to fridge ice maker ($855) - new strength training equipment in community gym ($4K) - added patio plexiglass privacy panels ($1500) - new water main regulator & kitchen sink pressure gauge ($1K) - patio furniture (incl. Polywood Adirondack rockers) ($1000) - rooftop bird repellant system ($1K) - various patch & paint / touch-up ($1K) - replaced kitchen window glass ($859) - new toilets (chair height, elongated) ($700 installed) - added keyed lock to front slider ($250) - new back door smart keypad lock ($500) - various wall art ($400) - added dimmer switches ($300) - new bathroom exhaust fans ($420) - new bedroom window coverings - utility closet remodel w/ robust shelving ($1K) housing **Green chair in living room, two pieces of art, Peloton bike and 4 Nakto Skylark 16" folding e-bikes (bikes NOT included in sale)**

Mortgage Calculator

Est. Monthly Payment

$13,497

Principal & Interest$10,370
Property Tax$1,880
Insurance$548
HOA$700
%($375,900)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Pacific Beach Elementary · grades PK-5 · San Diego Unified

  • Middle

    Pacific Beach Middle · grades 6-8 · San Diego Unified

  • High

    Mission Bay 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.

Short-term not available here. Mission Beach (Tier 4) is capped and full, with a waitlist. See the rules

Investment Score

0D
Est. Monthly Rent
$3,138

24 leases of 2-bed condos & townhomes within 2 mi · $2,730–$3,969

Monthly Cashflow

Rent − PITIA

-$10,359
Full Cashflow

Incl. vacancy, PM, maint, capex

-$12,647

What would make this work?

$12,647/mo short at 20% down; +$16,425/mo rent closes it.

Break-even price

88% under asking

$224,571
Break-even rent

$16,425/mo above the estimate

$19,563/mo
Cashflow at 35% down
−$10,703/mo
Down payment to break even

Negative even all-cash

Not reachable
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$10,370
Cap Rate
-1.35%
Cash-on-Cash
-40.37%
DSCR

Need ≥ 1.25 for DSCR loan

0.23

NOI (Annual)
-$25,447
Price-to-Rent

Lower = better for investors

49.9

* 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.

Open Full Calculator
DCashflow−$12,647/mo