3492 Bayside Lane
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3492 Bayside Lane

D

San Diego, CA 92109

$2,195,000
NEW — 0d

Beds

Baths

Sqft

1,852

Year Built

1960

Days on Market

0

Property Type

Multi-Family

HOA/mo

N/A

MLS ID

PTP2604303

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

Virtual Tour

About This Property

Discover 3492 Bayside Lane, a fully furnished 5-bedroom, 4-bathroom duplex in the heart of Mission Beach. The downstairs unit at 815 El Carmel Place offers 3 bedrooms, 2 bathrooms, and a spacious stamped concrete front patio, while the upstairs unit features 2 bedrooms, 2 bathrooms, including separate master suites with en-suite baths and a private outdoor patio. Additional perks include in-unit laundry and attached garage parking for one small to medium car for Each unit. The home also features 2 separate addresses, 2water meters/2Gas Meters for easy rental. Just steps from Mission Bay and a short walk to the Pacific Ocean, enjoy easy access to restaurants, shops, water sports, Belmont Park, and SeaWorld. Ideal for owner-occupants, live in one unit and rent the other; the property operates as a STR during summer and long-term rental the rest of the year—perfect for maximizing income in this prime beachside location.

Mortgage Calculator

Est. Monthly Payment

$13,934

Principal & Interest$11,099
Property Tax$2,195
Insurance$640
%($439,000)
%

Location

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Investment Score

3D
Est. Monthly Rent
$6,743
Monthly Cashflow

Rent − PITIA

$-7,191
Full Cashflow

Incl. vacancy, PM, maint, capex

$-10,571

Mortgage (P+I)
$11,099
Cap Rate
0.29%
Cash-on-Cash
-28.90%
DSCR

Need ≥ 1.25 for DSCR loan

0.48
Break-even Rent
$20,472

NOI (Annual)
$6,335
Price-to-Rent

Lower = better for investors

27.1

* 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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