3540 Quimby St
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3540 Quimby St

D

San Diego, CA 92106

$1,199,000
NEW — 2d

Soft Appraisal Value: $1,161,000 · 3.3% above estimate

Beds

2

Baths

1

Sqft

803

Year Built

1949

Days on Market

2

Property Type

Single Family

HOA/mo

N/A

MLS ID

260013032SD

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

About This Property

Perched on a quiet hillside in the highly sought-after Loma Portal neighborhood of Point Loma, this beautifully updated cottage blends timeless character with thoughtful modern enhancements. Refined curb appeal welcomes you with newly painted exterior accents and inviting front and rear decks that create the perfect setting to enjoy colorful sunset skies, neighborhood views, and refreshing coastal breezes. Inside, light-filled living spaces are enhanced by luxury pet-grade turf-inspired ease outside and luxury vinyl plank flooring inside, recessed LED lighting, dual-pane windows, and an abundance of natural light. The thoughtfully reimagined kitchen showcases quartz countertops, open shelving, pantry storage, gas cooking, newer appliances, a large single-basin sink, and a versatile breakfast bar ideal for everyday living and entertaining. Completed in 2021, the extensive renovation included the kitchen, bathroom, flooring, fixtures, and finishes, creating a home that feels both stylish and welcoming. Additional highlights include a skylit primary bedroom, in-unit laundry with newer stacked washer and dryer, ceiling fans throughout, a tankless water heater, and a newer roof installed in 2021. The outdoor spaces have been transformed into a private retreat that seamlessly extends the home's living area. Beautifully curated landscaping balances hardscape and lush greenery, creating inviting destinations for gardening, outdoor dining, relaxing around the fire pit, or enjoying the expansive decks with family and friends. The guest bedroom opens directly to the backyard, enhancing the indoor-outdoor lifestyle. Situated on a generously sized lot with alley access, the property offers exceptional potential for expansion, a detached ADU with its own private entrance, or multigenerational living. Due to the lot's topography, a future ADU may enjoy views of the Point Loma Peninsula. Tucked away on a non-through street with minimal traffic, yet ideally located near Liberty Station, Point Loma Village, Ocean Beach, downtown San Diego, San Diego International Airport, and highly regarded schools, this is a rare opportunity to enjoy the best of Point Loma living today while investing in the possibilities of tomorrow.

Mortgage Calculator

Est. Monthly Payment

$7,612

Principal & Interest$6,063
Property Tax$1,199
Insurance$350
%($239,800)
%

Location

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Investment Score

2D
Est. Monthly Rent
$3,559
Monthly Cashflow

Rent − PITIA

$-4,053
Full Cashflow

Incl. vacancy, PM, maint, capex

$-5,871

Mortgage (P+I)
$6,063
Cap Rate
0.19%
Cash-on-Cash
-29.38%
DSCR

Need ≥ 1.25 for DSCR loan

0.47
Break-even Rent
$11,183

NOI (Annual)
$2,307
Price-to-Rent

Lower = better for investors

28.1

* 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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