3607 Ocean Front Walk

3607 Ocean Front Walk #4

D

San Diego, CA 92109

$1,950,000

Beds

2

Baths

2.5

Sqft

1,217

Year Built

2000

Days on Market

100

Property Type

Condo

HOA/mo

$1,627.21

MLS ID

250046146SD

Description

Experience the "Grail" of Mission Beach: A 2-story oceanfront townhome uniquely perched 6 feet above the Boardwalk - ground level but elevated. This rare elevation grants you commanding white-water views and direct beach connection while maintaining total privacy from the public eye. A dramatic wall of retractable floor-to-ceiling glass vanishes to blend the living room with your exclusive oceanfront terrace, creating a seamless indoor/outdoor sanctuary perfect for sunset cocktails. Unlike typical narrow condos, this functional floor plan features Dual Primary Suites (one on each level) ensuring privacy for guests, plus a flexible upstairs layout that can sleep up to 8 people: a massive driver for rental income or personal family use. The chef’s kitchen is a showpiece, equipped with a Sub-Zero refrigerator/freezer, premium Bosch/KitchenAid appliances, custom cabinetry, and granite slab counters. Luxury finishes include imported stone flooring, custom wood accents, recessed lighting, and a jetted spa tub for post-surf recovery. Located in the heart of the "Golden Strand", directly in front of the volleyball courts for entertainment, yet just far enough from the pier to stay quiet. Complete with a 1-Car Garage, in-unit laundry, and ample storage for beach toys. The ocean breeze keeps this unit cool year-round. Turnkey and ready for summer!

Mortgage Calculator

Est. Monthly Payment

$14,006

Principal & Interest$9,860
Property Tax$1,950
Insurance$569
HOA$1,627
%($390,000)
%

Investment Score

0D
Est. Monthly Rent
$3,778
Monthly Cashflow

Rent − PITIA

$-10,228
Full Cashflow

Incl. vacancy, PM, maint, capex

$-12,722

Mortgage (P+I)
$9,860
Cap Rate
-1.76%
Cash-on-Cash
-39.15%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.27
Break-even Rent
$20,301

NOI (Annual)
$-34,346
Price-to-Rent

Lower = better for investors

43.0

* 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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