3693 Paul Jones Ave

3693 Paul Jones Ave

Dbottom 20%

San Diego, CA 92117

$1,250,000
NEW — 0d

Pass at asking: -$6,865/mo full cashflow at 20% down, 7.43% rate.

Works at $356,191 (72% under asking), or at all cash.

Rent $3,553/mo from 11 leases of 2-bed houses within 2 mi ($3,348–$4,461).

Beds

2

Baths

2

Sqft

1,027

Year Built

2000

Days on Market

0

Property Type

Single Family

HOA/mo

N/A

MLS ID

260026522SD

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

About This Property

This is your exclusive opportunity to acquire a custom-designed masterpiece, perfectly positioned on a premier corner lot. From the moment you arrive, the meticulously curated, low-maintenance landscaping sets a tone of refined elegance. Designed to maximize its coastal vantage point, the property features a spectacular viewing deck that commands unobstructed, panoramic bay vistas. Inside, the expansive open-concept floor plan is dramatically framed by soaring vaulted ceilings and a meticulously detailed interior. At the heart of the home is a chef-caliber gourmet kitchen, fully equipped with high-end appliances, bespoke custom cabinetry, and premium fixtures. Every inch of the residence showcases master craftsmanship--from the seamless porcelain plank flooring and elegant architectural softened corners to the artistically curated sconces and designer lighting. Offering an unparalleled blend of modern coastal luxury and serene tranquility, this one-of-a-kind sanctuary is nestled within one of Bay Park's most coveted and accessible enclaves.

Mortgage Calculator

Est. Monthly Payment

$8,559

Principal & Interest$6,944
Property Tax$1,250
Insurance$365
%($250,000)
%
Loan Term

Location

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Investment Score

2D
Est. Monthly Rent
$3,553

11 leases of 2-bed houses within 2 mi · $3,348–$4,461

Blended 50/50 with the zip's market median ($3,165)

Monthly Cashflow

Rent − PITIA

-$5,006
Full Cashflow

Incl. vacancy, PM, maint, capex

-$6,865

What would make this work?

$6,865/mo short at 20% down; 100% down or +$8,916/mo rent closes it.

Break-even price

72% under asking

$356,191
Break-even rent

$8,916/mo above the estimate

$12,469/mo
Cashflow at 35% down
−$5,563/mo
Down payment to break even

$1,250,000 cash

100%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$6,944
Cap Rate
0.25%
Cash-on-Cash
-32.95%
DSCR

Need ≥ 1.25 for DSCR loan

0.42

NOI (Annual)
$3,082
Price-to-Rent

Lower = better for investors

29.3

* Modelled at 20% down, 7.43% 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.

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DCashflow−$6,865/mo