3694 Vista De La Bahia

Ctop 80%

San Diego, CA 92117

$1,077,000

NEW — 0d

Pass at asking: -$4,445/mo full cashflow at 20% down, 7.49% rate.

Works at $500,642 (54% under asking), or at 80% down.

Rent $5,015/mo from 9 leases of 2–4 bed houses within 1 mi ($4,731–$6,498).

Beds

Baths

Sqft

1,766

Year Built

1966

Days on Market

Property Type

Single Family

HOA/mo

N/A

MLS ID

260026234SD

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

About This Property

Spectacular Bay Park Fixer Opportunity! Prime location on a large corner lot with endless possibilities. Bring your design ideas to create your own masterpiece. Fantastic floor plan includes 3 Bedrooms, 2 Baths with approximately 1,776 square feet of living space. Large Living Room with fireplace and a formal Dining Room that can be expanded to open concept Kitchen or Family Room for entertaining family and friends. Backyard and a covered patio off Living Room can be used to create indoor-outdoor living space to enjoy the San Diego sunshine. The large lot sits on estimated 7,900 square feet with opportunity for a new modern landscape look. Great for families with 3 schools nearby serving K-12, community park and recreation center, wide range of neighborhood shopping and other amenities. Conveniently located minutes to I-5, local beaches and Mission Bay for walking, biking and picnics. Come see!

Mortgage Calculator

Est. Monthly Payment

$7,410

Principal & Interest$6,019

Property Tax$1,077

Insurance$314

Down Payment

%($215,400)

Interest Rate

Loan Term

Location

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Renovation math

Flagged Fixer from the listing remarks — “fixer”.

Asking now: $1.08M
Worth finished: $1.32M
Budget to renovate: $247,390

Comparable finished homes nearby suggest this is worth $1.32M once it's brought to par — about $247,390 above the asking price. That spread is your renovation budget before the deal stops working.

Rent once renovated

Rent at par: $5,437/mo
Cashflow at that rent: −$4,121/mo

Buying at asking and achieving par rent, excluding the renovation spend itself. We don't publish a current-condition rent: no listing remark says how much work a home needs, and mid-renovation it earns nothing.

Based on 5 comparable homes of the same property type and size currently listed nearby — asking prices and modelled rents, not closed sales. A contractor's scope, not this page, decides what a renovation actually costs.

Comparable Properties

5 comps found

This Property

$5,015

Comp Average

$5,126

3598 Argonne Street

4bd / 2ba · 1,581 sqft · Single Family

$1.05M

Est. $5,567/mo

4241 Mount Hukee Avenue

4bd / 3ba · 1,784 sqft · Single Family

$1.25M

Est. $5,455/mo

5333 Arlene St

3bd / 2ba · 1,600 sqft · Single Family

$1.20M

Est. $4,926/mo

5524 Norwich St

3bd / 2ba · 1,514 sqft · Single Family

$1.23M

Est. $4,785/mo

4616 Bay Summit Pl

3bd / 2.5ba · 1,827 sqft · Single Family

$1.44M

Est. $4,898/mo

Comps based on same zip code, similar beds (±1), price range (60-150%).

Investment Score

26C

Est. Monthly Rent

$5,015

9 leases of 2–4 bed houses within 1 mi · $4,731–$6,498

Blended 50/50 with the zip's market median ($4,761)

Monthly Cashflow

Rent − PITIA

-$2,395

Full Cashflow

Incl. vacancy, PM, maint, capex

-$4,445

What would make this work?

$4,445/mo short at 20% down; 80% down or +$5,773/mo rent closes it.

Break-even price: $500,642
Break-even rent: $10,788/mo
Cashflow at 35% down: −$3,317/mo
Down payment to break even: 80%
Rate to break even: Not reachable

Mortgage (P+I)

$6,019

Cap Rate

2.03%

Cash-on-Cash

-24.77%

DSCR

Need ≥ 1.25 for DSCR loan

0.68

NOI (Annual)

$21,886

Price-to-Rent

Lower = better for investors

17.9

* Modelled at 20% down, 7.49% 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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CCashflow−$4,445/mo