3709 Ocean Front Walk
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3709 Ocean Front Walk

Dbottom 20%

San Diego, CA 92109

$7,500,000
STR closed · Mission Beach cap full

718 licensed short-term rentals within ½ mile (608 whole home), from the cities' license and permit lists of Nov 13, 2026.

Pass at asking: -$51,339/mo full cashflow at 20% down, 7.36% rate.

Works at $782,187 (90% under asking); even all cash loses money at asking.

Rent $7,763/mo from 9 leases of 3-bed houses within 2 mi, same school area ($7,478–$8,653).

Beds

3

Baths

4.5

Sqft

2,519

Year Built

2006

Days on Market

46

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2608989

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

Virtual Tour

About This Property

Superbly appointed and intimately customized, this rare oceanfront residence offers an extraordinary opportunity to experience the quintessential Southern California lifestyle with elegance and ease. Completely reimagined to harmonize with its spectacular setting of sand, sky, and sea, the home blends sophisticated design, exceptional craftsmanship, and effortless indoor-outdoor living, all just steps from the beach. An expansive open-concept kitchen and living area, complete with an indoor spa, flows seamlessly onto a private boardwalk patio overlooking the endless stretch of golden sand and Pacific blue. Throughout the home, thoughtful design details create a sense of tranquility and understated luxury. Elegant interiors by Alexandra Angle are complemented by custom furnishings by Peter Hansen, with every space carefully curated for both comfort and aesthetic appeal. The primary suite opens to a private balcony directly above the iconic Mission Beach boardwalk, where the rhythm of the Pacific becomes part of everyday life. Watch dolphins glide through the waves just offshore as the sun sets over the water, creating an ever-changing backdrop of natural beauty. Here, the energy of the coast and the privacy of home exist in perfect balance. Behind the beauty is an uncompromising level of technology and convenience. A fully integrated home-control system manages lighting, shades, climate, security, and entertainment with ease. The residence features Miele appliances, a Wolf range, Sonos sound, Lutron lighting and shades, individual Nest thermostats throughout, EV charging, and a hardwired alarm and camera system. A dramatic transparent staircase is framed by an extraordinary arrangement of lush hanging plants, while an indoor window water feature brings an unexpected sense of tropical serenity to the main living space. A transformed bedroom has become an entertainer’s dream, featuring a full bar and a 12-person home theater—equally suited to lively gatherings or relaxed movie nights. Whether biking along the boardwalk, surfing the Pacific, watching dolphins from your balcony, hosting a sunset barbecue, or simply listening to the waves from home, this exceptional oceanfront residence offers an unparalleled opportunity to embrace the beauty, energy, and timeless allure of California coastal living.

Mortgage Calculator

Est. Monthly Payment

$51,067

Principal & Interest$41,379
Property Tax$7,500
Insurance$2,187
%($1,500,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Pacific Beach Elementary · grades PK-5 · San Diego Unified

  • Middle

    Pacific Beach Middle · grades 6-8 · San Diego Unified

  • High

    Mission Bay High · grades 9-12 · San Diego Unified

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Short-term not available here. Mission Beach (Tier 4) is capped and full, with a waitlist. See the rules

Investment Score

0D
Est. Monthly Rent
$7,763

9 leases of 3-bed houses within 2 mi, same school area · $7,478–$8,653

Monthly Cashflow

Rent − PITIA

-$43,303
Full Cashflow

Incl. vacancy, PM, maint, capex

-$51,339

What would make this work?

$51,339/mo short at 20% down; +$66,674/mo rent closes it.

Break-even price

90% under asking

$782,187
Break-even rent

$66,674/mo above the estimate

$74,437/mo
Cashflow at 35% down
−$43,580/mo
Down payment to break even

Negative even all-cash

Not reachable
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$41,379
Cap Rate
-1.53%
Cash-on-Cash
-41.07%
DSCR

Need ≥ 1.25 for DSCR loan

0.15

NOI (Annual)
-$114,856
Price-to-Rent

Lower = better for investors

80.5

* Modelled at 20% down, 7.36% 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−$51,339/mo