3721 Strandway
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3721 Strandway

D

San Diego, CA 92109

$2,995,000
NEW — 2d

Soft Appraisal Value: $2,882,400 · 3.9% above estimate

Beds

3

Baths

3

Sqft

1,433

Year Built

2003

Days on Market

2

Property Type

Single Family

HOA/mo

N/A

MLS ID

260012783SD

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

About This Property

Located in the most desirable pocket of Mission Beach, this fully renovated 3-bedroom, 3-bathroom home offers an exceptional coastal lifestyle just one home from the ocean. Spanning three levels, the residence features a functional, well-designed layout with abundant natural light, quality finishes, and multiple outdoor spaces. The home has been extensively updated with a clean, modern coastal design while maintaining a comfortable and highly livable feel. Each bedroom is positioned on it's own floor, and features it's own private en-suite bathroom. All new appliances including a 6 burner gas range, soft close built-in microwave, stacked laundry, and individually zoned mini-split units for heating and air conditioning. Enjoy both ocean and bay views, 10/10 walkability to Pacific & Mission Beach’s best restaurants, coffee shops, fitness studios, and local boutiques, along with immediate access to both the beach and bay. Opportunities to own a turnkey property in this location are extremely limited, especially with this level of renovation, proximity to the water, and overall lifestyle appeal.

Mortgage Calculator

Est. Monthly Payment

$19,013

Principal & Interest$15,144
Property Tax$2,995
Insurance$874
%($599,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$7,301
Monthly Cashflow

Rent − PITIA

$-11,712
Full Cashflow

Incl. vacancy, PM, maint, capex

$-15,887

Mortgage (P+I)
$15,144
Cap Rate
-0.30%
Cash-on-Cash
-31.83%
DSCR

Need ≥ 1.25 for DSCR loan

0.38
Break-even Rent
$27,934

NOI (Annual)
$-8,917
Price-to-Rent

Lower = better for investors

34.2

* 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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