3784 8th Ave
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3784 8th Ave

Ctop 80%

San Diego, CA 92103

$2,450,000
STR-eligible · San Diego Tier 3 · TOT 12.75%

One license per person in San Diego: whether you can hold it depends on you, not only the home.

110 licensed short-term rentals within ½ mile (82 whole home), from the cities' license and permit lists of Nov 2, 2026.

Pass at asking: -$13,298/mo full cashflow at 20% down, 7.49% rate.

Works at $726,020 (70% under asking), or at 98% down.

Rent $7,273/mo from 24 leases of 3–5 bed houses within 2 mi ($6,104–$7,931).

Beds

4

Baths

3.5

Sqft

2,791

Year Built

2017

Days on Market

45

Property Type

Single Family

HOA/mo

N/A

MLS ID

260022744SD

This property is in San Diego (92103). View neighborhood stats →

Virtual Tour

About This Property

From the moment the door opens, Bridge House challenges what you thought you knew about residential architecture. Built by Architects Magnus, soaring wood-beam ceilings draw your eyes upward, while floor-to-ceiling glass dissolves the line between interior and sky. On the main level, a high-end kitchen with a clever sliding butler's door flows into open living spaces. Retract the expansive sliding patio doors and the living room simply becomes part of the outdoors. Downstairs, two en-suite bedrooms each offer an expansive bath with soaking tub. The primary suite adds a built-in wet bar and direct access to the lower deck, blurring the line between bedroom and backyard. Outside is a private, Zen-like sanctuary: a waterfall cascading into the spa; a koi pond framed by the shaded lower deck, and an elevated terrace for soaking up the San Diego sun. Host from the outdoor kitchen or unwind by the fireplace under the stars. A full guest suite above the garage, with its own private entrance and bathroom, offers a sophisticated retreat for visitors or a quiet creative studio/flex space. Solar-powered and finished with an uncompromising eye for detail, Bridge House is a rare gem that photos simply can't capture. The incredible location near Whole Foods, bars, restaurants, and more provides a walkable and convenient lifestyle in the heart of Hillcrest without sacrificing your living space. Come see and feel the light and the flow in person - this is what modern living in the heart of the city is supposed to feel like!

Mortgage Calculator

Est. Monthly Payment

$16,856

Principal & Interest$13,691
Property Tax$2,450
Insurance$715
%($490,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Florence Elementary · grades PK-5 · San Diego Unified

  • Middle

    Roosevelt International Middle · grades 6-8 · San Diego Unified

  • High

    San Diego 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.

Investment Score

4C
Est. Monthly Rent
$7,273

24 leases of 3–5 bed houses within 2 mi · $6,104–$7,931

Blended 50/50 with the zip's market median ($7,418)

Monthly Cashflow

Rent − PITIA

-$9,583
Full Cashflow

Incl. vacancy, PM, maint, capex

-$13,298

What would make this work?

$13,298/mo short at 20% down; 98% down or +$17,270/mo rent closes it.

Break-even price

70% under asking

$726,020
Break-even rent

$17,270/mo above the estimate

$24,543/mo
Cashflow at 35% down
−$10,731/mo
Down payment to break even

$2,401,000 cash

98%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$13,691
Cap Rate
0.37%
Cash-on-Cash
-32.57%
DSCR

Need ≥ 1.25 for DSCR loan

0.43

NOI (Annual)
$9,086
Price-to-Rent

Lower = better for investors

28.1

* 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−$13,298/mo