3786 Strandway
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3786 Strandway #2

D

San Diego, CA 92109

$2,520,000
NEW — 0d

Soft Appraisal Value: $2,476,500 · 1.8% above estimate

Beds

2

Baths

2.5

Sqft

1,091

Year Built

2008

Days on Market

0

Property Type

Condo

HOA/mo

N/A

MLS ID

260009543SD

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

About This Property

Experience exceptional coastal living in this stunning Pacific Beach residence just steps from the iconic boardwalk. Offering sweeping ocean views, this modern 2 bed, 2.5 bath home spans 1,091 sqft and showcases a sleek, contemporary design built in 2008. Thoughtfully designed with high-end appliances and designer finishes throughout, the open-concept layout is filled with natural light and perfectly positioned to capture the beauty of the coastline. Both bedrooms feature en-suite baths, providing comfort and privacy, while the main living area is ideal for entertaining or relaxing after a day at the beach. A 2-car garage offers a rare and valuable amenity in this prime coastal location. Currently operating as an active, high-producing Airbnb, this property presents an outstanding turnkey investment opportunity with strong income potential. Additionally, adjoining interior doors connect to Unit 1, offering flexibility for a seamless conversion into a larger single residence or multi-unit coastal retreat. Located in the heart of Pacific Beach, you’re just steps from the sand, surf, and vibrant energy of the boardwalk, with easy access to popular dining, nightlife, and outdoor activities. Whether you’re seeking an income-producing property, a vacation home, or a flexible coastal investment, this is a rare opportunity in one of San Diego’s most desirable beach communities. Experience exceptional coastal living in this stunning Pacific Beach residence just steps from the iconic boardwalk. Offering sweeping ocean views, this modern 2 bed, 2.5 bath home spans 1,091 sqft and showcases a sleek, contemporary design built in 2008. Thoughtfully designed with high-end appliances and designer finishes throughout, the open-concept layout is filled with natural light and perfectly positioned to capture the beauty of the coastline. Both bedrooms feature en-suite baths, providing comfort and privacy, while the main living area is ideal for entertaining or relaxing after a day at the beach. A 2-car garage offers a rare and valuable amenity in this prime coastal location. Currently operating as an active, high-producing Airbnb, this property presents an outstanding turnkey investment opportunity with strong income potential. Additionally, adjoining interior doors connect to Unit 1, offering flexibility for a seamless conversion into a larger single residence or multi-unit coastal retreat. Located in the heart of Pacific Beach, you’re just steps from the sand, surf, and vibrant energy of the boardwalk, with easy access to popular dining, nightlife, and outdoor activities. Whether you’re seeking an income-producing property, a vacation home, or a flexible coastal investment, this is a rare opportunity in one of San Diego’s most desirable beach communities.

Mortgage Calculator

Est. Monthly Payment

$15,997

Principal & Interest$12,742
Property Tax$2,520
Insurance$735
%($504,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$3,896
Monthly Cashflow

Rent − PITIA

$-12,101
Full Cashflow

Incl. vacancy, PM, maint, capex

$-15,098

Mortgage (P+I)
$12,742
Cap Rate
-1.12%
Cash-on-Cash
-35.95%
DSCR

Need ≥ 1.25 for DSCR loan

0.24
Break-even Rent
$23,503

NOI (Annual)
$-28,261
Price-to-Rent

Lower = better for investors

53.9

* 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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