
3786 Strandway #2
Dbottom 20%San Diego, CA 92109
685 licensed short-term rentals within ½ mile (578 whole home), from the cities' license and permit lists of Nov 10, 2026.
Pass at asking: -$13,127/mo full cashflow at 20% down, 7.43% rate.
Works at $440,659 (80% under asking); even all cash loses money at asking.
Rent $4,396/mo from 13 leases of 1–3 bed condos & townhomes within 1 mi ($3,592–$5,663).
Beds
2
Baths
2.5
Sqft
1,091
Year Built
2008
Days on Market
45
Property Type
Condo
HOA/mo
N/A
MLS ID
260023520SD
This property is in San Diego (92109). View neighborhood stats →
About This Property
Imagine owning the ultimate beachfront sanctuary where you command panoramic Pacific Ocean views without sacrificing an ounce of privacy. Perfectly positioned just steps from the sand in the vibrant heart of Mission Beach, this exceptional 2-bed 2.5-bath coastal retreat delivers a luxurious, sun drenched living experience. Spanning 1,091 square feet of sleek, contemporary design, the residence captures breathtaking, unobstructed coastline and sunset vistas over the boardwalk while remaining elegantly elevated. The top floor boasts a premium kitchen with high end appliances that flows effortlessly into a spacious living area, a dedicated office space, and out onto a covered balcony where the ocean breeze awaits. Downstairs, both bedrooms serve as private retreats with their own ensuite baths, while another covered balcony offers a quiet place to sip your morning coffee. The home is meticulously finished and includes the ultimate coastal luxury of an attached two car garage. Whether you are looking for a turnkey vacation rental with incredible income potential, a primary beach haven, or a flexible compound with the ability to connect to the adjoining unit, this is your chance to capture the quintessential Southern California lifestyle. Step out your front door and instantly immerse yourself in the surf, dining, and vibrant energy of the boardwalk.
Mortgage Calculator
Est. Monthly Payment
$14,721
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.
Comparable Properties
5 comps foundThis Property
$4,396
Comp Average
$4,638

802 Ostend Ct
3bd / 3ba · 1,179 sqft · Townhouse
$1.68M
Est. $5,757/mo
2999 Ocean Front Walk
2bd / 2ba · 1,087 sqft · Condo
$2.30M
Est. $3,901/mo
1235 Parker Pl
2bd / 2ba · 1,034 sqft · Condo
$1.50M
Est. $4,213/mo
4767 Ocean Boulevard
2bd / 2ba · 1,191 sqft · Condo
$1.65M
Est. $5,251/mo
3243 Ocean Front Walk
2bd / 2ba · 972 sqft · Condo
$1.30M
Est. $4,066/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Short-term not available here. Mission Beach (Tier 4) is capped and full, with a waitlist. See the rules
Investment Score
13 leases of 1–3 bed condos & townhomes within 1 mi · $3,592–$5,663
Blended 50/50 with the zip's market median ($4,259)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$13,127/mo short at 20% down; +$17,048/mo rent closes it.
- Break-even price
- $440,659
- Break-even rent
- $21,444/mo
- Cashflow at 35% down
- −$10,888/mo
- Down payment to break even
- Not reachable
- Rate to break even
- Not reachable
80% under asking
$17,048/mo above the estimate
Negative even all-cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.43% 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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