3855 Southview
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3855 Southview

Ctop 80%

San Diego, CA 92117

$1,698,500
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.

25 licensed short-term rentals within ½ mile (16 whole home), from the cities' license and permit lists of Nov 11, 2026.

Pass at asking: -$6,754/mo full cashflow at 20% down, 7.43% rate.

Works at $819,069 (52% under asking), or at 78% down.

Rent $8,170/mo from 9 leases of 3–5 bed houses within 1 mi ($6,517–$8,904).

Beds

4

Baths

3

Sqft

2,702

Year Built

1963

Days on Market

138

Property Type

Single Family

HOA/mo

N/A

MLS ID

260015490SD

This property is in San Diego (92117). View neighborhood stats →

Virtual Tour

About This Property

Just blocks from the sparkling shoreline of Mission Bay, this beautifully remodeled home invites you into a lifestyle where coastal serenity meets elevated design, complete with panoramic sunset views! From the moment you step inside, natural light pours through expansive windows, illuminating rich engineered wood flooring and a thoughtfully designed floor plan. The first-floor living room welcomes you with a cozy fireplace and effortless indoor-outdoor connection, opening through sliding glass doors to a peaceful backyard retreat. At the heart of the home, the kitchen and dining area blend style and function in perfect harmony. Elegant cabinetry, a sleek tile backsplash, and quartz countertops are complemented by new stainless steel appliances, including a professional-grade six-burner stove and bar seating. Upstairs, a stunning family room becomes the true showpiece. Framed by wood-beamed cathedral ceilings and anchored by a second fireplace, this space opens to a private balcony with two separate entrances, where panoramic bay views and glowing sunsets take center stage. The primary suite is a sanctuary of its own, featuring a dramatic wood-beamed ceiling, a custom walk-in closet, and a spa-inspired ensuite bath with quartz countertops, Italian tile accents, and an oversized walk-in shower. Three additional bedrooms offer flexibility and comfort, including one with its own remodeled ensuite bath and private backyard access. Two of the bedrooms feature newly installed custom closet systems, blending organization with modern style. Step outside to a serene, low-maintenance backyard designed for relaxation and connection, complete with a covered pergola and fresh turf, perfect for entertaining or unwinding after a day by the water. An oversized garage with new epoxy flooring and a brand-new washer and dryer adds both convenience and polish, while recent upgrades, including fresh interior and exterior paint, new gutters, and a mini-split system in the primary suite, ensure peace of mind. All of this, just minutes from the energy of coastal dining, shopping, and easy freeway access, makes this home not just a place to live, but a place to truly experience the best of San Diego living.

Mortgage Calculator

Est. Monthly Payment

$11,630

Principal & Interest$9,436
Property Tax$1,699
Insurance$495
%($339,700)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Cadman Elementary · grades K-5 · San Diego Unified

  • Middle

    Marston Middle · grades 6-8 · San Diego Unified

  • High

    Clairemont 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

22C
Est. Monthly Rent
$8,170

9 leases of 3–5 bed houses within 1 mi · $6,517–$8,904

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$3,459
Full Cashflow

Incl. vacancy, PM, maint, capex

-$6,754

What would make this work?

$6,754/mo short at 20% down; 78% down or +$8,771/mo rent closes it.

Break-even price

52% under asking

$819,069
Break-even rent

$8,771/mo above the estimate

$16,941/mo
Cashflow at 35% down
−$4,985/mo
Down payment to break even

$1,324,830 cash

78%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$9,436
Cap Rate
2.18%
Cash-on-Cash
-23.86%
DSCR

Need ≥ 1.25 for DSCR loan

0.70

NOI (Annual)
$37,086
Price-to-Rent

Lower = better for investors

17.3

* 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.

Open Full Calculator
CCashflow−$6,754/mo