3920 Crown Point Dr
Ctop 80%San Diego, CA 92109
149 licensed short-term rentals within ½ mile (108 whole home), from the cities' license and permit lists of Nov 6, 2026.
No unit in this 4-unit complex holds a short-term rental license, so nothing shows its HOA allows them. Get the CC&Rs before counting on short-term income.
Pass at asking: -$8,136/mo full cashflow at 20% down, 7.43% rate.
Works at $610,708 (63% under asking), or at 91% down.
Rent $6,481/mo from 9 leases of 3–5 bed condos & townhomes within 2 mi ($5,537–$7,019).
Beds
4
Baths
3
Sqft
1,666
Year Built
1993
Days on Market
2
Property Type
Townhouse
HOA/mo
$300
MLS ID
260025788SD
This property is in San Diego (92109). View neighborhood stats →
About This Property
Gorgeous Bay Views await at 3920 Crown Point Drive. This 4 bedroom, 3 full bathroom, 1,666 square foot townhome has it all! Bay Views, Air Conditioning, 2 car attached garage, private laundry, 3 view decks, new flooring, and freshly painted throughout. The community is a small, private 4 unit townhome community on a quiet street with easy street parking. Crown Point Park and the bayside boardwalk is 1 block to the south. Views are southeasterly over the bay toward Bay Park and Downtown San Diego. Neighborhood info: Crown Point is coveted for its miles of bayside boardwalk, perfect for walking/biking. Neighborhood restaurants & coffee shops a short walk away. The views are over the Kendall-Frost Mission Bay Marsh Reserve: a living 40 acre protected nature preserve home to 160 species of birds, some endangered. A bird lover's paradise! // Small 4 unit community has low HOA. Monthly HOA covers water. // Buyer Answers: 30 day minimum for rentals.
Mortgage Calculator
Est. Monthly Payment
$11,735
Location
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Zoned Schools
Elementary
Crown Point 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
$6,481
Comp Average
$5,329
2114 Felspar
4bd / 3ba · 1,800 sqft · Condo
$1.70M
Est. $6,611/mo
974 Sapphire Street
3bd / 3.5ba · 1,300 sqft · Townhouse
$1.57M
Est. $5,009/mo
978 Sapphire Street
3bd / 3.5ba · 1,300 sqft · Townhouse
$1.57M
Est. $5,009/mo
976 Sapphire Street
3bd / 3.5ba · 1,300 sqft · Townhouse
$1.70M
Est. $5,009/mo
972 Sapphire Street
3bd / 3.5ba · 1,300 sqft · Townhouse
$1.70M
Est. $5,009/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
9 leases of 3–5 bed condos & townhomes within 2 mi · $5,537–$7,019
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$8,136/mo short at 20% down; 91% down or +$10,566/mo rent closes it.
- Break-even price
- $610,708
- Break-even rent
- $17,047/mo
- Cashflow at 35% down
- −$6,396/mo
- Down payment to break even
- 91%
- Rate to break even
- Not reachable
63% under asking
$10,566/mo above the estimate
$1,519,700 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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