
3939 Santa Cruz
Ctop 80%San Diego, CA 92107
One license per person in San Diego: whether you can hold it depends on you, not only the home.
33 licensed short-term rentals within ½ mile (18 whole home), from the cities' license and permit lists of Nov 13, 2026.
Pass at asking: -$9,662/mo full cashflow at 20% down, 7.36% rate.
Works at $634,677 (67% under asking), or at 94% down.
Rent $6,299/mo from 11 leases of 3-bed houses within 1 mi ($5,735–$6,238).
Beds
3
Baths
2
Sqft
1,727
Year Built
1955
Days on Market
1
Property Type
Single Family
HOA/mo
N/A
MLS ID
260026911SD
This property is in San Diego (92107). View neighborhood stats →
About This Property
Beautifully reimagined and extensively remodeled, this exceptional home is ideally located along the border of Point Loma and Ocean Beach, offering the best of coastal San Diego living on a rare for the area cul-de-sac perfect for young families. Thoughtfully updated throughout, the home features a completely remodeled kitchen and bathrooms, new engineered hardwood flooring, smooth-finish walls, and fresh interior paint. The attached bonus room adds valuable versatility and is complete with a stylish bar, creating the perfect setting for entertaining. Step outside to a beautifully designed backyard retreat featuring a built-in barbecue, mini fridge, sink, inviting fire pit, and grassy area perfect for kids. Adding to the appeal is a fully finished detached backyard studio, offering a versatile space ideal for a home office, creative workspace, or private escape. With extensive upgrades, flexible living spaces, and an enviable location between Point Loma and Ocean Beach, this move-in-ready home captures the essence of the Southern California coastal lifestyle.
Mortgage Calculator
Est. Monthly Payment
$12,930
Location
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Zoned Schools
Elementary
Silver Gate Elementary · grades K-4 · San Diego Unified
Middle
Correia Middle · grades 7-8 · San Diego Unified
High
Point Loma 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
$6,299
Comp Average
$6,157
4145 Narragansett Ave
3bd / 3.5ba · 1,456 sqft · Single Family
$1.75M
Est. $6,047/mo
4523 Muir Ave
3bd / 2.5ba · 1,687 sqft · Single Family
$1.98M
Est. $6,650/mo
3805 Atascadero Dr
3bd / 2ba · 1,680 sqft · Single Family
$1.77M
Est. $5,884/mo
4761 Bermuda Avenue
3bd / 2.5ba · 1,530 sqft · Single Family
$1.95M
Est. $6,176/mo
4637 Del Mar Ave
4bd / 2ba · 1,649 sqft · Single Family
$2.50M
Est. $6,026/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
11 leases of 3-bed houses within 1 mi · $5,735–$6,238
Blended 50/50 with the zip's market median ($6,454)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$9,662/mo short at 20% down; 94% down or +$12,549/mo rent closes it.
- Break-even price
- $634,677
- Break-even rent
- $18,848/mo
- Cashflow at 35% down
- −$7,698/mo
- Down payment to break even
- 94%
- Rate to break even
- Not reachable
67% under asking
$12,549/mo above the estimate
$1,785,060 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.36% 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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