4015 Crown Point Dr. #310
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4015 Crown Point Dr. #310

Ctop 80%

San Diego, CA 92109

$949,000
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.

124 licensed short-term rentals within ½ mile (88 whole home), from the cities' license and permit lists of Nov 10, 2026.

1 short-term rental license on file in this 76-unit complex, so its HOA has allowed them. Confirm in the CC&Rs: an HOA can ban stays under 30 days (Civ. Code §4741).

Pass at asking: -$4,966/mo full cashflow at 20% down, 7.43% rate.

Works at $302,438 (68% under asking), or at 96% down.

Rent $4,232/mo from 8 leases of 2-bed condos & townhomes within 0.5 mi ($3,183–$5,081).

Beds

2

Baths

2

Sqft

973

Year Built

1973

Days on Market

103

Property Type

Condo

HOA/mo

$936

MLS ID

260018513SD

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

Virtual Tour

About This Property

Wake up to breathtaking Mission Bay views in this beautiful 2-bedroom, 2-bath condo nestled in the heart of Crown Point. Filled with natural light and coastal charm, this move-in-ready home offers panoramic bay views from the living room, private balcony, and both bedrooms! The open-concept floor plan is designed for comfortable everyday living and effortless entertaining, seamlessly connecting the living and dining areas to a spacious private balcony. Ideally located just steps from Mission Bay, beaches, waterfront parks, scenic walking, biking paths, restaurants, cafés, and shopping, you'll enjoy the laid-back coastal lifestyle. Stop by today...

Mortgage Calculator

Est. Monthly Payment

$7,434

Principal & Interest$5,272
Property Tax$949
Insurance$277
HOA$936
%($189,800)
%
Loan Term

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.

Investment Score

7C
Est. Monthly Rent
$4,232

8 leases of 2-bed condos & townhomes within 0.5 mi · $3,183–$5,081

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$3,202
Full Cashflow

Incl. vacancy, PM, maint, capex

-$4,966

What would make this work?

$4,966/mo short at 20% down; 96% down or +$6,450/mo rent closes it.

Break-even price

68% under asking

$302,438
Break-even rent

$6,450/mo above the estimate

$10,682/mo
Cashflow at 35% down
−$3,978/mo
Down payment to break even

$911,040 cash

96%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$5,272
Cap Rate
0.65%
Cash-on-Cash
-31.40%
DSCR

Need ≥ 1.25 for DSCR loan

0.57

NOI (Annual)
$6,209
Price-to-Rent

Lower = better for investors

18.7

* 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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CCashflow−$4,966/mo