4015 Crown Point

4015 Crown Point

Ctop 80%

San Diego, CA 92109

$625,000
NEW — 0d
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 13, 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: -$3,403/mo full cashflow at 20% down, 7.36% rate.

Works at $179,665 (71% under asking), or at 99% down.

Rent $2,832/mo from 15 leases of studio–2 bed condos & townhomes within 0.5 mi ($2,448–$3,524).

Beds

1

Baths

1

Sqft

674

Year Built

1973

Days on Market

0

Property Type

Condo

HOA/mo

$808

MLS ID

260026915SD

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

About This Property

Experience effortless coastal living in this beautifully remodeled, move-in-ready one-bedroom residence at Crown Point Villas. Sweeping views of Mission Bay and the surrounding natural landscape create an inviting backdrop for everyday life, while light-filled interiors and thoughtfully updated finishes make it easy to settle in and enjoy. A spacious private outdoor retreat extends the living area--perfect for morning coffee, colorful sunrises, and relaxed evenings overlooking the bay or watching Sea World fireworks. Beyond the view, the nearby Kendall-Frost Marsh offers a connection to nature, with abundant birdlife and an ever-changing coastal landscape. The long-term De Anza Natural plan envisions expanded wetlands and habitat restoration, including the future conversion of the Campland site, adding another compelling dimension to this special setting. Enjoy resort-style amenities including a year-round heated pool, spa, BBQ area, fitness room, and sauna. With bayfront walking and biking paths, parks, beaches, and Pacific Beach dining nearby, life here is as active or relaxed as you choose. An inviting coastal retreat where the comforts of home meet the best of the Crown Point lifestyle.

Mortgage Calculator

Est. Monthly Payment

$5,064

Principal & Interest$3,448
Property Tax$625
Insurance$182
HOA$808
%($125,000)
%
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

20C
Est. Monthly Rent
$2,832

15 leases of studio–2 bed condos & townhomes within 0.5 mi · $2,448–$3,524

Blended 50/50 with the zip's market median ($2,943)

Monthly Cashflow

Rent − PITIA

-$2,231
Full Cashflow

Incl. vacancy, PM, maint, capex

-$3,403

What would make this work?

$3,403/mo short at 20% down; 99% down or +$4,420/mo rent closes it.

Break-even price

71% under asking

$179,665
Break-even rent

$4,420/mo above the estimate

$7,252/mo
Cashflow at 35% down
−$2,757/mo
Down payment to break even

$618,750 cash

99%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$3,448
Cap Rate
0.36%
Cash-on-Cash
-32.67%
DSCR

Need ≥ 1.25 for DSCR loan

0.56

NOI (Annual)
$2,237
Price-to-Rent

Lower = better for investors

18.4

* 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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CCashflow−$3,403/mo