4036 Loma Alta Dr
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4036 Loma Alta Dr

D

San Diego, CA 92115

$878,000

Soft Appraisal Value: $899,400 · 2.4% below estimate

Beds

3

Baths

1

Sqft

1,268

Year Built

1951

Days on Market

49

Property Type

Single Family

HOA/mo

N/A

MLS ID

260007001SD

This property is in San Diego (92115). View neighborhood stats →

Virtual Tour

About This Property

Beautifully updated 1951 midcentury bungalow in the heart of Rolando Park, blending iconic design with modern comfort. Buyers recently backed out at no fault of the property — their loss is your opportunity. Step inside a freshly painted exterior to a warm, light-filled living space anchored by a sculptural Malm Zircon fireplace and newly refinished hardwood floors. Large picture windows, curated color, and thoughtful styling create an inviting, magazine-worthy atmosphere. The renovated bathroom features Kohler hardware, Clé tile flooring, a custom concrete shower, and a handcrafted walnut vanity. The kitchen offers newer appliances, ample storage, and direct access to the backyard for easy indoor-outdoor living. A permitted garage conversion adds a second living area with parquet flooring — perfect as a den, studio, or playroom. Comfort upgrades include central heating and air, updated plumbing, new ceiling fans, and a high-speed EV charger. Both front and back yards have been transformed with drought-tolerant landscaping, new drainage, and a drip/sprinkler system. The backyard offers multiple outdoor living zones — lounge under the umbrella, relax in the hammock, gather around the fire pit, or garden on the terraced slope. Located on a 6,300 sq ft lot in a quiet pocket of Rolando Park, close to SDSU, shopping, dining, and freeway access. A rare blend of character, style, and function — this home is ready to fall in love with.

Mortgage Calculator

Est. Monthly Payment

$5,574

Principal & Interest$4,440
Property Tax$878
Insurance$256
%($175,600)
%

Location

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Investment Score

22D
Est. Monthly Rent
$3,332
Monthly Cashflow

Rent − PITIA

$-2,242
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,740

Mortgage (P+I)
$4,440
Cap Rate
0.96%
Cash-on-Cash
-25.56%
DSCR

Need ≥ 1.25 for DSCR loan

0.60
Break-even Rent
$8,189

NOI (Annual)
$8,400
Price-to-Rent

Lower = better for investors

22.0

* Defaults: 20% down, 6.5% rate, 30yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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