4046 Mahaila Ave Uni D

4046 Mahaila Ave Uni D

Ctop 80%

San Diego, CA 92122

$925,000
STR: check · no permits in this complex · TOT 12.75%

7 licensed short-term rentals within ½ mile (5 whole home), from the cities' license and permit lists of Nov 7, 2026.

No unit in this 80-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: -$4,133/mo full cashflow at 20% down, 7.43% rate.

Works at $386,842 (58% under asking), or at 85% down.

Rent $4,564/mo from 29 leases of 2–4 bed condos & townhomes within 0.5 mi ($4,289–$4,776).

Beds

3

Baths

3

Sqft

1,719

Year Built

1979

Days on Market

—

Property Type

Condo

HOA/mo

$543

MLS ID

260024659SD

This property is in San Diego (92122). View neighborhood stats →

About This Property

Live Your Best Life at La Jolla Village Park! Enjoy this highly desirable, bright, and spacious corner-unit townhome, ideally located near UCSD, UTC shopping, restaurants, and La Jolla beaches. This inviting split-level home features 3 bedrooms, 2.5 bathrooms, and a bonus room that can serve as a fourth bedroom. The open floor plan includes a formal living room with a cozy fireplace and a separate dining area perfect for entertaining. Additional highlights include a two-car attached garage, abundant natural light, and community amenities such as a swimming pool, tennis courts, and racquetball courts. A wonderful opportunity to enjoy the best of San Diego living!

Mortgage Calculator

Est. Monthly Payment

$6,877

Principal & Interest$5,139
Property Tax$925
Insurance$270
HOA$543
%($185,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Doyle Elementary · grades K-5 · San Diego Unified

  • Middle

    Standley Middle · grades 6-8 · San Diego Unified

  • High

    University City 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

25C
Est. Monthly Rent
$4,564

29 leases of 2–4 bed condos & townhomes within 0.5 mi · $4,289–$4,776

Blended 50/50 with the zip's market median ($4,684)

Monthly Cashflow

Rent − PITIA

-$2,313
Full Cashflow

Incl. vacancy, PM, maint, capex

-$4,133

What would make this work?

$4,133/mo short at 20% down; 85% down or +$5,368/mo rent closes it.

Break-even price

58% under asking

$386,842
Break-even rent

$5,368/mo above the estimate

$9,932/mo
Cashflow at 35% down
−$3,170/mo
Down payment to break even

$786,250 cash

85%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$5,139
Cap Rate
1.60%
Cash-on-Cash
-26.81%
DSCR

Need ≥ 1.25 for DSCR loan

0.66

NOI (Annual)
$14,804
Price-to-Rent

Lower = better for investors

16.9

* 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−$4,133/mo