4079 Falcon
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4079 Falcon

D

San Diego, CA 92103

$1,999,000

Soft Appraisal Value: $1,943,500 · 2.9% above estimate

Beds

3

Baths

2

Sqft

2,134

Year Built

1913

Days on Market

9

Property Type

Single Family

HOA/mo

N/A

MLS ID

260011488SD

This property is in San Diego (92103). View neighborhood stats →

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About This Property

This is your opportunity to own a Mills Act home in historic Mission Hills! This is a timeless Mission Hills Craftsman blending historic charm with exceptional livability in one of San Diego’s most beloved neighborhoods. This spacious 3-bedroom home is filled with natural light and showcases the character buyers crave, including original woodwork, built-ins, period details, and generously sized rooms throughout. The updated kitchen features a Viking range, abundant counter space, extensive storage, and flows into the large dining room—perfect for entertaining and everyday living. The master offers two walk-in closets, including an oversized bonus space ideal for a home office, dressing room, or creative studio. Enjoy a large backyard, detached 2-car garage, solar, and rare extra-long driveway with ample off-street parking. Ideally located just moments from the Mission Hills Farmers Market, Grant K-8, Francis Parker, St. Vincent’s, local cafes, boutiques, parks, and dining, with quick access to freeways 5 and 163. A rare opportunity to own a classic Craftsman with an unbeatable walkable lifestyle in the heart of Mission Hills.

Mortgage Calculator

Est. Monthly Payment

$12,690

Principal & Interest$10,108
Property Tax$1,999
Insurance$583
%($399,800)
%

Location

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Investment Score

6D
Est. Monthly Rent
$6,764
Monthly Cashflow

Rent − PITIA

$-5,926
Full Cashflow

Incl. vacancy, PM, maint, capex

$-9,148

Mortgage (P+I)
$10,108
Cap Rate
0.58%
Cash-on-Cash
-27.46%
DSCR

Need ≥ 1.25 for DSCR loan

0.53
Break-even Rent
$18,644

NOI (Annual)
$11,525
Price-to-Rent

Lower = better for investors

24.6

* 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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