4220 Overlook Dr
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4220 Overlook Dr

Btop 30%

San Diego, CA 92115

$799,900
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.

23 licensed short-term rentals within ½ mile (6 whole home), from the cities' license and permit lists of Nov 3, 2026.

Pass at asking: -$3,192/mo full cashflow at 20% down, 7.49% rate.

Works at $385,982 (52% under asking), or at 78% down.

Rent $3,867/mo from 9 leases of 3-bed houses within 1 mi ($3,507–$3,861).

Beds

3

Baths

2

Sqft

1,292

Year Built

1948

Days on Market

0

Property Type

Single Family

HOA/mo

N/A

MLS ID

260026108SD

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

About This Property

JUST IN TIME FOR THE HOLIDAYS—IMAGINE CELEBRATING THANKSGIVING, CHRISTMAS & NEW YEAR'S IN YOUR BRAND NEW HOME! STOP SCROLLING. PRICED AGGRESSIVELY AT ONLY $799,900! WHY WAIT ANY LONGER? THE MOMENT FOR YOUR FAMILY IS RIGHT NOW! THIS IS HANDS DOWN THE MOST BEAUTIFULLY UPDATED MOVE-IN READY SINGLE-LEVEL GEM IN THE HEART OF EL CERRITO & COLLEGE AREA—OFFERING 1,292 SQFT OF BRIGHT OPEN-CONCEPT LIVING SPACE—3 SPACIOUS BEDROOMS—2 FULL BATHROOMS—MODERN FINISHES THROUGHOUT—UPDATED KITCHEN WITH STAINLESS STEEL APPLIANCES—100% FULLY PAID SOLAR PANELS THAT DRASTICALLY SLASH MONTHLY UTILITY BILLS AND PUT MORE CASH DIRECTLY IN YOUR POCKET STARTING DAY ONE—MASSIVE FUTURE VALUE-ADD POTENTIAL FEATURING DUAL ADU POSSIBILITIES WITH A DETACHED 2-CAR GARAGE PLUS A VERSATILE BONUS ROOM WITH PRIVATE BACKYARD ACCESS PERFECT FOR A HOME OFFICE, GYM, GAME ROOM, OR SECONDARY LIVING UNIT (BUYER TO VERIFY ALL PERMITS AND USES WITH THE CITY)—LARGE FUNCTIONAL DRIVEWAY WITH POTENTIAL RV PARKING—PRIVATE FENCED BACKYARD PERFECT FOR RELAXING & ENTERTAINING GUESTS—NO HOA AND NO MELLO-ROOS—PRIME LOCATION JUST MINUTES FROM SDSU, TARGET, TRADER JOE'S, STARBUCKS, WALMART, IN-N-OUT, SAM'S CLUB, TRENDY DINING & ENTERTAINMENT—CONVENIENT FREEWAY ACCESS TO THE 8, 15, 805 & 94 WITH DOWNTOWN SAN DIEGO, CORONADO & BALBOA PARK WITHIN EASY REACH—HIGH-DEMAND OPPORTUNITY—MULTIPLE OFFERS EXPECTED—DON'T WAIT—GIVE YOUR FAMILY THE ULTIMATE HOLIDAY GIFT— JUST IN TIME FOR THE HOLIDAYS—IMAGINE CELEBRATING THANKSGIVING, CHRISTMAS & NEW YEAR'S IN YOUR BRAND NEW HOME! STOP SCROLLING. PRICED AGGRESSIVELY AT ONLY $799,900! WHY WAIT ANY LONGER? THE MOMENT FOR YOUR FAMILY IS RIGHT NOW! THIS IS HANDS DOWN THE MOST BEAUTIFULLY UPDATED MOVE-IN READY SINGLE-LEVEL GEM IN THE HEART OF EL CERRITO & COLLEGE AREA—OFFERING 1,292 SQFT OF BRIGHT OPEN-CONCEPT LIVING SPACE—3 SPACIOUS BEDROOMS—2 FULL BATHROOMS—MODERN FINISHES THROUGHOUT—UPDATED KITCHEN WITH STAINLESS STEEL APPLIANCES—100% FULLY PAID SOLAR PANELS THAT DRASTICALLY SLASH MONTHLY UTILITY BILLS AND PUT MORE CASH DIRECTLY IN YOUR POCKET STARTING DAY ONE—MASSIVE FUTURE VALUE-ADD POTENTIAL FEATURING DUAL ADU POSSIBILITIES WITH A DETACHED 2-CAR GARAGE PLUS A VERSATILE BONUS ROOM WITH PRIVATE BACKYARD ACCESS PERFECT FOR A HOME OFFICE, GYM, GAME ROOM, OR SECONDARY LIVING UNIT (BUYER TO VERIFY ALL PERMITS AND USES WITH THE CITY)—LARGE FUNCTIONAL DRIVEWAY WITH POTENTIAL RV PARKING—PRIVATE FENCED BACKYARD PERFECT FOR RELAXING & ENTERTAINING GUESTS—NO HOA AND NO MELLO-ROOS—PRIME LOCATION JUST MINUTES FROM SDSU, TARGET, TRADER JOE'S, STARBUCKS, WALMART, IN-N-OUT, SAM'S CLUB, TRENDY DINING & ENTERTAINMENT—CONVENIENT FREEWAY ACCESS TO THE 8, 15, 805 & 94 WITH DOWNTOWN SAN DIEGO, CORONADO & BALBOA PARK WITHIN EASY REACH—HIGH-DEMAND OPPORTUNITY—MULTIPLE OFFERS EXPECTED—DON'T WAIT—GIVE YOUR FAMILY THE ULTIMATE HOLIDAY GIFT.

Mortgage Calculator

Est. Monthly Payment

$5,503

Principal & Interest$4,470
Property Tax$800
Insurance$233
%($159,980)
%
Loan Term

Location

Loading map...

Zoned Schools

  • Elementary

    Pendleton Elementary · grades K-5 · San Diego Unified

  • Middle

    Mann Middle · grades 6-8 · San Diego Unified

  • High

    Crawford 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

41B
Est. Monthly Rent
$3,867

9 leases of 3-bed houses within 1 mi · $3,507–$3,861

Blended 50/50 with the zip's market median ($4,152)

Monthly Cashflow

Rent − PITIA

-$1,636
Full Cashflow

Incl. vacancy, PM, maint, capex

-$3,192

What would make this work?

$3,192/mo short at 20% down; 78% down or +$4,145/mo rent closes it.

Break-even price

52% under asking

$385,982
Break-even rent

$4,145/mo above the estimate

$8,012/mo
Cashflow at 35% down
−$2,354/mo
Down payment to break even

$623,922 cash

78%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$4,470
Cap Rate
2.21%
Cash-on-Cash
-23.94%
DSCR

Need ≥ 1.25 for DSCR loan

0.70

NOI (Annual)
$17,657
Price-to-Rent

Lower = better for investors

17.2

* Modelled at 20% down, 7.49% 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.

Open Full Calculator
BCashflow−$3,192/mo