4229 Caminito Pintoresco
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4229 Caminito Pintoresco

Ctop 80%

San Diego, CA 92108

$1,029,000
NEW — 0d
STR: check · no permits on this tract · TOT 12.75%

8 licensed short-term rentals within ½ mile (2 whole home), from the cities' license and permit lists of Nov 3, 2026.

None of the 146 homes on this home's recorded tract 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: -$5,634/mo full cashflow at 20% down, 7.49% rate.

Works at $298,496 (71% under asking), or at 99% down.

Rent $4,003/mo from 10 leases of 2–4 bed condos & townhomes within 1 mi ($3,643–$4,036).

Beds

3

Baths

2

Sqft

1,748

Year Built

1977

Days on Market

0

Property Type

Townhouse

HOA/mo

$780

MLS ID

260026066SD

This property is in San Diego (92108). View neighborhood stats →

About This Property

Tucked away at the top of Kensington Park Villas, a gated community in the heart of San Diego, this beautiful home offers a rare combination of privacy, tranquility, and convenience in an extraordinary parklike setting. Surrounded by towering mature trees and lush greenery, the property feels like a peaceful retreat while remaining just minutes from everything central San Diego has to offer. Inside, soaring vaulted ceilings, abundant natural light, and an inviting open floor plan create a wonderful sense of space. The spacious living room features a striking fireplace and flows seamlessly into the dining area and kitchen, complete with rich wood cabinetry, granite countertops, and stainless steel appliances. Step outside to your private patio overlooking a picturesque, tree-lined landscape that feels like your very own backyard, offering an exceptional setting for morning coffee, outdoor dining, or simply enjoying the serenity of nature. The primary suite features vaulted ceilings and direct access to a private balcony surrounded by greenery. Residents enjoy beautifully maintained grounds, two community swimming pools, and the privacy of gated living. Best of all, you're just a short stroll from the charming streets of Kensington Village, with its beloved restaurants, coffee shops, and neighborhood favorites. A truly special opportunity to enjoy peaceful living in one of San Diego's most convenient central locations!

Mortgage Calculator

Est. Monthly Payment

$7,859

Principal & Interest$5,750
Property Tax$1,029
Insurance$300
HOA$780
%($205,800)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Franklin Elementary · grades K-5 · San Diego Unified

  • Middle

    Lewis Middle · grades 6-8 · San Diego Unified

    or Wilson Middle · grades 6-8 · San Diego Unified

    Choice area: the district lets families here pick either school.

  • High

    Henry High · grades 9-12 · San Diego Unified

    or Hoover High · grades 9-12 · San Diego Unified

    Choice area: the district lets families here pick either school.

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

4C
Est. Monthly Rent
$4,003

10 leases of 2–4 bed condos & townhomes within 1 mi · $3,643–$4,036

Blended 50/50 with the zip's market median ($4,158)

Monthly Cashflow

Rent − PITIA

-$3,856
Full Cashflow

Incl. vacancy, PM, maint, capex

-$5,634

What would make this work?

$5,634/mo short at 20% down; 99% down or +$7,318/mo rent closes it.

Break-even price

71% under asking

$298,496
Break-even rent

$7,318/mo above the estimate

$11,321/mo
Cashflow at 35% down
−$4,556/mo
Down payment to break even

$1,018,710 cash

99%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$5,750
Cap Rate
0.37%
Cash-on-Cash
-32.85%
DSCR

Need ≥ 1.25 for DSCR loan

0.51

NOI (Annual)
$3,792
Price-to-Rent

Lower = better for investors

21.4

* 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.

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CCashflow−$5,634/mo