4242 Falcon St
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4242 Falcon St

C

San Diego, CA 92103

$2,549,999

Soft Appraisal Value: $2,644,200 · 3.6% below estimate

Beds

4

Baths

3.5

Sqft

3,076

Year Built

1982

Days on Market

45

Property Type

Single Family

HOA/mo

N/A

MLS ID

260009373SD

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

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About This Property

Perched at the very end of Falcon St in the prime San Diego community of Mission Hills, this exceptional custom home offers the perfect blend of comfort, efficiency, and stunning views. Inside, you'll find a 4-story custom layout with an abundance of natural light and useful spaces tucked around every corner. The primary suite features breath-taking canyon views and a tastefully remodeled bathroom. The 4th bedroom on the lowest level has its own bathroom and private entrance which could be rented out separately. The generously sized two-car garage also includes a separate office space with nature-filled views. Even the basement/crawl spaces are humongous and excellent places for storage or multi-use rooms. The exterior was designed to take full advantage of its natural surroundings, the home features four spacious decks, ideal for relaxing, entertaining, or simply soaking in the sweeping views and coastal breezes. Whether you're hosting guests or enjoying a quiet morning coffee, these outdoor spaces truly elevate the living experience. You’ll be pleased to know a new roof ($23k) and new fully paid-off Solar/Battery system ($62k) were installed only a year ago, providing energy savings and sustainability from day one. Located in one of San Diego's most desirable neighborhoods, this home is just minutes from top dining, shopping, parks, Old Town, Downtown, SD airport, and major freeways, while still preserving the timeless charm and serenity Mission Hills is known for. A rare opportunity to own a unique view property within one of San Diego's most sought after areas-

Mortgage Calculator

Est. Monthly Payment

$16,188

Principal & Interest$12,894
Property Tax$2,550
Insurance$744
%($510,000)
%

Location

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Investment Score

1D
Est. Monthly Rent
$7,316
Monthly Cashflow

Rent − PITIA

$-8,872
Full Cashflow

Incl. vacancy, PM, maint, capex

$-12,680

Mortgage (P+I)
$12,894
Cap Rate
0.10%
Cash-on-Cash
-29.83%
DSCR

Need ≥ 1.25 for DSCR loan

0.45
Break-even Rent
$23,783

NOI (Annual)
$2,572
Price-to-Rent

Lower = better for investors

29.0

* 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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