4251 Moraga Avenue
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4251 Moraga Avenue

Ctop 80%

San Diego, CA 92117

$1,229,000
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.

30 licensed short-term rentals within ½ mile (17 whole home), from the cities' license and permit lists of Nov 7, 2026.

Pass at asking: -$5,580/mo full cashflow at 20% down, 7.43% rate.

Works at $502,313 (59% under asking), or at 86% down.

Rent $5,011/mo from 10 leases of 3-bed houses within 1 mi ($4,556–$4,949).

Beds

3

Baths

2

Sqft

1,394

Year Built

1957

Days on Market

45

Property Type

Single Family

HOA/mo

N/A

MLS ID

260023127SD

This property is in San Diego (92117). View neighborhood stats →

About This Property

New price on one of the larger lots in Bay Ho. This 3-bed, 2-bath home sits on an oversized 7,300 sq ft lot in Clairemont’s 92117 zip code, with the major updates already handled. The remodeled kitchen pairs solid hickory cabinetry with cool adobe tile floors and opens directly to the dining and living spaces, an open flow that’s rare among the neighborhood’s 1950s homes. A new Samsung French-door refrigerator conveys. Every major system is current: dual-pane tempered windows, an updated electrical panel, an energy-efficient furnace and water heater, and a leased eight-panel solar system with battery backup. Both baths have walk-in showers and low-flow fixtures. Out back, you’ll find peekaboo ocean views and a terraced, irrigated orchard of Meyer lemon, Hass avocado, Cara Cara orange, and more. The lot leaves room to think bigger. Buyer to verify ADU or expansion potential. Zoned for Cadman Elementary, Marston Middle, and Clairemont High. Moraga’s wide frontage makes coming and going easy, with Mission Bay, Pacific Beach, and I-5 just minutes away.

Mortgage Calculator

Est. Monthly Payment

$8,415

Principal & Interest$6,828
Property Tax$1,229
Insurance$358
%($245,800)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Cadman Elementary · grades K-5 · San Diego Unified

  • Middle

    Marston Middle · grades 6-8 · San Diego Unified

  • High

    Clairemont 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

15C
Est. Monthly Rent
$5,011

10 leases of 3-bed houses within 1 mi · $4,556–$4,949

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$3,404
Full Cashflow

Incl. vacancy, PM, maint, capex

-$5,580

What would make this work?

$5,580/mo short at 20% down; 86% down or +$7,247/mo rent closes it.

Break-even price

59% under asking

$502,313
Break-even rent

$7,247/mo above the estimate

$12,258/mo
Cashflow at 35% down
−$4,300/mo
Down payment to break even

$1,056,940 cash

86%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$6,828
Cap Rate
1.46%
Cash-on-Cash
-27.24%
DSCR

Need ≥ 1.25 for DSCR loan

0.60

NOI (Annual)
$17,974
Price-to-Rent

Lower = better for investors

20.4

* 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−$5,580/mo