4266 Morrell
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4266 Morrell

C

San Diego, CA 92109

$1,696,000
NEW — 0d

Beds

3

Baths

2

Sqft

1,360

Year Built

1950

Days on Market

0

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2606695

This property is in San Diego (92109). View neighborhood stats →

Virtual Tour

About This Property

Crown Point beach house charmer! Welcome to 4266 Morrell an updated home with modern beach house vibes. Just blocks to Mission Bay it features alley access, plenty of parking with a large 4700 sqft lot that is perfect for future ADU development. Pay attention to the details and you will be impressed by the level of care that went into the design and layout of each part of the home and its upgrades to ensure form, function and aesthetic blend perfectly together. Boasting an outdoor surf-shower with hot and cold water ready for your return from the beach, a separate laundry / utility room perfect for cleaning up. A newly updated kitchen with high end appliances, restored hardwood flooring, a large master suite with custom cabinetry in the walk in closet and a large master bathroom with dual sink vanities will have you feeling like you're in a resort inside your own bedroom. The bedrooms are all well sized with large closets, an additional room that can be utilized as den, office, or lounge allows for multiple options for how to enjoy your home by the bay. There are upgrades and custom touches throughout the home making this a truly special place to call home. Updates include hardwired smoke detectors / carbon monoxide detectors, recently updated HVAC including central air with a smart thermostat, upgraded electric panel, ABS plumbing and sewer lateral, upgraded bathrooms, doors, dual pane windows and LED lighting throughout the home. The front yard has drought tolerant landscaping and plenty of off-street parking and room for larger vehicles to be stored through the alley access gate. Come view 4266 Morrell St today and see for yourself

Mortgage Calculator

Est. Monthly Payment

$10,767

Principal & Interest$8,576
Property Tax$1,696
Insurance$495
%($339,200)
%

Location

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Investment Score

7D
Est. Monthly Rent
$5,936
Monthly Cashflow

Rent − PITIA

$-4,831
Full Cashflow

Incl. vacancy, PM, maint, capex

$-7,610

Mortgage (P+I)
$8,576
Cap Rate
0.68%
Cash-on-Cash
-26.92%
DSCR

Need ≥ 1.25 for DSCR loan

0.55
Break-even Rent
$15,818

NOI (Annual)
$11,597
Price-to-Rent

Lower = better for investors

23.8

* 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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