4304 Del Mar Avenue
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4304 Del Mar Avenue

D

San Diego, CA 92107

$1,895,000
NEW — 3d

Soft Appraisal Value: $1,841,100 · 2.9% above estimate

Beds

3

Baths

2

Sqft

1,194

Year Built

1942

Days on Market

3

Property Type

Single Family

HOA/mo

N/A

MLS ID

PTP2603803

This property is in San Diego (92107). View neighborhood stats →

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About This Property

Rare opportunity to purchase a charming home on a 7,000 sf corner lot in Point Loma Heights. Locals will know this home for its beautiful landmark ficus tree that has graced the neighborhood for decades. The lush landscaping that frames this home has been a labor of love. Inside, the home is precious and perfect in every way from the hardwood floors, to the brick fireplace, and the crown mouldings and to the beautiful windows. The dining room is a cozy retreat with french doors leading to the brick patio. The kitchen has been remodeled and boasts newer appliances. The den and office could serve as a bedroom, an office or a home gym. The rear yard backs to the alley allowing for possible expansion in the form of an ADU or new garage!

Mortgage Calculator

Est. Monthly Payment

$12,030

Principal & Interest$9,582
Property Tax$1,895
Insurance$553
%($379,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$5,261
Monthly Cashflow

Rent − PITIA

$-6,769
Full Cashflow

Incl. vacancy, PM, maint, capex

$-9,558

Mortgage (P+I)
$9,582
Cap Rate
0.02%
Cash-on-Cash
-30.26%
DSCR

Need ≥ 1.25 for DSCR loan

0.44
Break-even Rent
$17,674

NOI (Annual)
$286
Price-to-Rent

Lower = better for investors

30.0

* 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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