4321 Clairemont Mesa Blvd
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4321 Clairemont Mesa Blvd

C

San Diego, CA 92117

$1,699,000
NEW — 2d

Soft Appraisal Value: $1,646,900 · 3.2% above estimate

Beds

4

Baths

2

Sqft

1,496

Year Built

1967

Days on Market

2

Property Type

Single Family

HOA/mo

N/A

MLS ID

260016920SD

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

About This Property

Exceptional investment and development opportunity! This income-producing property features a beautifully remodeled duplex, renovated in 2025, with two spacious 2-bedroom, 1-bath units of approximately 1500 sqft. The property is fully leased with stable tenants generating $7,000 per month in current rental income. Included with the sale are fully approved plans for a new 3,500 sq. ft. four-unit ADU development consisting of four 2-bedroom, 1-bath units and six on-site parking spaces. Upon completion, the property will offer a total of six residential units, creating outstanding income potential and long-term value. A rare opportunity for investors to acquire a turnkey income property with shovel-ready expansion plans already approved, minimizing entitlement risk and accelerating the path to increased cash flow. Buyer to verify all permits, plans, square footage, and development potential with the appropriate agencies.

Mortgage Calculator

Est. Monthly Payment

$10,786

Principal & Interest$8,591
Property Tax$1,699
Insurance$496
%($339,800)
%

Location

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Investment Score

0D
Est. Monthly Rent
$2,968
Monthly Cashflow

Rent − PITIA

$-7,818
Full Cashflow

Incl. vacancy, PM, maint, capex

$-9,917

Mortgage (P+I)
$8,591
Cap Rate
-0.94%
Cash-on-Cash
-35.02%
DSCR

Need ≥ 1.25 for DSCR loan

0.28
Break-even Rent
$15,847

NOI (Annual)
$-15,906
Price-to-Rent

Lower = better for investors

47.7

* 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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