4337 Mentone Street
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4337 Mentone Street

D

San Diego, CA 92107

$2,095,000

Beds

Baths

Sqft

Year Built

1950

Days on Market

90

Property Type

Multi-Family

HOA/mo

N/A

MLS ID

250035353SD

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

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About This Property

****HIGHLY MOTIVATED SELLER *****Seller will consider $ 1,995,000.-- to $ 2,095,000.-- A remarkable and rare opportunity to own two distinct income producing properties (4 Units) on a SPACIOUS 6255 SF Lot perched on top of Mentone Street in Ocean Beach. The property offers a premium location, the ultimate coastal lifestyle close to breathtaking Sunset Cliffs. FRONT HOUSE: A single level spacious 2 bedroom, one bath with an attached garage and additional parking in driveway, built in 1950. BACK UNITS: 2 Townhomes built in 1976 , 2 large bedrooms, 1 1/2 baths, private decks. In addition there is a one story STUDIO with a bedroom and full shower. Newer units are Redwood framed, Copper Plumbing and Noise abating newer windows.

Mortgage Calculator

Est. Monthly Payment

$13,300

Principal & Interest$10,593
Property Tax$2,095
Insurance$611
%($419,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$3,259
Monthly Cashflow

Rent − PITIA

$-10,040
Full Cashflow

Incl. vacancy, PM, maint, capex

$-12,536

Mortgage (P+I)
$10,593
Cap Rate
-1.11%
Cash-on-Cash
-35.90%
DSCR

Need ≥ 1.25 for DSCR loan

0.25
Break-even Rent
$19,539

NOI (Annual)
$-23,309
Price-to-Rent

Lower = better for investors

53.6

* 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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