4337 Mentone Street
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4337 Mentone Street

C

San Diego, CA 92107

$2,095,000

Beds

Baths

Sqft

Year Built

1950

Days on Market

17

Property Type

Multi-Family

HOA/mo

N/A

MLS ID

260014169SD

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

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About This Property

Seller will consider $ 1,995,000.-- to $ 2,095,000.-- A remarkable and rare opportunity to own two distinct producing properties (4 Units) on a SPACIOUS 6255 SF Lot 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 the driveway, built 1950. BACK UNITS: 2 Townhomes built in 1976, 2 large bedrooms each, 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. Townhome A (vacant) was upgraded with new carpet, interior paint, Quartz Countertops, new tile kitchen flooring and bath upgrades.

Mortgage Calculator

Est. Monthly Payment

$13,300

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

Investment Score

0D
Est. Monthly Rent
$5,808
Monthly Cashflow

Rent − PITIA

$-7,491
Full Cashflow

Incl. vacancy, PM, maint, capex

$-10,573

Mortgage (P+I)
$10,593
Cap Rate
0.01%
Cash-on-Cash
-30.28%
DSCR

Need ≥ 1.25 for DSCR loan

0.44
Break-even Rent
$19,539

NOI (Annual)
$244
Price-to-Rent

Lower = better for investors

30.1

* 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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