4450 Cape May Avenue

4450 Cape May Avenue

C

San Diego, CA 92107

$1,300,000
NEW — 0d

Soft Appraisal Value: $1,262,100 · 3.0% above estimate

Beds

2

Baths

2

Sqft

885

Year Built

1940

Days on Market

0

Property Type

Single Family

HOA/mo

N/A

MLS ID

PTP2604963

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

About This Property

Introducing an exceptional opportunity to own a truly special property in San Diego's highly sought-after Ocean Beach community. Offered for the first time since 1962, this rare gem is perched atop Cape May, showcasing breathtaking ocean views along with sweeping vistas of Mission Bay and SeaWorld. Situated on a spacious 7,000-square-foot lot, the property is adorned with multiple mature fruit trees and offers endless possibilities for expansion, enhanced landscaping, or creating your dream outdoor retreat. With a little TLC, this home presents an incredible opportunity to create the perfect investment property, vacation getaway, or forever home in one of San Diego's most desirable coastal neighborhoods. Don't miss this rare chance to own a slice of paradise with spectacular views, an unbeatable location, and unlimited potential. Investors dream! Property to be sold AS-IS. Seller will make no repairs.

Mortgage Calculator

Est. Monthly Payment

$8,253

Principal & Interest$6,574
Property Tax$1,300
Insurance$379
%($260,000)
%

Location

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Investment Score

1D
Est. Monthly Rent
$3,776
Monthly Cashflow

Rent − PITIA

$-4,477
Full Cashflow

Incl. vacancy, PM, maint, capex

$-6,428

Mortgage (P+I)
$6,574
Cap Rate
0.13%
Cash-on-Cash
-29.67%
DSCR

Need ≥ 1.25 for DSCR loan

0.46
Break-even Rent
$12,124

NOI (Annual)
$1,742
Price-to-Rent

Lower = better for investors

28.7

* 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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