4465 Ocean Boulevard
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4465 Ocean Boulevard #4

D

San Diego, CA 92109

$975,000

Soft Appraisal Value: $942,800 · 3.4% above estimate

Beds

1

Baths

1

Sqft

668

Year Built

1975

Days on Market

82

Property Type

Condo

HOA/mo

$521

MLS ID

PTP2600647

This property is in San Diego (92109). View neighborhood stats →

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About This Property

Own a place that functions as both a personal getaway and a performing asset. Positioned directly at Crystal Pier in the center of Pacific Beach, this property sits in one of the most consistently demanded visitor locations in coastal San Diego. The boardwalk, beach access, restaurants, and nightlife are immediately outside, the exact environment short-term renters actively search for when choosing where to stay. Use it when you want the coast, and let the location work when you’re gone. Guests step out the door onto the waterfront experience they came for, which supports strong occupancy potential and repeat bookings in a walkable, entertainment-driven area that does not depend on driving. Morning coffee on the patio, sunset over the water, then transition it back into a rental without changing a thing. For a second-home buyer who also values revenue, this offers flexibility: personal enjoyment, vacation convenience, and a property positioned in a year-round destination market where proximity to the sand is the deciding factor. Opportunities to control a true front-row PB location with short-term rental viability are limited and increasingly difficult to replace along the San Diego coast.

Mortgage Calculator

Est. Monthly Payment

$6,711

Principal & Interest$4,930
Property Tax$975
Insurance$284
HOA$521
%($195,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$2,220
Monthly Cashflow

Rent − PITIA

$-4,490
Full Cashflow

Incl. vacancy, PM, maint, capex

$-5,813

Mortgage (P+I)
$4,930
Cap Rate
-1.09%
Cash-on-Cash
-35.77%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.33
Break-even Rent
$9,770

NOI (Annual)
$-10,597
Price-to-Rent

Lower = better for investors

36.6

* 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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