4465 Ocean Boulevard

4465 Ocean Boulevard

D

San Diego, CA 92109

$975,000

Beds

1

Baths

1

Sqft

668

Year Built

1975

Days on Market

37

Property Type

Condo

HOA/mo

$521

MLS ID

PTP2600647

Description

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)
%

Investment Score

4D
Est. Monthly Rent

Market Rent Estimate

$4,008
Monthly Cashflow

Rent − PITI − HOA

$-2,702
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,436

Mortgage (P+I)
$4,930
Cap Rate
0.61%
Cash-on-Cash
-16.63%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.81
Break-even Rent
$6,710

NOI (Annual)
$5,924
Price-to-Rent

Lower = better for investors

20.3

* Defaults: 20% down, 6.5% rate, 30yr.

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