4494 Mentone St. San Diego

4494 Mentone St. San Diego

D

, CA 92107

$550,000

Beds

2

Baths

2

Sqft

897

Year Built

1986

Days on Market

47

Property Type

Condo

HOA/mo

$453.75

MLS ID

2601105SD

Description

BEST deal in Ocean Beach! Back on market at no fault of property. WONT LAST LONG! Entry Level Home. Immaculate and cozy! Walk to the beach, rarely available Ocean Beach home with spectacular panoramic views! Wonderful open kitchen with bar/barstool seating. Relax on rooftop deck while watching fireworks in the summer, or cozy up next to fireplace in the winter. Entry Level unitwith elevator to get to parking garage and to rooftop deck. Gated complex for excellent security. Beautiful remodeled home with open floorplan, newer appliances, granite counter tops, beautiful kitchen cabinets, laminate flooring, New carpet, custom tile, Brand New stacked FULLSIZE washer & dryer. New AC Unit and Furnace! New Dual Pane Windows & Slider, New Ceiling fans, Deck with view, gated complex &gated parking. New top of the line windows- Renewal by Anderson Dual Pane Windows & Slider, with transferrable lifetime warranty. Newlyinstalled exceptional quality and quiet ceiling fans in both bedrooms, Deck off living room and master bedroom. Sunset views from west facingbalcony. Beautiful rooftop deck with ocean and bay views, amazing location! This unit is on entry level, but sits 1 story above the ground dueto being built into the hill. Don't miss out on this turn key remodeled beach home! Immaculate and cozy! Walk to the beach, rarely available Ocean Beach home with spectacular panoramic views! Wonderful open kitchen with bar/bar stool seating. Relax on rooftop deck while watching fireworks in the summer, or cozy up next to fireplace in the winter. Entry Level unit with elevator to get to parking garage and to rooftop deck. Gated complex for excellent security. Beautiful remodeled home with open floor plan, newer appliances, granite counter tops, beautiful kitchen cabinets, laminate flooring, New carpet, custom tile, Brand New stacked FULL SIZE washer & dryer. New AC Unit and Furnace! New Dual Pane Windows & Slider, New Ceiling fans, Deck with view, gated complex & gated parking. New top of the line windows- Renewal by Anderson Dual Pane Windows & Slider, with transferrable lifetime warranty. Newly installed exceptional quality and quiet ceiling fans in both bedrooms, Deck off living room and primary bedroom. Sunset views from west facing balcony. Beautiful rooftop deck with ocean and bay views, amazing location! This unit is on entry level, but sits 1 story above the ground due to being built into the hill. Don't miss out on this turn key remodeled beach home!

Mortgage Calculator

Est. Monthly Payment

$3,945

Principal & Interest$2,781
Property Tax$550
Insurance$160
HOA$454
%($110,000)
%

Investment Score

12D
Est. Monthly Rent

Market Rent Estimate

$3,044
Monthly Cashflow

Rent − PITI − HOA

$-901
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,059

Mortgage (P+I)
$2,781
Cap Rate
1.57%
Cash-on-Cash
-9.83%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

1.09
Break-even Rent
$3,945

NOI (Annual)
$8,662
Price-to-Rent

Lower = better for investors

15.1

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

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