4616 Bay Summit Pl
1 / 20

4616 Bay Summit Pl

Ctop 80%

San Diego, CA 92117

$1,439,500
STR: check · no permits on this tract · TOT 12.75%

62 licensed short-term rentals within ½ mile (29 whole home), from the cities' license and permit lists of Oct 31, 2026.

None of the 20 homes on this home's recorded tract holds a short-term rental license, so nothing shows its HOA allows them. Get the CC&Rs before counting on short-term income.

Pass at asking: -$7,429/mo full cashflow at 20% down, 7.49% rate.

Works at $476,326 (67% under asking), or at 94% down.

Rent $5,017/mo from 13 leases of 2–4 bed houses within 1 mi ($4,504–$5,681).

Beds

3

Baths

2.5

Sqft

1,827

Year Built

1982

Days on Market

45

Property Type

Single Family

HOA/mo

$189

MLS ID

260022574SD

This property is in San Diego (92117). View neighborhood stats →

About This Property

Welcome to 4616 Bay Summit Pl, San Diego, a charming house nestled on a canyon in a desirable location. This residence accords a spacious living area of 1,827 square feet, providing ample space for comfortable living. With three bedrooms and two full bathrooms, and a 1/2 bathroom downstairs, the home provides a versatile layout to accommodate various needs. The property sits on a lot of 0.078 acres, offering a cozy outdoor space appropriate for relaxing . The design and layout make it a warm and inviting space to call home. This home has been lovingly renovated with attention to detail, in a classic Mediterranean style, with eclectic touches of art deco. There are multiple upgrades with high end options. A partial list includes a patio on the canyon with a deck overhead, a front yard water feature, a backyard fountain, automatic sprinkler system, new windows, tiled floors in an Italian style throughout, upgraded appliances, a hand-painted Italian kitchen sink, granite countertops and designer touches, stained glass and art deco windows, 2 jetted tubs, French doors to the deck, a balcony off of the master bedroom, newer doors with art deco glass, ceiling fans in each bedroom and the living room, new landscaping, fully owned solar electric and water heater, and the indoor- outdoor feeling of California with dinner on the patio and morning coffee on the deck. There is a community pool and hot tub. The home is located in arguably the best climatic area of San Diego , with plenty of sunshine and ocean breezes coming up the canyon from Mission Bay. Don't miss out.

Mortgage Calculator

Est. Monthly Payment

$10,093

Principal & Interest$8,044
Property Tax$1,440
Insurance$420
HOA$189
%($287,900)
%
Loan Term

Location

Loading map...

Zoned Schools

  • Elementary

    Toler Elementary · grades PK-5 · San Diego Unified

  • Middle

    Marston Middle · grades 6-8 · San Diego Unified

  • High

    Clairemont High · grades 9-12 · San Diego Unified

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Investment Score

7C
Est. Monthly Rent
$5,017

13 leases of 2–4 bed houses within 1 mi · $4,504–$5,681

Blended 50/50 with the zip's market median ($4,779)

Monthly Cashflow

Rent − PITIA

-$5,076
Full Cashflow

Incl. vacancy, PM, maint, capex

-$7,429

What would make this work?

$7,429/mo short at 20% down; 94% down or +$9,648/mo rent closes it.

Break-even price

67% under asking

$476,326
Break-even rent

$9,648/mo above the estimate

$14,665/mo
Cashflow at 35% down
−$5,921/mo
Down payment to break even

$1,353,130 cash

94%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$8,044
Cap Rate
0.72%
Cash-on-Cash
-30.97%
DSCR

Need ≥ 1.25 for DSCR loan

0.50

NOI (Annual)
$10,390
Price-to-Rent

Lower = better for investors

23.9

* Modelled at 20% down, 7.49% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

Open Full Calculator
CCashflow−$7,429/mo