4679 Vista St
1 / 16

4679 Vista St

C

San Diego, CA 92116

$1,699,000
NEW — 5d

Soft Appraisal Value: $1,674,600 · 1.5% above estimate

Beds

3

Baths

3

Sqft

2,216

Year Built

1911

Days on Market

5

Property Type

Single Family

HOA/mo

N/A

MLS ID

260015227SD

This property is in San Diego (92116). View neighborhood stats →

Virtual Tour

About This Property

Historic 1911 Craftsman in the Heart of Kensington – Mills Act IN PLACE FOR HUGE TAX SAVINGS. A true Kensington treasure, this historic Craftsman sits proudly on QUIET Vista Street like a crown jewel of the neighborhood. Just steps from Adams Avenue, you’ll enjoy a highly walkable lifestyle with restaurants, coffee shops, boutiques, and neighborhood favorites right outside your door. Rich with original character, the home features beautiful hardwood floors, classic gumwood details, and stunning oversized sliding doors that showcase the craftsmanship and charm of a bygone era. The living and dining rooms remain warm, inviting, and full of architectural integrity. A detached studio with its own private entrance, yard, and gated access has historically rented for approximately $1,700 per month, creating valuable income potential, guest accommodations, or a private workspace. (QUIET emphasized here for sensitive buyers, as many homes in wonderful Kensington unfortunately have freeway noise!) SEE SUPPLEMENT For several years, the property functioned as professional office space and offers a unique opportunity for reconfiguration and personalization. While entirely livable today, the property may be reimagined by a new owner to unlock significant additional value. The existing paved area, previously used for parking, offers exciting possibilities for expanded outdoor living, gardens, entertaining spaces, or landscape enhancements. A separate backyard provides additional outdoor enjoyment. This is currently one of the most affordable opportunities in Kensington and the least expensive Mills Act-designated home in the neighborhood. Whether you’re seeking a charming historic residence, an income-producing property, a value-add project, or a long-term investment, this property offers exceptional flexibility and upside. With the benefit of the Mills Act, property taxes are substantially lower than those of comparable homes, creating significant long-term savings while preserving one of Kensington’s architectural gems.

Mortgage Calculator

Est. Monthly Payment

$10,786

Principal & Interest$8,591
Property Tax$1,699
Insurance$496
%($339,800)
%

Location

Loading map...

Investment Score

8D
Est. Monthly Rent
$6,178
Monthly Cashflow

Rent − PITIA

$-4,608
Full Cashflow

Incl. vacancy, PM, maint, capex

$-7,445

Mortgage (P+I)
$8,591
Cap Rate
0.81%
Cash-on-Cash
-26.29%
DSCR

Need ≥ 1.25 for DSCR loan

0.57
Break-even Rent
$15,847

NOI (Annual)
$13,755
Price-to-Rent

Lower = better for investors

22.9

* 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.

Get Expert AnalysisOpen Full Calculator