4750 Noyes

4750 Noyes

Btop 30%

San Diego, CA 92109

$549,900
NEW — 0d

Pass at asking: -$2,423/mo full cashflow at 20% down, 7.43% rate.

Works at $234,439 (57% under asking), or at 84% down.

Rent $2,973/mo from 8 leases of 1–3 bed condos & townhomes within 0.5 mi ($2,770–$3,245).

Beds

2

Baths

1

Sqft

800

Year Built

1977

Days on Market

0

Property Type

Condo

HOA/mo

$489

MLS ID

260026538SD

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

About This Property

Best priced 2 bedroom property in all of Pacific Beach! Top-floor corner unit in North Pacific Beach! This 2-bedroom, 1 bath, 800 square feet condo has been thoughtfully updated. The open floorplan features luxury vinyl plank flooring, custom plantation shutters, & mini-split systems in the living room & both bedrooms for efficient heating & air conditioning (the air supplies look like wall artwork!). The fully renovated kitchen features quartz countertops, white shaker cabinetry with soft-close doors, & stainless-steel appliances. A private balcony off the living room is surrounded by mature trees, providing a quiet outdoor space. Additional features include brand new carpet in the bedrooms, recessed lighting & ceiling fans. Gated community & second entry gate is located near the unit for quick accessed to the assigned parking space. The complex also features a community laundry room very close to this unit (option to add private laundry inside unit!) & storage room for bikes/secure locker. Great beach area location with easy access to Kate Sessions Park, dining/entertainment, the bay, the beach & that true Pacific Beach lifestyle with so much walkability at your doorstep. East PB location provides convenient access to freeways.

Mortgage Calculator

Est. Monthly Payment

$4,254

Principal & Interest$3,055
Property Tax$550
Insurance$160
HOA$489
%($109,980)
%
Loan Term

Location

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Investment Score

43B
Est. Monthly Rent
$2,973

8 leases of 1–3 bed condos & townhomes within 0.5 mi · $2,770–$3,245

Monthly Cashflow

Rent − PITIA

-$1,281
Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,423

What would make this work?

$2,423/mo short at 20% down; 84% down or +$3,147/mo rent closes it.

Break-even price

57% under asking

$234,439
Break-even rent

$3,147/mo above the estimate

$6,120/mo
Cashflow at 35% down
−$1,850/mo
Down payment to break even

$461,916 cash

84%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$3,055
Cap Rate
1.70%
Cash-on-Cash
-26.44%
DSCR

Need ≥ 1.25 for DSCR loan

0.70

NOI (Annual)
$9,369
Price-to-Rent

Lower = better for investors

15.4

* Modelled at 20% down, 7.43% 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.

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BCashflow−$2,423/mo