4761 Bermuda Avenue
Ctop 80%San Diego, CA 92107
One license per person in San Diego: whether you can hold it depends on you, not only the home.
140 licensed short-term rentals within ½ mile (102 whole home), from the cities' license and permit lists of Nov 13, 2026.
Pass at asking: -$10,147/mo full cashflow at 20% down, 7.36% rate.
Works at $622,286 (68% under asking), or at 96% down.
Rent $6,176/mo from 10 leases of 2–4 bed houses within 0.5 mi ($5,806–$7,103).
Beds
3
Baths
2.5
Sqft
1,530
Year Built
1970
Days on Market
0
Property Type
Single Family
HOA/mo
N/A
MLS ID
PTP2608393
This property is in San Diego (92107). View neighborhood stats →
About This Property
On the market for the first time in nearly 60 years. This fully updated two-story Ocean Beach home for sale has the finishes, the ocean views, and the walkable coastal location many look for in Ocean Beach. The showstoppers are two sets of 11-foot bifold doors that open the home to coastal breezes and indoor-outdoor living. One, in the primary suite, opens to a new private rooftop deck with ocean views, the kind of spot that changes your point of view each morning. The other, off the kitchen, opens to an enclosed 2,000+ sq. ft. backyard. Picture sunset drinks, morning coffee, and friends who suddenly want to host everything at your place. Inside, the home is bright, open, and updated throughout, with a clean, contemporary look, modern fixtures, and an efficient open layout. The multi-level design separates the gathering spaces from the private ones, giving the next caretaker of this home flexible space for a home office, guest room, creative studio, or workout space. Ocean Beach adds to the appeal. You are close to neighborhood cafes, restaurants, local shops, parks, the beach, and the coastline at Sunset Cliffs. It is laid-back, creative, walkable, and one of San Diego's most distinctive coastal communities. Come see this OB home with ocean views and a rooftop deck before someone else does.
Mortgage Calculator
Est. Monthly Payment
$13,277
Location
Loading map...
Zoned Schools
Elementary
Sunset View Elementary · grades K-4 · San Diego Unified
Middle
Correia Middle · grades 7-8 · San Diego Unified
High
Point Loma 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.
Comparable Properties
5 comps foundThis Property
$6,176
Comp Average
$6,120
4145 Narragansett Ave
3bd / 3.5ba · 1,456 sqft · Single Family
$1.75M
Est. $6,047/mo
4523 Muir Ave
3bd / 2.5ba · 1,687 sqft · Single Family
$1.98M
Est. $6,650/mo
3805 Atascadero Dr
3bd / 2ba · 1,680 sqft · Single Family
$1.77M
Est. $5,884/mo
3939 Santa Cruz
3bd / 2ba · 1,727 sqft · Single Family
$1.90M
Est. $6,299/mo
1358 Ebers St
3bd / 2ba · 1,431 sqft · Single Family
$1.99M
Est. $5,719/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
10 leases of 2–4 bed houses within 0.5 mi · $5,806–$7,103
Blended 50/50 with the zip's market median ($6,454)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$10,147/mo short at 20% down; 96% down or +$13,178/mo rent closes it.
- Break-even price
- $622,286
- Break-even rent
- $19,354/mo
- Cashflow at 35% down
- −$8,130/mo
- Down payment to break even
- 96%
- Rate to break even
- Not reachable
68% under asking
$13,178/mo above the estimate
$1,871,999 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.36% 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