4776 Del Monte Avenue

4776 Del Monte Avenue

D

San Diego, CA 92107

$2,450,000
NEW — 2d on market

Beds

Baths

Sqft

1,829

Year Built

2000

Days on Market

2

Property Type

Multi-Family

HOA/mo

N/A

MLS ID

PTP2602512

Description

Exceptional opportunity to own two homes just 3 blocks from the ocean on a generous 6983 sq ft lot! Charming single-story front house features a recently renovated 3 bedroom,2 bath layout with an abundance of natural light, central heat and air, walk-in closet, in-unit laundry, dining area with adjoining deck, paid solar, and spacious front and back yards with artificial turf for effortless relaxation and entertaining. Back unit retreat is beautifully upgraded consisting of 2 bedrooms/2 baths atop 3 car garages with an extra off-street alley parking spot, peek views, en suite with walk-in closet, separate laundry shed with additional storage, expansive deck, and huge secluded yard with an avocado and orange tree. This coastal treasure with private entrances and dedicated yards create exceptional flexibility for investors, owner-occupants, multi-generational households, vacation rentals, or potential ADU development. Walk to the beach, Sunset Cliffs, OB Pier, and a vibrant mix of boutiques, restaurants, bars, and coffee shops.

Mortgage Calculator

Est. Monthly Payment

$15,553

Principal & Interest$12,389
Property Tax$2,450
Insurance$715
%($490,000)
%

Investment Score

0D
Est. Monthly Rent
$5,963
Monthly Cashflow

Rent − PITIA

$-9,591
Full Cashflow

Incl. vacancy, PM, maint, capex

$-13,004

Mortgage (P+I)
$12,389
Cap Rate
-0.30%
Cash-on-Cash
-31.85%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.38
Break-even Rent
$22,851

NOI (Annual)
$-7,382
Price-to-Rent

Lower = better for investors

34.2

* 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.

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