4778 Panorama Drive San Diego

4778 Panorama Drive San Diego

D

, CA 92116

$1,899,995
NEW — 6d on market

Beds

6

Baths

2

Sqft

2,320

Year Built

1924

Days on Market

6

Property Type

Single Family

HOA/mo

N/A

MLS ID

260004461SD

View on MLS

Description

AMAZING OPPORTUNITY FOR THIS LARGE CRAFTSMAN HOME BUILT IN 1924 OFF ADAMS AVENUE LOCATED ON THE ICONIC PALM TREE LINED PANORAMA DRIVE SITTING ON A BLUFF WITH PANORAMIC VIEWS OF MISSION VALLEY CITY LIGHTS AND ONLY 2 MINUTES TO THE FREEWAY! HOME FEATURES HUGE AMOUNT OF CHARACTER, OVER ¼ ACRE, PRIVATE CANYON, RV PARKING, LOTS OF WINDOWS FOR NATURAL LIGHT, REMODELED KITCHEN WITH CUSTOM GRANITE, REMODELED BATHS, REFINISHED ORIGINAL HARDWOOD FLOORS THROUGHOUT! AMAZING OPPORTUNITY FOR THIS LARGE CRAFTSMAN HOME BUILT IN 1924 OFF ADAMS AVENUE LOCATED ON THE ICONIC PALM TREE LINED PANORAMA DRIVE SITTING ON A BLUFF WITH PANORAMIC VIEWS OF MISSION VALLEY CITY LIGHTS AND ONLY 2 MINUTES TO THE FREEWAY! HOME FEATURES HUGE AMOUNT OF CHARACTER, OVER ¼ ACRE, PRIVATE CANYON, RV PARKING LOTS OF WINDOWS FOR NATURAL LIGHT, REMODELED KITCHEN WITH CUSTOM GRANITE, REMODELED BATHS, REFINISHED ORIGINAL HARDWOOD FLOORS THROUGHOUT, RECESSED LIGHTING, NEW HVAC, LARGE COVERED PATIO IN BACKYARD, CUSTOM CEILINGS, BALCONY OUT 2 BEDROOMS, CARPORT WITH GATED PARKING, FULL BEDROOM/BATH ON 1ST FLOOR, GIANT 21X16 LIVING ROOM, SEPARATE FAMILY ROOM, LARGE LAUNDRY ROOM, 6 BEDROOMS AND ROOM FOR AN ADU! TAKE A LOOK BEFORE IT’S GONE!

Mortgage Calculator

Est. Monthly Payment

$12,062

Principal & Interest$9,607
Property Tax$1,900
Insurance$554
%($379,999)
%

Comparable Properties

2 comps found

This Property

$6,196

vs

Comp Average

$7,707

Comps based on same zip code, similar beds (±1), price range (60-150%).

Investment Score

2D
Est. Monthly Rent

Market Rent Estimate

$6,196
Monthly Cashflow

Rent − PITI − HOA

$-5,865
Full Cashflow

Incl. vacancy, PM, maint, capex

$-8,874

Mortgage (P+I)
$9,607
Cap Rate
0.46%
Cash-on-Cash
-18.52%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.64
Break-even Rent
$12,061

NOI (Annual)
$8,803
Price-to-Rent

Lower = better for investors

25.6

* Defaults: 20% down, 6.5% rate, 30yr.

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