
4801 Academy
Dbottom 20%San Diego, CA 92109
One license per person in San Diego: whether you can hold it depends on you, not only the home.
137 licensed short-term rentals within ½ mile (95 whole home), from the cities' license and permit lists of Nov 6, 2026.
Pass at asking: -$20,064/mo full cashflow at 20% down, 7.43% rate.
Works at $1,037,590 (72% under asking), or at all cash.
Rent $10,350/mo from 33 leases of 4–6 bed houses within 2 mi ($9,214–$14,005).
Beds
5
Baths
5.5
Sqft
2,923
Year Built
2026
Days on Market
46
Property Type
Single Family
HOA/mo
N/A
MLS ID
NDP2608825
This property is in San Diego (92109). View neighborhood stats →
About This Property
RARE, BRAND NEW construction in North Pacific Beach where the quality is obvious the moment you walk in. Wire brushed white oak flooring, Taj Mahal quartzite counters, European cabinetry with Blum hardware and grain matched white oak drawers, and Kohler fixtures. Every material here was chosen for how it performs and ages, not just how it photographs. This is new construction built to a standard most new construction doesn't bother with. Set on a corner lot with TWO detached ADUs, solar, an attached two car garage, and true LOCK AND LEAVE living. The 3 bedroom, 3.5 bath main residence spans three levels: an entry level bedroom and bath, open concept living on the main level, and an upper level primary suite with its own private balcony plus a second bedroom with a private bath. Multiple outdoor spaces to catch the coastal breeze, and multi room audio is built into the main living areas. Sound insulation between levels was upgraded throughout construction, so the home feels quiet and solid floor to floor, whether that's guests one level up, family staying in an ADU, or a future tenant next door. Two detached ADUs add real flexibility for a home office, a gym, space for guests, or rental income. Low maintenance exterior, moments from Kate Sessions Park, La Jolla, the beach, and North PB's best dining and shopping. A rare offering: three separate, fully finished living spaces, built right, in San Diego’s most desirable coastal neighborhood.
Mortgage Calculator
Est. Monthly Payment
$24,992
Location
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Zoned Schools
Elementary
Sessions Elementary · grades K-5 · San Diego Unified
Middle
Pacific Beach Middle · grades 6-8 · San Diego Unified
High
Mission Bay 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
$10,350
Comp Average
$10,538
1220 Emerald St
5bd / 4ba · 3,270 sqft · Single Family
$3.30M
Est. $11,943/mo
853 Sapphire
5bd / 6ba · 2,759 sqft · Single Family
$3.19M
Est. $10,970/mo
4835 Academy St
4bd / 3.5ba · 2,929 sqft · Single Family
$2.83M
Est. $9,679/mo
4841 Academy St
4bd / 3.5ba · 2,929 sqft · Single Family
$2.80M
Est. $9,205/mo
1920 Beryl St
5bd / 4ba · 3,054 sqft · Single Family
$3.75M
Est. $10,894/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
33 leases of 4–6 bed houses within 2 mi · $9,214–$14,005
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$20,064/mo short at 20% down; 100% down or +$26,058/mo rent closes it.
- Break-even price
- $1,037,590
- Break-even rent
- $36,408/mo
- Cashflow at 35% down
- −$16,262/mo
- Down payment to break even
- 100%
- Rate to break even
- Not reachable
72% under asking
$26,058/mo above the estimate
$3,649,999 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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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