4854 Del Mar Avenue
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4854 Del Mar Avenue

D

San Diego, CA 92107

$1,595,000

Soft Appraisal Value: $1,528,500 · 4.4% above estimate

Beds

2

Baths

3

Sqft

1,338

Year Built

1930

Days on Market

9

Property Type

Single Family

HOA/mo

N/A

MLS ID

260013163SD

This property is in San Diego (92107). View neighborhood stats →

About This Property

Rarely available, Ocean Beach historical cottage, built in 1930 is located west of Sunset Cliffs a mere block from the ocean! Features include: 1,338 sqft., two bedrooms, 2 full bathrooms, original wood floors, charming front yard garden, rear yard has patio area, detached rec room with a 1/2 bath and shed. Upstairs sun deck has an enclosed room and a room above the main house with a 1/2 bath. This Historical home has The Mills Act, which offers Substantial Property Tax Reduction. Very close to restaurants, shops and all that OB living has to offer!

Mortgage Calculator

Est. Monthly Payment

$10,125

Principal & Interest$8,065
Property Tax$1,595
Insurance$465
%($319,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$4,154
Monthly Cashflow

Rent − PITIA

$-5,971
Full Cashflow

Incl. vacancy, PM, maint, capex

$-8,256

Mortgage (P+I)
$8,065
Cap Rate
-0.14%
Cash-on-Cash
-31.06%
DSCR

Need ≥ 1.25 for DSCR loan

0.41
Break-even Rent
$14,876

NOI (Annual)
$-2,287
Price-to-Rent

Lower = better for investors

32.0

* 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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