4920 Collingwood Drive
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4920 Collingwood Drive

D

San Diego, CA 92109

$2,495,000
NEW — 2d

Beds

4

Baths

2.5

Sqft

2,740

Year Built

1957

Days on Market

2

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2603786

This property is in San Diego (92109). View neighborhood stats →

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About This Property

DEVELOPER’S DREAM! Perched on Mt. Soledad with spectacular ocean views, this rare opportunity offers an expansive approximately 12,900 sq ft lot with incredible development potential. Zoned RS-1-7. Potential to develop up to 4 units including a primary residence plus ADU configurations (buyer to verify). Ideal for investors, builders, or those looking to create a custom coastal estate in one of San Diego’s most sought-after locations. Prime location just minutes to beaches, dining, and shopping.

Mortgage Calculator

Est. Monthly Payment

$15,839

Principal & Interest$12,616
Property Tax$2,495
Insurance$728
%($499,000)
%

Location

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Investment Score

20D
Est. Monthly Rent
$11,684
Monthly Cashflow

Rent − PITIA

$-4,155
Full Cashflow

Incl. vacancy, PM, maint, capex

$-8,922

Mortgage (P+I)
$12,616
Cap Rate
1.78%
Cash-on-Cash
-21.45%
DSCR

Need ≥ 1.25 for DSCR loan

0.74
Break-even Rent
$23,270

NOI (Annual)
$44,334
Price-to-Rent

Lower = better for investors

17.8

* 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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