4944 Cass St #1102
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4944 Cass St #1102

Ctop 80%

San Diego, CA 92109

$925,000
NEW — 0d
STR: check · no permits in this complex · TOT 12.75%

426 licensed short-term rentals within ½ mile (351 whole home), from the cities' license and permit lists of Nov 8, 2026.

No unit in this 53-unit complex holds a short-term rental license, so nothing shows its HOA allows them. Get the CC&Rs before counting on short-term income.

Pass at asking: -$4,487/mo full cashflow at 20% down, 7.43% rate.

Works at $340,934 (63% under asking), or at 90% down.

Rent $4,504/mo from 1 lease in this building.

Beds

2

Baths

2

Sqft

1,102

Year Built

1972

Days on Market

0

Property Type

Condo

HOA/mo

$850

MLS ID

260026640SD

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

About This Property

Enjoy coastal living at Pacific Towers in North Pacific Beach in this top floor, updated two-bedroom, two-bath condo featuring panoramic views of the ocean, Downtown San Diego, Mission Bay, Mission Beach, Mt. Soledad, and La Jolla. Renovated in October 2018, the light-filled residence features floor-to-ceiling windows, an open living and dining area, and a large private balcony. The kitchen offers quartz countertops and stainless steel appliances, while additional features include updated bathrooms, wood and tile flooring and ceiling fans. Community amenities include a pool, sauna, fitness center, clubhouse, community laundry, secure building access, on-site management, and one assigned covered garage parking space. Located just three blocks from the beach and Law Street Park, with convenient access to Pacific Beach restaurants, shops, and entertainment, this property offers an excellent investment opportunity with the potential for future personal enjoyment. Experience coastal living at its best in this beautifully updated two-bedroom, two-bath residence at the iconic Pacific Towers in North Pacific Beach. Situated to capture sweeping ocean and city vistas, the home offers an impressive panorama encompassing Downtown San Diego, Mission Bay, Mission Beach, Mt. Soledad, and La Jolla, all enjoyed through expansive floor-to-ceiling windows. Renovated in October of 2018, the interior combines contemporary finishes with an inviting, light-filled design. The open living and dining areas extend to a generous private balcony overlooking the community pool and ocean, creating an ideal setting to enjoy the coastal surroundings and refreshing sea breezes. The well-appointed kitchen features granite counters and stainless steel appliances, including a refrigerator, range, dishwasher, and microwave. Additional highlights include updated bathrooms, attractive wood and tile flooring, ceiling fans, and fresh neutral paint. Residents of Pacific Towers enjoy a collection of resort-inspired amenities, including a swimming pool, sauna, fitness center, clubhouse, community laundry, secure coded building access, and on-site management. One assigned covered parking space in the garage is included. The HOA covers water, hot water, sewer, trash, and basic cable. Just three blocks from the beach and Law Street Park, the property also offers easy access to neighborhood restaurants, shopping, and entertainment throughout Pacific Beach's desirable 92109 community. With its panoramic views, extensive amenities, and sought-after coastal location, this property presents an appealing investment opportunity with the potential to enjoy as a future beachside home.

Mortgage Calculator

Est. Monthly Payment

$7,184

Principal & Interest$5,139
Property Tax$925
Insurance$270
HOA$850
%($185,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Pacific Beach Elementary · grades PK-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.

Investment Score

17C
Est. Monthly Rent
$4,504

1 lease in this building

Thin data: only 1 lease behind this number.

Monthly Cashflow

Rent − PITIA

-$2,680
Full Cashflow

Incl. vacancy, PM, maint, capex

-$4,487

What would make this work?

$4,487/mo short at 20% down; 90% down or +$5,827/mo rent closes it.

Break-even price

63% under asking

$340,934
Break-even rent

$5,827/mo above the estimate

$10,331/mo
Cashflow at 35% down
−$3,523/mo
Down payment to break even

$832,500 cash

90%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$5,139
Cap Rate
1.14%
Cash-on-Cash
-29.10%
DSCR

Need ≥ 1.25 for DSCR loan

0.63

NOI (Annual)
$10,529
Price-to-Rent

Lower = better for investors

17.1

* 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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CCashflow−$4,487/mo