4954 Ocean View Boulevard
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4954 Ocean View Boulevard

Btop 30%

San Diego, CA 92113

$695,900
STR: check · HOA rules unknown · TOT 12.75%

16 licensed short-term rentals within ½ mile (7 whole home), from the cities' license and permit lists of Nov 13, 2026.

HOA rules unknown: an HOA can ban stays under 30 days (Civ. Code §4741), and no permit on file shows this one allows them. Get the CC&Rs.

Pass at asking: -$2,809/mo full cashflow at 20% down, 7.36% rate.

Works at $328,306 (53% under asking), or at 79% down.

Rent $3,499/mo from 10 leases of 2–4 bed houses within 1 mi ($3,570–$3,856).

Beds

3

Baths

3

Sqft

1,479

Year Built

2026

Days on Market

173

Property Type

Single Family

HOA/mo

$185

MLS ID

PTP2603974

This property is in San Diego (92113). Browse neighborhood analytics →

Virtual Tour

About This Property

Brand-new construction SFD townhome (detached PUD) located in the OVB Terrace community of the Diamond District. This modern three-story residence features 3 bedrooms, 3 bathrooms, a two-car garage, paid-for solar, and low HOA fees. Interior features include contemporary finishes, modern lighting, and a mini-split system for efficient heating and air conditioning. Conveniently located with easy access to I-805, I-5, SR-15, SR-94, and SR-125, providing a central connection to Downtown San Diego and surrounding areas. This is a great opportunity to own a brand-new home with low monthly HOA costs in a centrally located San Diego community. Builder incentives may be available for qualified buyers. Visit the model home during weekend hours to meet with the on-site preferred lender and learn about available financing programs and buyer incentives.  Contact listing agent for details.

Mortgage Calculator

Est. Monthly Payment

$4,923

Principal & Interest$3,839
Property Tax$696
Insurance$203
HOA$185
%($139,180)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Porter Elementary · grades PK-6 · San Diego Unified

  • Middle

    Knox Middle · grades 6-8 · San Diego Unified

  • High

    Lincoln 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

43B
Est. Monthly Rent
$3,499

10 leases of 2–4 bed houses within 1 mi · $3,570–$3,856

Blended 50/50 with the zip's market median ($3,385)

Monthly Cashflow

Rent − PITIA

-$1,424
Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,809

What would make this work?

$2,809/mo short at 20% down; 79% down or +$3,648/mo rent closes it.

Break-even price

53% under asking

$328,306
Break-even rent

$3,648/mo above the estimate

$7,147/mo
Cashflow at 35% down
−$2,089/mo
Down payment to break even

$549,761 cash

79%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$3,839
Cap Rate
2.08%
Cash-on-Cash
-24.22%
DSCR

Need ≥ 1.25 for DSCR loan

0.71

NOI (Annual)
$14,464
Price-to-Rent

Lower = better for investors

16.6

* Modelled at 20% down, 7.36% 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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BCashflow−$2,809/mo