4960 Jewell
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4960 Jewell

Dbottom 20%

San Diego, CA 92109

$3,650,000
NEW — 0d
STR-eligible · San Diego Tier 3 · TOT 12.75%

One license per person in San Diego: whether you can hold it depends on you, not only the home.

113 licensed short-term rentals within ½ mile (68 whole home), from the cities' license and permit lists of Nov 6, 2026.

Pass at asking: -$21,079/mo full cashflow at 20% down, 7.43% rate.

Works at $905,621 (75% under asking); even all cash loses money at asking.

Rent $9,033/mo from 9 leases of 4-bed houses within 1 mi ($8,815–$10,741).

Beds

4

Baths

3.5

Sqft

3,277

Year Built

1992

Days on Market

0

Property Type

Single Family

HOA/mo

N/A

MLS ID

260026446SD

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

About This Property

This is the one you've been waiting for. Light defines this four-bedroom home that overlooks Pacific Beach. A grand staircase greets you at the entry, and from there expansive windows pull in sun from morning through evening, framing a view that sweeps from the surrounding hillsides across downtown to the Pacific coastline, and on clear days all the way to Mexico. Inside, thoughtful details reveal themselves room by room, from built-in nooks to a wet bar made for entertaining. Multiple living areas let the house shift easily between quiet evenings and full gatherings. The primary suite claims its own share of the view, along with a generous walk-in closet. Off the kitchen, a patio with a built-in grill makes outdoor dining effortless. The pool and spa complete the entertainment options and are joined by an outdoor shower and a built-in fireplace for cool evenings. Substantial under-house storage handles the practical side. Minutes from the beach, the Village, and La Jolla Country Club, this is a home built around the coastal lifestyle with a view that never gets old.

Mortgage Calculator

Est. Monthly Payment

$24,992

Principal & Interest$20,277
Property Tax$3,650
Insurance$1,065
%($730,000)
%
Loan Term

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.

Investment Score

0D
Est. Monthly Rent
$9,033

9 leases of 4-bed houses within 1 mi · $8,815–$10,741

Blended 50/50 with the zip's market median ($8,309)

Monthly Cashflow

Rent − PITIA

-$15,959
Full Cashflow

Incl. vacancy, PM, maint, capex

-$21,079

What would make this work?

$21,079/mo short at 20% down; +$27,375/mo rent closes it.

Break-even price

75% under asking

$905,621
Break-even rent

$27,375/mo above the estimate

$36,408/mo
Cashflow at 35% down
−$17,277/mo
Down payment to break even

Negative even all-cash

Not reachable
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$20,277
Cap Rate
-0.11%
Cash-on-Cash
-34.65%
DSCR

Need ≥ 1.25 for DSCR loan

0.36

NOI (Annual)
-$4,195
Price-to-Rent

Lower = better for investors

33.7

* 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.

Open Full Calculator
DCashflow−$21,079/mo