4976 Ocean View Boulevard
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4976 Ocean View Boulevard

Btop 30%

San Diego, CA 92113

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

15 licensed short-term rentals within ½ mile (6 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: -$2,837/mo full cashflow at 20% down, 7.36% rate.

Works at $324,671 (53% under asking), or at 80% down.

Rent $3,463/mo from 10 leases of 2–4 bed houses within 1 mi ($3,498–$3,779).

Beds

3

Baths

2.5

Sqft

1,420

Year Built

2026

Days on Market

149

Property Type

Single Family

HOA/mo

$185

MLS ID

PTP2604622

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

Virtual Tour

About This Property

Brand-new construction at Ocean View Terrace in San Diego's Diamond District. This modern three-story home offers 3 bedrooms, 2.5 bathrooms, a two-car garage, a fully paid solar system, and low HOA fees. Smaller private backyard designed for low maintenance and easy upkeep Designed for modern living, the open-concept floor plan features a spacious kitchen with a large center island that flows seamlessly into the living and dining areas, creating the perfect space for entertaining and everyday life. Contemporary finishes, abundant natural light, and energy-efficient features enhance the home's stylish design. The primary suite serves as a private retreat with its own balcony, walk-in closet, and en-suite bathroom. Additional features include a private outdoor patio area and energy-efficient mini-split heating and cooling. Conveniently located with easy access to Downtown San Diego, major freeways, Naval Base San Diego, and other major employment centers, offering exceptional connectivity throughout the region. Enjoy the benefits of brand-new construction, a fully paid solar system, low HOA fees, and the peace of mind of a 10-year builder warranty. Model home showings available Saturdays and Sundays, or by appointment. 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

42B
Est. Monthly Rent
$3,463

10 leases of 2–4 bed houses within 1 mi · $3,498–$3,779

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

Monthly Cashflow

Rent − PITIA

-$1,460
Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,837

What would make this work?

$2,837/mo short at 20% down; 80% down or +$3,684/mo rent closes it.

Break-even price

53% under asking

$324,671
Break-even rent

$3,684/mo above the estimate

$7,147/mo
Cashflow at 35% down
−$2,117/mo
Down payment to break even

$556,720 cash

80%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$3,839
Cap Rate
2.03%
Cash-on-Cash
-24.46%
DSCR

Need ≥ 1.25 for DSCR loan

0.70

NOI (Annual)
$14,110
Price-to-Rent

Lower = better for investors

16.7

* 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−$2,837/mo