5038 Hastings Road
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5038 Hastings Road

D

San Diego, CA 92116

$2,465,000
NEW — 0d

Soft Appraisal Value: $2,415,000 · 2.1% above estimate

Beds

4

Baths

3

Sqft

2,180

Year Built

1946

Days on Market

0

Property Type

Single Family

HOA/mo

N/A

MLS ID

PTP2603407

This property is in San Diego (92116). View neighborhood stats →

Virtual Tour

About This Property

The well manicured streets and high end homes let you know you are in Kensington. The sign in this front yard lets you know this is your opportunity to own a home in this prestigous iconic neighborhood. Situated on one of the interior canyons, this home has been renovated to carefully craft the character of the past while infusing it with today’s modern finishes. Entertainers will love the chef's kitchen, premium appliances, and large island with ample counter space. The matte plaster hood perched over the marble backsplash and pot filler shows the personality of the kitchen that makes a bold statement. Open to the living and dining areas that naturally flows through sliding doors to the expansive deck with views into the canyon and level grass yard. There is a bonus living space separate from this great room, accompanied by a fireplace and flooded with natural light. In the center of the home you will find a flex room to be used as an office or bedroom with varnished wood paneling throughout giving it that library/office vibe or a tasteful sitting room. Downstairs is yet another bonus area with its own ensuite bathroom and walk in closet that could be used a flex space. Bedroom, office, game room, separate living space, whatever fits your lifestyle. The primary faces the canyon with privacy from the street and includes a walk-in-closet and ensuite bathroom. The bedrooms are generously sized, and the main floor offers a carefully placed laundry room. Hints of the past brought to modern day are thoughtfully found throughout this home. Come see this great opportunity today before its gone!

Mortgage Calculator

Est. Monthly Payment

$15,648

Principal & Interest$12,464
Property Tax$2,465
Insurance$719
%($493,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$6,918
Monthly Cashflow

Rent − PITIA

$-8,730
Full Cashflow

Incl. vacancy, PM, maint, capex

$-12,376

Mortgage (P+I)
$12,464
Cap Rate
0.04%
Cash-on-Cash
-30.12%
DSCR

Need ≥ 1.25 for DSCR loan

0.44
Break-even Rent
$22,990

NOI (Annual)
$1,064
Price-to-Rent

Lower = better for investors

29.7

* 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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