5050 September Street

5050 September Street

D

San Diego, CA 92110

$2,199,000

Soft Appraisal Value: $2,160,300 · 1.8% above estimate

Beds

4

Baths

3

Sqft

1,850

Year Built

1958

Days on Market

33

Property Type

Single Family

HOA/mo

N/A

MLS ID

PTP2601630

Description

Nestled in the heart of San Diego’s Bay Park neighborhood, 5050 September Street is a stunning 4bd, 3ba home that is the epitome of SoCal living. This turnkey home is defined by its breathtaking panoramic views, spanning from the Downtown skyline all the way to Mt. Soledad, best enjoyed from the expansive 1,300-square-foot second-story deck. The interior is fully renovated, and features a cantina window / seating area into the backyard, is illuminated by recessed lighting and framed by dual-pane windows, culminating with a chef’s kitchen equipped with dual Fisher Paykel dishwashers and premium finishes. The entire second level is dedicated to a luxurious primary suite, offering a massive walk-in closet and private French door access to the wrap-around deck. Outside, this home has a heated, PebbleTec-surfaced pool and spa, while the flexible garage space currently serves as an outdoor game room. Situated just minutes from the hiking trails of Tecolote Canyon, the water sports of Mission Bay, and top-rated schools, this home offers an unparalleled lifestyle of comfort and convenience in Bay Park.

Mortgage Calculator

Est. Monthly Payment

$13,960

Principal & Interest$11,119
Property Tax$2,199
Insurance$641
%($439,800)
%

Investment Score

0D
Est. Monthly Rent
$6,447
Monthly Cashflow

Rent − PITIA

$-7,512
Full Cashflow

Incl. vacancy, PM, maint, capex

$-10,828

Mortgage (P+I)
$11,119
Cap Rate
0.16%
Cash-on-Cash
-29.54%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.46
Break-even Rent
$20,509

NOI (Annual)
$3,500
Price-to-Rent

Lower = better for investors

28.4

* 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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