5118 Streamview Drive

5118 Streamview Drive

Atop 10%

San Diego, CA 92105

$769,000
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.

20 licensed short-term rentals within ½ mile (13 whole home), from the cities' license and permit lists of Nov 3, 2026.

Pass at asking: -$2,727/mo full cashflow at 20% down, 7.49% rate.

Works at $415,407 (46% under asking), or at 71% down.

Rent $4,161/mo from 14 leases of houses within 1 mi, size-adjusted ($3,957–$4,554).

Beds

5

Baths

2

Sqft

1,924

Year Built

1960

Days on Market

—

Property Type

Single Family

HOA/mo

N/A

MLS ID

260026200SD

This property is in San Diego (92105). View neighborhood stats →

About This Property

Five bedrooms of possibility in San Diego's Chollas Creek. Opportunity is waiting at 5118 Streamview Drive, a 5-bedroom home pairing a flexible floor plan with the chance to build real equity. The main level features three bedrooms, newer flooring, and updated windows. Upstairs, two spacious bedrooms add privacy--ideal for a primary suite, home office, or guest retreat. Enjoy a cozy fireplace, forced-air heat, an oversized two-car garage, and a shaded outdoor area. The expansive lot offers ADU potential (buyer to investigate). Ready for updates and finishes, this solid home is a fantastic canvas for your vision. Welcome to 5118 Streamview Drive, a versatile 5-bedroom residence offering solid structure, functional living spaces, and exceptional value-add potential in San Diego's Chollas Creek community.

Mortgage Calculator

Est. Monthly Payment

$5,291

Principal & Interest$4,297
Property Tax$769
Insurance$224
%($153,800)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Marshall Elementary · grades PK-5 · San Diego Unified

  • Middle

    Mann Middle · grades 6-8 · San Diego Unified

  • High

    Crawford 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.

Renovation math

Flagged Light Value-Add from the listing remarks — “value-add”.

Asking now
$769K

$400/sqft

Worth finished
$944K

$490/sqft × 1,924 sqft

Budget to renovate
$174,676

$91/sqft to spend

Comparable finished homes nearby suggest this is worth $944K once it's brought to par — about $174,676 above the asking price. That spread is your renovation budget before the deal stops working.

Rent once renovated

Rent at par
$4,194/mo

$2.18/sqft × 1,924 sqft, median of 5 comps

Cashflow at that rent
−$2,702/mo

cap rate 2.82%, DSCR 0.79

Buying at asking and achieving par rent, excluding the renovation spend itself. We don't publish a current-condition rent: no listing remark says how much work a home needs, and mid-renovation it earns nothing.

Based on 5 comparable homes of the same property type and size currently listed nearby — asking prices and modelled rents, not closed sales. A contractor's scope, not this page, decides what a renovation actually costs.

Investment Score

53A
Est. Monthly Rent
$4,161

14 leases of houses within 1 mi, size-adjusted · $3,957–$4,554

Monthly Cashflow

Rent − PITIA

-$1,129
Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,727

What would make this work?

$2,727/mo short at 20% down; 71% down or +$3,542/mo rent closes it.

Break-even price

46% under asking

$415,407
Break-even rent

$3,542/mo above the estimate

$7,703/mo
Cashflow at 35% down
−$1,921/mo
Down payment to break even

$545,990 cash

71%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$4,297
Cap Rate
2.77%
Cash-on-Cash
-21.28%
DSCR

Need ≥ 1.25 for DSCR loan

0.79

NOI (Annual)
$21,338
Price-to-Rent

Lower = better for investors

15.4

* Modelled at 20% down, 7.49% 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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ACashflow−$2,727/mo