5153 Muir Avenue
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5153 Muir Avenue

Dbottom 20%

San Diego, CA 92107

$3,599,000
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.

This parcel holds a short-term rental license: Tier 3 (whole home), through May 2027. It doesn’t transfer: a buyer applies for their own.

308 licensed short-term rentals within ½ mile (269 whole home), from the cities' license and permit lists of Nov 11, 2026.

Pass at asking: -$21,009/mo full cashflow at 20% down, 7.43% rate.

Works at $863,684 (76% under asking); even all cash loses money at asking.

Rent $8,615/mo from 13 leases of houses within 1 mi, size-adjusted ($8,330–$9,792).

Beds

5

Baths

6

Sqft

3,370

Year Built

1975

Days on Market

45

Property Type

Single Family

HOA/mo

N/A

MLS ID

PTP2607275

This property is in San Diego (92107). View neighborhood stats →

Virtual Tour

About This Property

Rare opportunity just steps from the ocean in the heart of Ocean Beach! This unique coastal property offers two detached residences on one lot, creating an exceptional setup for multigenerational living, extended family, guests, a home office, or added flexibility. The front residence is a charming 3-bedroom, 2-bath Craftsman-style home filled with classic coastal character. Plus, a finished attic space with attached bath (1000+sqft not included in listed sqft). The rear residence is a spacious detached 3-bedroom, 3.5-bath townhome-style home positioned above the garages and offering beautiful bay and whitewater views. Together, the property provides six bedrooms, generous living space, multiple parking options, and the privacy of two separate homes—all in one of San Diego’s most desirable beach communities. Enjoy gated access, solar, an outdoor shower, multiple garage spaces, driveway parking, and the unbeatable convenience of being only steps from the sand, surf, restaurants, cafes, shops, and everything Ocean Beach has to offer. Perfect for buyers looking for a primary residence with room for family, guests, or additional living space without sacrificing privacy. Live in one home while keeping loved ones close, create a coastal compound, or simply enjoy the versatility that two detached residences provide. A truly rare opportunity to own a distinctive Ocean Beach property offering space, flexibility, views, and an incredible location near the Pacific.

Mortgage Calculator

Est. Monthly Payment

$24,643

Principal & Interest$19,994
Property Tax$3,599
Insurance$1,050
%($719,800)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Ocean Beach Elementary · grades PK-4 · San Diego Unified

  • Middle

    Correia Middle · grades 7-8 · San Diego Unified

  • High

    Point Loma 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
$8,615

13 leases of houses within 1 mi, size-adjusted · $8,330–$9,792

Monthly Cashflow

Rent − PITIA

-$16,028
Full Cashflow

Incl. vacancy, PM, maint, capex

-$21,009

What would make this work?

$21,009/mo short at 20% down; +$27,284/mo rent closes it.

Break-even price

76% under asking

$863,684
Break-even rent

$27,284/mo above the estimate

$35,899/mo
Cashflow at 35% down
−$17,260/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)
$19,994
Cap Rate
-0.19%
Cash-on-Cash
-35.02%
DSCR

Need ≥ 1.25 for DSCR loan

0.35

NOI (Annual)
-$7,006
Price-to-Rent

Lower = better for investors

34.8

* 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.

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DCashflow−$21,009/mo