
5917 Overlake Ave
Dbottom 20%San Diego, CA 92120
One license per person in San Diego: whether you can hold it depends on you, not only the home.
6 licensed short-term rentals within ½ mile (5 whole home), from the cities' license and permit lists of Nov 11, 2026.
Pass at asking: -$22,745/mo full cashflow at 20% down, 7.43% rate.
Works at $738,635 (80% under asking); even all cash loses money at asking.
Rent $7,367/mo from 9 leases of 4–6 bed houses within 2 mi ($6,701–$7,478).
Beds
5
Baths
4.5
Sqft
4,180
Year Built
1964
Days on Market
96
Property Type
Single Family
HOA/mo
N/A
MLS ID
260019259SD
This property is in San Diego (92120). View neighborhood stats →
About This Property
Perched above the tranquil waters of Lake Murray, this newly reimagined home blends new construction with heavily renovated living spaces, sweeping views that stretch from the shimmering lake to the surrounding mountains, and glimpses of the Pacific Ocean and Coronado Bridge. Offering approximately 4,180 SF, 5 bedrooms, 4.5 bathrooms, and a 2-car garage, the home features a versatile floor plan with two primary suites; a main level suite ideal for multigenerational living or guests, and a private upstairs retreat opening to a wraparound balcony where lake and mountain views and vivid sunrises become part of daily life. Disappearing walls of glass flood in natural light and extend the living spaces outdoors to a lush lawn, sunken fire lounge, and beautifully landscaped grounds for entertaining from sunrise through twilight. The chef’s kitchen centers on a backlit Cristallo quartzite waterfall island, paired with Taj Mahal quartzite, custom cabinetry, and premium appliances, flowing effortlessly into open living and dining spaces. The primary bath serves as a private spa with a freestanding soaking tub framed by lake and mountain views, floating stone vanities, and warm, organic textures throughout, complemented by wide plank hardwood floors and bespoke lighting. One of only 16 residences along this coveted hillside, the home offers direct access to Lake Murray’s trails and natural beauty, top-rated schools including Hearst Elementary and Patrick Henry HS, no HOA, and easy access to shopping, dining, and major freeways. A rare opportunity in highly sought after Del Cerro.
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Est. Monthly Payment
$25,334
Location
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Zoned Schools
Elementary
Hearst Elementary · grades K-5 · San Diego Unified
Middle
Lewis Middle · grades 6-8 · San Diego Unified
High
Henry 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.
Comparable Properties
1 comp foundThis Property
$7,367
Comp Average
$7,317
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
9 leases of 4–6 bed houses within 2 mi · $6,701–$7,478
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$22,745/mo short at 20% down; +$29,539/mo rent closes it.
- Break-even price
- $738,635
- Break-even rent
- $36,906/mo
- Cashflow at 35% down
- −$18,891/mo
- Down payment to break even
- Not reachable
- Rate to break even
- Not reachable
80% under asking
$29,539/mo above the estimate
Negative even all-cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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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