6206 Pontiac

6206 Pontiac

D

San Diego, CA 92115

$2,170,000

Soft Appraisal Value: $2,100,100 · 3.3% above estimate

Beds

3

Baths

1.5

Sqft

2,152

Year Built

1949

Days on Market

58

Property Type

Single Family

HOA/mo

N/A

MLS ID

OC26027801

View on MLS

Description

High-density residential development opportunity featuring four units, suitable for the construction of up to 18 bedrooms and 18 bathrooms, with multiple garages. The proposed project offers a total building area of approximately 6,800 square feet, situated on an approximately 8,800 square-foot lot. Proposed plans are available for review; upon buyer’s approval, plans may be submitted immediately, with an estimated approval timeline of approximately six months, subject to city review and approval. Estimated construction costs are approximately $180 per square foot; please contact the listing agent for additional details. Drive-by viewing only; please do not disturb tenants. Buyer to independently verify all information; seller makes no representations or warranties as to accuracy.

Mortgage Calculator

Est. Monthly Payment

$13,776

Principal & Interest$10,973
Property Tax$2,170
Insurance$633
%($434,000)
%

Investment Score

0D
Est. Monthly Rent
$5,437
Monthly Cashflow

Rent − PITIA

$-8,339
Full Cashflow

Incl. vacancy, PM, maint, capex

$-11,398

Mortgage (P+I)
$10,973
Cap Rate
-0.23%
Cash-on-Cash
-31.51%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.39
Break-even Rent
$20,239

NOI (Annual)
$-5,098
Price-to-Rent

Lower = better for investors

33.3

* 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.

Get Expert AnalysisOpen Full Calculator