716 Dover
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716 Dover

C

San Diego, CA 92109

$2,200,000
NEW — 5d

Soft Appraisal Value: $2,151,800 · 2.2% above estimate

Beds

3

Baths

1

Sqft

858

Year Built

1955

Days on Market

5

Property Type

Single Family

HOA/mo

N/A

MLS ID

260015199SD

This property is in San Diego (92109). View neighborhood stats →

About This Property

Outstanding South Mission Beach opportunity located one property from the oceanfront on the sunny side of the Court. This single-story 3BR/1BA home offers immediate enjoyment and significant upside. Potential to remodel or redevelop up to three stories. Zoned for up to two units plus an ADU, with the possibility of panoramic rooftop decks. Situated on the highly desirable north side of the courts, known for superior sun exposure and natural light, and along Strandway—the closest location to the beach outside of oceanfront properties. Features include a two-car side-by-side garage, peek ocean views from the front patio, and a location just steps to the beach and across from Mission Bay. Close to dining, shopping, Belmont Park, SeaWorld San Diego, and San Diego Zoo. Rare opportunity to own a property just one home from the oceanfront on the coveted sunny side of the court in South Mission Beach. This single-story, 3-bedroom, 1-bath residence offers exceptional flexibility—enjoy comfortable coastal living as-is, renovate to suit your vision, or redevelop with the potential to build up to three stories. The property is zoned for up to two units plus an ADU, creating the opportunity for rooftop decks with panoramic views. Homes on the north side of the courts are especially desirable for their abundant sunlight and natural light, while properties along Strandway are among the closest to the beach outside of true oceanfront locations. This property offers the best of both. Additional features include a two-car side-by-side garage and a large bonus storage or flex space. Ideally located just blocks from Belmont Park, approximately 2 miles from SeaWorld San Diego, and about 15 minutes from San Diego Zoo. Restaurants, shopping, and entertainment are all nearby, while the beach is only about 100 feet away and Mission Bay is directly across the street. Enjoy peek ocean views from the front patio.

Mortgage Calculator

Est. Monthly Payment

$13,966

Principal & Interest$11,124
Property Tax$2,200
Insurance$642
%($440,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$5,751
Monthly Cashflow

Rent − PITIA

$-8,215
Full Cashflow

Incl. vacancy, PM, maint, capex

$-11,371

Mortgage (P+I)
$11,124
Cap Rate
-0.13%
Cash-on-Cash
-31.01%
DSCR

Need ≥ 1.25 for DSCR loan

0.41
Break-even Rent
$20,519

NOI (Annual)
$-2,965
Price-to-Rent

Lower = better for investors

31.9

* 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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