728 Jamaica Court
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728 Jamaica Court

D

San Diego, CA 92109

$2,999,000

Soft Appraisal Value: $2,907,600 · 3.1% above estimate

Beds

4

Baths

3.5

Sqft

2,386

Year Built

1995

Days on Market

46

Property Type

Single Family

HOA/mo

N/A

MLS ID

PTP2603012

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

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About This Property

Beautiful and very spacious Mission Beach home with ocean views and a second unit. Ideal as a duplex or single-family home with ADU. (Two homes, 1 parcel, no HOA) Located just five homes from the beach/boardwalk, this property offers the perfect blend of coastal living and income potential. The main residence features 3 bedrooms plus an optional 4th bedroom, 2.5 bathrooms, and over 1,900 square feet of living space. Highlights include vaulted high-beam wood ceilings, abundant natural light, plantation shutters, dual-pane windows, a spacious loft, ample storage, 2 fireplaces, and attached 2 car garage. Enjoy indoor-outdoor living with a fenced in large patio, 2 decks, and 2 balconies capturing the ocean breeze, views and Sea World fireworks. The second house offers a 1 bedroom, 1 bathroom layout with its own entrance and balcony, granite countertops, stainless steel appliances, and washer/dryer hookups. Perfect for rental income, guests, or extended family. All within walking distance to restaurants, shops, and just a few blocks from Belmont Park and the iconic roller coaster. Live in one, rent the other, or enjoy the entire property as your own beach retreat.

Mortgage Calculator

Est. Monthly Payment

$19,038

Principal & Interest$15,165
Property Tax$2,999
Insurance$875
%($599,800)
%

Location

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Investment Score

0D
Est. Monthly Rent
$7,674
Monthly Cashflow

Rent − PITIA

$-11,365
Full Cashflow

Incl. vacancy, PM, maint, capex

$-15,629

Mortgage (P+I)
$15,165
Cap Rate
-0.19%
Cash-on-Cash
-31.27%
DSCR

Need ≥ 1.25 for DSCR loan

0.40
Break-even Rent
$27,971

NOI (Annual)
$-5,570
Price-to-Rent

Lower = better for investors

32.6

* 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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