
803 Kennebeck Ct
Dbottom 20%San Diego, CA 92109
535 licensed short-term rentals within ½ mile (462 whole home), from the cities' license and permit lists of Nov 11, 2026.
Pass at asking: -$21,657/mo full cashflow at 20% down, 7.43% rate.
Works at $679,274 (81% under asking); even all cash loses money at asking.
Rent $7,385/mo from 9 leases of condos & townhomes within 2 mi, same school area, size-adjusted ($5,624–$8,049).
Beds
4
Baths
3.5
Sqft
2,277
Year Built
2021
Days on Market
95
Property Type
Condo
HOA/mo
$469.46
MLS ID
260019407SD
This property is in San Diego (92109). View neighborhood stats →
About This Property
Rare opportunity to own a detached home in the heart of Mission Beach, just 60 steps from Mission Bay and only 90 steps from the Pacific Ocean. Whether you're looking for a full-time residence, vacation getaway, or investment opportunity, this coastal-inspired retreat offers the perfect blend of comfort, style, and an unbeatable location. The open-concept floor plan is filled with natural light and centers around a beautifully designed kitchen featuring a large island with seating for four, bright white cabinetry, stainless steel appliances, and abundant storage. Neutral gray paint, crisp white baseboards, and timeless finishes create a light, airy coastal feel throughout. Enjoy spacious bedrooms, indoor laundry, an attached two-car garage, and a fully enclosed front yard, perfect for relaxing after a day at the beach. Two large upper-level balconies invite you to soak in the ocean breeze, while the third-floor bonus room offers incredible versatility with built-in countertops, a sink, microwave, beer and wine refrigerator, and access to a large private balcony with peek views of both Mission Bay and the Pacific Ocean. Located in one of San Diego's most iconic beach communities, you'll be just moments from the sand, bay, Belmont Park, scenic boardwalks, waterfront paths, popular restaurants, cafés, boutique shopping, and endless outdoor recreation. Whether you're catching the sunset, biking along the boardwalk, or enjoying the vibrant coastal atmosphere, this exceptional home places the very best of Mission Beach right outside your door.
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Est. Monthly Payment
$24,427
Location
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Zoned Schools
Elementary
Pacific Beach Elementary · grades PK-5 · San Diego Unified
Middle
Pacific Beach Middle · grades 6-8 · San Diego Unified
High
Mission Bay 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
3 comps foundThis Property
$7,385
Comp Average
$5,811
3828 Riviera Dr
2bd / 2ba · 2,053 sqft · Condo
$3.35M
Est. $5,974/mo
2689 Ocean Front Walk
3bd / 2.5ba · 1,615 sqft · Condo
$3.20M
Est. $5,969/mo
1177 Pacific Beach Dr
3bd / 2ba · 1,552 sqft · Condo
$3.20M
Est. $5,490/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Short-term not available here. Mission Beach (Tier 4) is capped and full, with a waitlist. See the rules
Investment Score
9 leases of condos & townhomes within 2 mi, same school area, size-adjusted · $5,624–$8,049
Blended 50/50 with the zip's market median ($7,456)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$21,657/mo short at 20% down; +$28,126/mo rent closes it.
- Break-even price
- $679,274
- Break-even rent
- $35,511/mo
- Cashflow at 35% down
- −$18,013/mo
- Down payment to break even
- Not reachable
- Rate to break even
- Not reachable
81% under asking
$28,126/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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