885 Rosecrans St San Diego

885 Rosecrans St San Diego

D

, CA 92106

$3,495,000

Beds

6

Baths

5

Sqft

4,061

Year Built

1959

Days on Market

188

Property Type

Single Family

HOA/mo

N/A

MLS ID

250037348SD

Description

Major Price Adjustment! Welcome to 885 Rosecrans in the prestigious La Playa neighborhood of Point Loma. This is a stunning 4061 sq. ft. sophisticated home with a spectacular Bay View, an Infinity Pool and a Spa-like vibe upon entry. It has been upgraded with new paint inside and out and is perfectly situated in one of the area’s most desirable neighborhoods within walking distance of Kellogg’s Beach along the Bessemer Trail just around the corner. It’s also within strolling distance of the La Playa Village area, yacht clubs, stores and various eateries. This home boasts a unique floor plan offering the flexibility of two homes in one. Upstairs is a level entry right off of the gated portico with 2 Bedrooms and 2 ½ Baths,laundry, chef’s kitchen delivering effortless entry and an up-close Bay View of the Point Loma/La Playa Yachting Basin with an abundance of natural light and tranquility, especially enjoyed from the large Veranda overlooking the pool and rear yard. The Downstairs can be reached from the internal staircase or from a separate stairway along the side of the house offering private entry. The downstairs can be locked-off if desired for a “second unit” featuring 4 Bedrooms 2 ½ Baths with Poolside and Jacuzzi access from the Primary Bedroom and a Livingroom. The décor is “Modern So-Cal Beach”. This area features a second kitchen, laundry and media room with a huge, big screen. Thus, the upstairs and downstairs can be used as one large home, or optionally as separate living quarters, say for teenaged children, an extended family, extra rental income, etc. Welcome to 885 Rosecrans, located in the distinguished La Playa neighborhood of Point Loma. This impressive 4,061 sq. ft. residence offers sophisticated living with sweeping bay views, an infinity pool, and a spa-inspired atmosphere upon entry. Recently enhanced with new interior and exterior paint, the property enjoys a prime setting within one of the area’s most sought-after communities, just a short walk from Kellogg’s Beach via the Bessemer Trail. It is also conveniently positioned near La Playa Village, yacht clubs, retail shops, and various dining establishments. The lower level is accessible via an interior staircase or a separate exterior entry, allowing for privacy and the option to lock off this space as a second unit. This level includes four bedrooms, two and a half bathrooms, direct access to the pool and jacuzzi from the primary bedroom and living room, and a modern Southern California beach aesthetic. Additional amenities include a second kitchen, laundry area, and a media room with an oversized screen. The home may be configured as a single expansive residence or divided into distinct living quarters—suitable for teenage children, extended family, or potential rental income. The rear yard further enhances the property with an outdoor kitchen and barbecue, a dining deck, and a fire pit, creating an ideal environment for entertaining and relaxation.

Mortgage Calculator

Est. Monthly Payment

$22,187

Principal & Interest$17,673
Property Tax$3,495
Insurance$1,019
%($699,000)
%

Comparable Properties

2 comps found

This Property

$8,267

vs

Comp Average

$7,374

Comps based on same zip code, similar beds (±1), price range (60-150%).

Investment Score

0D
Est. Monthly Rent

Market Rent Estimate

$8,267
Monthly Cashflow

Rent − PITI − HOA

$-13,920
Full Cashflow

Incl. vacancy, PM, maint, capex

$-18,734

Mortgage (P+I)
$17,673
Cap Rate
-0.36%
Cash-on-Cash
-23.90%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.47
Break-even Rent
$22,187

NOI (Annual)
$-12,731
Price-to-Rent

Lower = better for investors

35.2

* Defaults: 20% down, 6.5% rate, 30yr.

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