
942 Rosecrans St
Ctop 80%San Diego, CA 92106
One license per person in San Diego: whether you can hold it depends on you, not only the home.
45 licensed short-term rentals within ½ mile (33 whole home), from the cities' license and permit lists of Nov 14, 2026.
Pass at asking: -$12,016/mo full cashflow at 20% down, 7.36% rate.
Works at $877,789 (64% under asking), or at 92% down.
Rent $8,712/mo from 11 leases of 4–6 bed houses within 2 mi ($8,198–$8,565).
Beds
5
Baths
3
Sqft
3,200
Year Built
2003
Days on Market
45
Property Type
Single Family
HOA/mo
N/A
MLS ID
260023714SD
This property is in San Diego (92106). View neighborhood stats →
About This Property
Modern design, downtown skyline views and exceptional flexibility come together in this thoughtfully remodeled La Playa residence, featuring a 3 bedroom, 2 bath main home and separate 2 bedroom, 1 bath guest residence. Set in the heart of Point Loma, the property pairs beautifully updated interiors with an exceptional coastal location. The main level is centered around a light-filled, open concept great room and expansive kitchen with abundant cabinetry, stainless steel appliances and thoughtfully selected finishes. Large windows capture natural light and views toward downtown San Diego. Additional features include air conditioning, owned solar and a generous dedicated laundry room with extra storage and flexible-use space. Outdoor areas include a welcoming front porch and turf front yard, plus a private backyard with turf, covered gazebo and gas fire pit, an inviting setting for entertaining or relaxing. The lower level guest residence features its own entrance, generous bedrooms and dedicated laundry, offering flexibility for extended family, guests, a home office or additional living space. A detached two-car garage provides parking and storage. Enjoy easy access to Bessemer Beach, Kellogg Beach, the San Diego Yacht Club, Shelter Island and Point Loma Village, with waterfront paths and neighborhood dining nearby. With two distinct living spaces, downtown views and multiple outdoor areas, this is a rare opportunity to enjoy the best of La Playa and Point Loma.
Mortgage Calculator
Est. Monthly Payment
$16,682
Location
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Zoned Schools
Elementary
Cabrillo Elementary · grades PK-4 · San Diego Unified
Middle
Correia Middle · grades 7-8 · San Diego Unified
High
Point Loma 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
5 comps foundThis Property
$8,712
Comp Average
$7,467
1174 Concord
4bd / 3ba · 3,166 sqft · Single Family
$1.95M
Est. $7,785/mo
2175 Clove Street
5bd / 5ba · 2,644 sqft · Single Family
$2.19M
Est. $7,565/mo
3235 Fenelon St.
5bd / 3ba · 2,491 sqft · Single Family
$2.40M
Est. $6,942/mo
3327 Fenelon
4bd / 3ba · 2,640 sqft · Single Family
$2.60M
Est. $6,985/mo
350 San Elijo
4bd / 5.5ba · 3,460 sqft · Single Family
$3.30M
Est. $8,056/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
11 leases of 4–6 bed houses within 2 mi · $8,198–$8,565
Blended 50/50 with a property-level estimate
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$12,016/mo short at 20% down; 92% down or +$15,605/mo rent closes it.
- Break-even price
- $877,789
- Break-even rent
- $24,317/mo
- Cashflow at 35% down
- −$9,481/mo
- Down payment to break even
- 92%
- Rate to break even
- Not reachable
64% under asking
$15,605/mo above the estimate
$2,254,000 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.36% 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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