Address not disclosed · San Diego
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Address not disclosed · San Diego

Btop 30%

San Diego, CA 92114

$835,000
STR-eligible · San Diego Tier 3 · TOT 12.75%

One license per person in San Diego: whether you can hold it depends on you, not only the home.

3 licensed short-term rentals within ½ mile (2 whole home), from the cities' license and permit lists of Nov 13, 2026.

Pass at asking: -$2,892/mo full cashflow at 20% down, 7.36% rate.

Works at $456,651 (45% under asking), or at 71% down.

Rent $4,532/mo from 14 leases of 3–5 bed houses within 2 mi ($4,572–$5,293).

Beds

4

Baths

2.5

Sqft

2,128

Year Built

1978

Days on Market

170

Property Type

Single Family

HOA/mo

N/A

MLS ID

260012728SD

This property is in San Diego (92114). Browse neighborhood analytics →

Virtual Tour

About This Property

Gorgeous turnkey home in Lomita Village, just moments from Lemon Grove. Situated on a serene street primarily traveled by residents, this recently upgraded home offers a warm and inviting retreat. Step inside to a spacious living room accented by an oil-rubbed bronze ceiling fan. Your attention is naturally drawn to the room’s focal point: a classic brick fireplace finished in rich espresso, a warm tone echoed throughout the stair railings. The living room flows seamlessly into a dining area that comfortably fits a table for 8, with sliding doors opening to a 12' x 40' patio—ideal for al fresco dining and entertaining. The dining area is conveniently adjacent to the updated kitchen, featuring quality cabinetry, granite countertops, ceramic tile flooring, recessed lighting, black appliances, a stainless steel sink, and a granite breakfast bar. Beyond the breakfast bar, the family room is designed for relaxing, entertaining, and TV viewing, with direct access from the 2-car attached garage. A nearby downstairs bathroom features an enclosed shower. A second set of sliding doors extend the living space outdoors, connecting easily with the dining area and patio. The stairwell provides a natural transition to the upper level, bringing together the home’s cohesive palette—Navajo white walls, crisp white baseboards, espresso railings, and Behr “Pure Heart” trim—grounded by neutral waffle-pattern carpet and an oil-rubbed bronze overhead light fixture. (Continued in Supplement) Upstairs features four bedrooms, three of which includes ceiling fans. All bedrooms, hallways, and closets have been updated with new carpeting, complemented by new hallway light fixtures and bronze door hardware. The spacious 12' x 16' primary suite has a generous 9' x 5' walk-in closet plus an updated bathroom with granite vanity, a custom-tiled shower enclosure and updated lighting and plumbing fixtures. A secondary bedroom features double doors, while the hallway bath has been tastefully updated with granite, ceramic tile, and new fixtures. The front yard features low-maintenance decorative gravel, offering clean curb appeal and ease of upkeep. The expansive backyard offers approximately 48' x 56' of usable space with a large patio, ideal for entertaining, BBQs, gardening, and outdoor gatherings. A storage shed conveys with the property, and the yard is well-suited for recreation, play, and pets, with ample space for games and outdoor living. Beyond the usable yard area, the lot continues with a natural downslope. Move-in ready and thoughtfully updated, this home offers comfortable living, flexible spaces, and easy indoor-outdoor enjoyment in a quiet residential setting.

Mortgage Calculator

Est. Monthly Payment

$5,685

Principal & Interest$4,607
Property Tax$835
Insurance$244
%($167,000)
%
Loan Term

The seller chose not to publish this home's address, so we don't show it on a map or name its zoned schools. Agents can see it in the MLS: ask us and we'll get it for you.

Investment Score

51B
Est. Monthly Rent
$4,532

14 leases of 3–5 bed houses within 2 mi · $4,572–$5,293

Blended 50/50 with the zip's market median ($4,263)

Monthly Cashflow

Rent − PITIA

-$1,154
Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,892

What would make this work?

$2,892/mo short at 20% down; 71% down or +$3,756/mo rent closes it.

Break-even price

45% under asking

$456,651
Break-even rent

$3,756/mo above the estimate

$8,288/mo
Cashflow at 35% down
−$2,028/mo
Down payment to break even

$592,850 cash

71%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$4,607
Cap Rate
2.79%
Cash-on-Cash
-20.78%
DSCR

Need ≥ 1.25 for DSCR loan

0.80

NOI (Annual)
$23,297
Price-to-Rent

Lower = better for investors

15.4

* 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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BCashflow−$2,892/mo