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3857-61 Kendall Street presents an exceptional opportunity to acquire four luxury coastal residences in Crown Point, one of San Diego's most desirable and supply-constrained residential enclaves. Combining newly constructed front residences with a comprehensively renovated rear duplex, the property pairs sophisticated contemporary design with an extraordinary investment in materials, craftsmanship, and technology. Originally conceived as the owner's personal residence and a long-term pride-of-ownership asset, Kendall was developed with a level of care and customization rarely found in the two- to four-unit market. The owner's investment extended substantially beyond the original budget, resulting in a residential experience distinguished by Thermador appliances, custom cabinetry and closets, Italian tile, Brizo fixtures, Mitsubishi in-ceiling HVAC, automated shades, and solar power. Four private garages with EV charging further elevate the property's appeal, delivering convenience and amenities seldom available in a coastal multifamily setting. A subsequent change in the owner's occupancy plans now brings this meticulously executed property to market. The flagship three-bedroom, two-bath residence anchors the offering, providing an exceptional opportunity for a purchaser seeking a premier coastal home with substantial supplementary rental income. Currently leased at $11,000 per month, this residence includes a purchaser occupancy provision allowing for availability on 60 days' notice, subject to the lease terms and applicable requirements. The remaining three residences are leased at premium rents, and the property's leasing history has demonstrated strong demand, with multiple residences securing rents at or above asking shortly after launch. At full stabilization, the property generates approximately $30,750 per month, or $369,000 annually, in gross rental income. This income profile supports two compelling ownership strategies: retain all four residences as a trophy rental investment, or occupy the flagship residence while rental income from the other three meaningfully offsets ownership costs. As a four-residence property, Kendall may also qualify for conventional residential financing, subject to borrower qualifications and lender requirements, broadening its appeal to both investors and owner-users. With its exceptional finishes, demonstrated rental demand, and flexible ownership options, 3857-61 Kendall Street offers a distinctive opportunity to own a luxury coastal asset in the heart of Crown Point.
Property Type(s):
Residential Income
| Last Updated | 10/19/2026 | Tract | Crown Point |
|---|---|---|---|
| Year Built | 2026 | Community | 92109 - Pacific Beach |
| County | San Diego |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Water Heater |
| AREA | 92109 - Pacific Beach |
| HEAT | Electric, Forced Air |
| LOT | 5236 sq ft |
| LOT DIMENSIONS | 5234 |
| POOL DESCRIPTION | None |
| STORIES | 2 |
| SUBDIVISION | Crown Point |
| VIEW | Yes |
| VIEW DESCRIPTION | Bay, Ocean |
Location
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Listed with Conor Brennan, Broker
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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