104 Lewis Street
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104 Lewis Street

Ctop 80%

San Diego, CA 92103

$1,295,000
STR: check · no permits in this complex · TOT 12.75%

87 licensed short-term rentals within ½ mile (62 whole home), from the cities' license and permit lists of Nov 8, 2026.

No unit in this 7-unit complex holds a short-term rental license, so nothing shows its HOA allows them. Get the CC&Rs before counting on short-term income.

Pass at asking: -$6,840/mo full cashflow at 20% down, 7.43% rate.

Works at $404,504 (69% under asking), or at 97% down.

Rent $4,814/mo from 13 leases of 2–4 bed condos & townhomes within 1 mi, same school area ($4,339–$6,008).

Beds

3

Baths

3

Sqft

1,878

Year Built

2003

Days on Market

44

Property Type

Townhouse

HOA/mo

$600

MLS ID

260023231SD

This property is in San Diego (92103). View neighborhood stats →

About This Property

RARELY AVAILABLE TOWNHOME IN THE HEART OF MISSION HILLS! This beautifully appointed 3-bedroom, 3-bathroom townhome with 2025 HVAC (w/10yr warranty) offers almost 1,900 square feet of sophisticated, modern living in one of San Diego’s most desirable neighborhoods. Thoughtfully designed with an exceptional blend of style, functionality, and convenience, the home features two master suites, including one conveniently located on the entry level providing flexibility for guests, multigenerational living, or a private home office. Upon entering, you are greeted by an inviting open-concept living space showcasing abundant natural light, soaring ceilings, and beautiful engineered wood flooring throughout. The thoughtfully designed floor plan creates an ideal setting for both comfortable everyday living and effortless entertaining. At the center of the home is a newly remodeled chef’s kitchen, featuring a Café refrigerator, premium appliances, gorgeous cabinetry, sleek countertops, a spacious island, and sophisticated modern finishes. The kitchen seamlessly connects to the living area and provides direct access to the private patio, creating an ideal indoor-outdoor setting for entertaining or enjoying a quiet morning. The patio is also accessible from the second floor bedroom and offers a private outdoor retreat with ample space to create your own urban oasis. All three bathrooms have been tastefully remodeled with contemporary finishes and thoughtful design, maximizing both style and functionality. Additional interior conveniences include a full-size, side-by-side washer and dryer and an array of integrated smart-home features, including smart light switches, remote-controlled window coverings throughout, a Ring doorbell, and a security system. The attached, direct-access 2-car garage provides exceptional convenience and security, while offering abundant storage, a Tesla charging station, and a tankless water heater. Ideally situated in Mission Hills, this home places you just steps from an outstanding selection of restaurants, shopping, entertainment, freeway access, and everyday amenities. With no alleys. This exceptional townhome offers the perfect balance of luxury, privacy, convenience, and modern city living.

Mortgage Calculator

Est. Monthly Payment

$9,467

Principal & Interest$7,194
Property Tax$1,295
Insurance$378
HOA$600
%($259,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Florence Elementary · grades PK-5 · San Diego Unified

  • Middle

    Roosevelt International Middle · grades 6-8 · San Diego Unified

  • High

    San Diego 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.

Investment Score

6C
Est. Monthly Rent
$4,814

13 leases of 2–4 bed condos & townhomes within 1 mi, same school area · $4,339–$6,008

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$4,653
Full Cashflow

Incl. vacancy, PM, maint, capex

-$6,840

What would make this work?

$6,840/mo short at 20% down; 97% down or +$8,883/mo rent closes it.

Break-even price

69% under asking

$404,504
Break-even rent

$8,883/mo above the estimate

$13,697/mo
Cashflow at 35% down
−$5,491/mo
Down payment to break even

$1,256,150 cash

97%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$7,194
Cap Rate
0.55%
Cash-on-Cash
-31.69%
DSCR

Need ≥ 1.25 for DSCR loan

0.51

NOI (Annual)
$7,144
Price-to-Rent

Lower = better for investors

22.4

* 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.

Open Full Calculator
CCashflow−$6,840/mo