1040 Johnson
1 / 20

1040 Johnson

D

San Diego, CA 92103

$1,999,000
NEW — 1d on market

Beds

3

Baths

2

Sqft

2,314

Year Built

1914

Days on Market

1

Property Type

Single Family

HOA/mo

N/A

MLS ID

260008881SD

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

About This Property

This home has everything you are seeking in University Heights! The gorgeous canyon views and beautiful outdoors space will delight your senses. Mature eucalyptus trees frame your vantage to the serene canyon from the bedrooms, kitchen, elevated deck, and back yard areas as birds welcome the day. Originally built in 1914 and renovated in 2014, this home has classic Craftsman charm with a great layout, including a formal dining room with built-in vintage cabinetry, a bright sunroom, and a cozy fireplace. Wainscoting, classic styling, original window framing, and a true front porch make this exactly the adorable and functional home you've been dreaming of! The sparkling fountain in the front yard greets you as you enter your new home. The old-world styling is combined with modern upgrades like remodeled bathrooms, air conditioning, newer hot water heater, and an exquisite kitchen with Viking appliances. The view deck overlooking the canyon was renovated in 2022. You have every convenience, including a large laundry room with newer washer and dryer. The family room has its own kitchenette, so that you can use the downstairs as the perfect guest suite, game room, exercise room, indoor theater, or media room! Biking, strolling, and hiking paths take you all over town to the Farmer's Market, Vermont Street footbridge to Hillcrest, Bankers Hill, Balboa Park, Park West, South Park, North Park, Normal Heights, Kensington and Downtown. Blocks to Trader Joe's, Ralph's, restaurants, cafes, and the new Normal Street Promenade. Do not miss this one; come tour it and fall in love today!

Mortgage Calculator

Est. Monthly Payment

$12,690

Principal & Interest$10,108
Property Tax$1,999
Insurance$583
%($399,800)
%

Location

Loading map...

Investment Score

1D
Est. Monthly Rent
$6,075
Monthly Cashflow

Rent − PITIA

$-6,615
Full Cashflow

Incl. vacancy, PM, maint, capex

$-9,678

Mortgage (P+I)
$10,108
Cap Rate
0.26%
Cash-on-Cash
-29.05%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.48
Break-even Rent
$18,644

NOI (Annual)
$5,159
Price-to-Rent

Lower = better for investors

27.4

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

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

Get Expert AnalysisOpen Full Calculator