1056 Lincoln Ave
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1056 Lincoln Ave

D

San Diego, CA 92103

$1,949,000
NEW — 1d on market

Beds

4

Baths

3

Sqft

2,396

Year Built

1938

Days on Market

1

Property Type

Single Family

HOA/mo

N/A

MLS ID

260008590SD

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

About This Property

Beautiful 3 bed 2 bath home plus 728 sf 1 bed 1 bath ADU on a large parklike lot in University Heights with development potential! This beautifully designed home on a quiet dead end street feels like you are living in Balboa Park. The home features a spacious light filled living area with large open concept kitchen with island, pantry, and spacious dining room all opening to a large back deck overlooking the grounds. Additional features include quartz counters, all wood cabinets, professional grade appliances, a spacious primary suite with huge walk in closet and en-suite bathroom, low flow plumbing fixtures, LED lights, and spa like bathrooms. The large 1 bedroom unit below with it's own entrance is the perfect income property a high demand area, guest home or in-laws suite with it's own patio, walk in closet, and large kitchen. The icing on the cake is the large terraced backyard that make for the perfect garden or possibly potential for development of future units! A truly rare property!

Mortgage Calculator

Est. Monthly Payment

$12,373

Principal & Interest$9,855
Property Tax$1,949
Insurance$568
%($389,800)
%

Location

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Investment Score

2D
Est. Monthly Rent
$6,822
Monthly Cashflow

Rent − PITIA

$-5,550
Full Cashflow

Incl. vacancy, PM, maint, capex

$-8,743

Mortgage (P+I)
$9,855
Cap Rate
0.68%
Cash-on-Cash
-26.92%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.55
Break-even Rent
$18,177

NOI (Annual)
$13,341
Price-to-Rent

Lower = better for investors

23.8

* 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.

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