1103 33rd St
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1103 33rd St #4

D

San Diego, CA 92102

$2,249,999
NEW — 2d

Soft Appraisal Value: $2,190,300 · 2.7% above estimate

Beds

Baths

Sqft

2,550

Year Built

1950

Days on Market

2

Property Type

Multi-Family

HOA/mo

N/A

MLS ID

PTP2602984

This property is in San Diego (92102). View neighborhood stats →

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About This Property

Ideally situated in the highly desirable Golden Hill neighborhood of San Diego, just minutes from the entrance to the 94 freeway, this well-maintained multi-unit property offers both convenience and strong income potential. Each unit features a consistent, functional layout (model match), with Unit 4 offering an expanded private patio, adding additional tenant appeal. The property has been thoughtfully upgraded, including modernized kitchens and bathrooms, updated electrical and plumbing systems, and efficient wall heaters and mini split AC units. Additional highlights include: on-site laundry providing extra income, two parking spaces per unit (highly desirable in this area), private storage lockers for each unit and renovated in 2017. The current tenants currently cover the majority of operating expenses, resulting in extremely low monthly ownership costs and strong net income potential. Please note Unit # for Unit 1: 1103 Unit # for Unit 2: 1105 Unit # for Unit 3: 1115 Unit # for Unit 4: 1117

Mortgage Calculator

Est. Monthly Payment

$14,283

Principal & Interest$11,377
Property Tax$2,250
Insurance$656
%($450,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$4,027
Monthly Cashflow

Rent − PITIA

$-10,256
Full Cashflow

Incl. vacancy, PM, maint, capex

$-13,057

Mortgage (P+I)
$11,377
Cap Rate
-0.90%
Cash-on-Cash
-34.82%
DSCR

Need ≥ 1.25 for DSCR loan

0.28
Break-even Rent
$20,985

NOI (Annual)
$-20,162
Price-to-Rent

Lower = better for investors

46.6

* 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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