1223 Pennsylvania Avenue
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1223 Pennsylvania Avenue

D

San Diego, CA 92103

$1,500,000
NEW — 0d on market

Beds

Baths

Sqft

2,249

Year Built

1915

Days on Market

0

Property Type

Multi-Family

HOA/mo

N/A

MLS ID

PTP2602639

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

Virtual Tour

About This Property

Tucked off the beaten path in Hillcrest means you'll enjoy the best of both worlds! This truly remarkable property is located on a quiet tree lined street while a few blocks away from the heart of this vibrant urban neighborhood. The 1915 craftsman home consists of 3 bedrooms and 2 bathrooms at an estimated 1359 square feet. Featuring charming built ins, original hardwood flooring and abundant natural light. Customize the home to your liking for a perfect place to call home. The back unit is a 2 bedroom 1 bathroom at an estimated 890 square feet and will warm your heart. This space has newer windows, a large primary bedroom and plentiful light throughout. This space rests on two large separate single car garages accessible from the alley that ceases. This is a walkers paradise! Walk to Balboa Park, The World Famous San Diego Zoo, grocery stores, shops, restaurants, cafes and so much more! There are multiple trails nearby including The Marston Canyon Trail. There are vast potential uses for this property: Live in one and rent the other, rent the entire property out, or gather up your friends and create your very own urban compound!

Mortgage Calculator

Est. Monthly Payment

$9,522

Principal & Interest$7,585
Property Tax$1,500
Insurance$437
%($300,000)
%

Location

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Investment Score

2D
Est. Monthly Rent
$5,250
Monthly Cashflow

Rent − PITIA

$-4,272
Full Cashflow

Incl. vacancy, PM, maint, capex

$-6,729

Mortgage (P+I)
$7,585
Cap Rate
0.68%
Cash-on-Cash
-26.92%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.55
Break-even Rent
$13,989

NOI (Annual)
$10,266
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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