1224 27th

1224 27th

D

San Diego, CA 92102

$860,000
NEW — 6d on market

Beds

2

Baths

1

Sqft

984

Year Built

1930

Days on Market

6

Property Type

Single Family

HOA/mo

N/A

MLS ID

260007406SD

View on MLS

Description

Who is looking for their own easy ADU project?! This is perfect for first time ADU builders, savvy investors, as well as buyers looking to build their own house hacked 2 unit to live in! The property will come with stamped permits to build TWO side by side ~1000 SF 2BR 2BA townhome style units, fully amenitized with washer/dryer in unit, AC, balconies and patio space, and parking on site! Location doesn't get better: 5-10 minute WALK to beautiful Balboa Park and some of the best restaurants in Golden Hill! Construction can even be lined up by the Seller for a turnkey experience - reach out to Florian for more info, plans, valuation etc (or agents click D in MLS). Take advantage of NOT having to wait for long permitting timelines, grab your tools and let the fun begin!

Mortgage Calculator

Est. Monthly Payment

$5,459

Principal & Interest$4,349
Property Tax$860
Insurance$251
%($172,000)
%

Investment Score

2D
Est. Monthly Rent
$3,093
Monthly Cashflow

Rent − PITIA

$-2,367
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,795

Mortgage (P+I)
$4,349
Cap Rate
0.77%
Cash-on-Cash
-26.47%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.57
Break-even Rent
$8,021

NOI (Annual)
$6,647
Price-to-Rent

Lower = better for investors

23.2

* 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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