1275 Pennsylvania Ave

1275 Pennsylvania Ave

D

San Diego, CA 92103

$1,995,000

Soft Appraisal Value: $1,945,100 · 2.6% above estimate

Beds

4

Baths

4

Sqft

2,332

Year Built

1940

Days on Market

9

Property Type

Single Family

HOA/mo

N/A

MLS ID

260006689SD

Description

Welcome to 1275 Pennsylvania Avenue, a rare opportunity in the heart of Hillcrest offering space, flexibility, and exceptional upside. Situated on a generous 7,000+ sq ft lot, this property features over 2,000 sq ft of living space—an uncommon find in one of San Diego’s most vibrant and walkable neighborhoods. The home boasts an open and functional layout with abundant natural light, creating a warm and inviting atmosphere throughout. What truly sets this property apart is the additional dwelling unit (ADU), providing endless possibilities for rental income, multi-generational living, a private guest retreat, or a dedicated work-from-home space. Located just minutes from Balboa Park, top-rated restaurants, coffee shops, nightlife, Downtown San Diego, and the airport, this home offers the perfect blend of lifestyle, convenience, and investment potential. Whether you’re looking to live, invest, or both—this is a rare Hillcrest opportunity you don’t want to miss.

Mortgage Calculator

Est. Monthly Payment

$12,665

Principal & Interest$10,088
Property Tax$1,995
Insurance$582
%($399,000)
%

Investment Score

2D
Est. Monthly Rent
$6,687
Monthly Cashflow

Rent − PITI − HOA

$-5,978
Full Cashflow

Incl. vacancy, PM, maint, capex

$-9,178

Mortgage (P+I)
$10,088
Cap Rate
0.55%
Cash-on-Cash
-27.60%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.53
Break-even Rent
$18,607

NOI (Annual)
$10,914
Price-to-Rent

Lower = better for investors

24.9

* 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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