1519 29th Street
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1519 29th Street

D

San Diego, CA 92102

$1,699,000
NEW — 1d on market

Beds

3

Baths

3

Sqft

1,674

Year Built

1911

Days on Market

1

Property Type

Single Family

HOA/mo

N/A

MLS ID

260008809SD

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

About This Property

Rare opportunity to own a beautifully preserved 1911 Craftsman on iconic 29th Street in the heart of South Park. Historic designation with an active Mills Act contract delivers significant property tax savings and long-term value in one of San Diego’s most desirable neighborhoods. Behind its classic façade, the home has been extensively and thoughtfully upgraded for modern comfort, added safety, and long-term peace of mind. Major improvements include a full foundation replacement, upgraded electrical panel with extensive rewiring, and significant sewer line replacement and rehabilitation. Additional upgrades include a new HVAC system and water heater, as well as full interior and exterior paint. Historic character has been carefully preserved and enhanced with refinished original Craftsman details, coffered ceilings, rich woodwork, built-ins, updated lighting, and curated finishes that respect the home’s 1911 heritage. Set on a flat, usable lot, the property features a private backyard and patio designed for entertaining, refreshed landscaping with irrigation and drainage improvements, and a detached garage/workshop with additional off-street driveway parking. Enjoy walkable access to Balboa Park and the vibrant dining, cafés, boutiques, and nightlife of South Park and North Park, with downtown San Diego and beaches just minutes away. A rare blend of historic charm, complete infrastructure reinvestment, Mills Act tax benefits, and premier location—offering true move-in-ready confidence in a legacy South Park home

Mortgage Calculator

Est. Monthly Payment

$10,786

Principal & Interest$8,591
Property Tax$1,699
Insurance$496
%($339,800)
%

Location

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Investment Score

0D
Est. Monthly Rent
$4,716
Monthly Cashflow

Rent − PITIA

$-6,070
Full Cashflow

Incl. vacancy, PM, maint, capex

$-8,571

Mortgage (P+I)
$8,591
Cap Rate
0.01%
Cash-on-Cash
-30.27%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.44
Break-even Rent
$15,847

NOI (Annual)
$246
Price-to-Rent

Lower = better for investors

30.0

* 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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