1535 Kettner Boulevard
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1535 Kettner Boulevard #A

C

San Diego, CA 92101

$2,195,000
NEW — 3d

Soft Appraisal Value: $2,118,500 · 3.6% above estimate

Beds

4

Baths

4.5

Sqft

1,920

Year Built

1998

Days on Market

3

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2605646

This property is in San Diego (92101). View neighborhood stats →

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About This Property

Prime Little Italy location with incredible rental income potential. This rarely available and highly sought after Johnathan Segal detached Row Home offers 2-units, plus a garage and a separate loft unit above the garage. Located in the heart of Little Italy with the vibrant culture, restaurants, bars, shops and more just round the corner, yet this gem still provides privacy and a common space/greenbelt to enjoy. No HOA or Mello Roos. The possibilities are endless, live in one, rent out the others; use as short-term rentals; or use the entire property for yourself. The main space (unit A) offers the most square footage with huge windows that flood with natural light, 1 bedroom + an office space, 1.5 baths, projector screen TV, multiple balconies and an amazing rooftop deck with city and bay views. The bottom unit (Unit B) features 1 bedroom/1 bath and a spacious private patio, perfect for entertaining. (A & B can easily return to original layout). There is also a detached garage with a separate loft above, both offering tons of additional potential…rentals, office, room for guests, etc. Currently generates approx. $9655 in monthly income. See confidential remarks for more information. Buyer and buyer’s agent to verify all in MLS prior to COE.

Mortgage Calculator

Est. Monthly Payment

$13,934

Principal & Interest$11,099
Property Tax$2,195
Insurance$640
%($439,000)
%

Location

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Investment Score

2D
Est. Monthly Rent
$6,415
Monthly Cashflow

Rent − PITIA

$-7,519
Full Cashflow

Incl. vacancy, PM, maint, capex

$-10,824

Mortgage (P+I)
$11,099
Cap Rate
0.15%
Cash-on-Cash
-29.59%
DSCR

Need ≥ 1.25 for DSCR loan

0.46
Break-even Rent
$20,472

NOI (Annual)
$3,305
Price-to-Rent

Lower = better for investors

28.5

* 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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