1594 Linwood Street
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1594 Linwood Street

Ctop 80%

San Diego, CA 92103

$1,395,000
STR-eligible · San Diego Tier 3 · TOT 12.75%

One license per person in San Diego: whether you can hold it depends on you, not only the home.

112 licensed short-term rentals within ½ mile (76 whole home), from the cities' license and permit lists of Nov 6, 2026.

Pass at asking: -$6,820/mo full cashflow at 20% down, 7.43% rate.

Works at $507,076 (64% under asking), or at 91% down.

Rent $5,058/mo from 8 leases of 3-bed houses within 0.5 mi, same school area ($4,742–$5,312).

Beds

3

Baths

2

Sqft

1,484

Year Built

1920

Days on Market

100

Property Type

Single Family

HOA/mo

N/A

MLS ID

OC26157563

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

About This Property

If you are looking for a unique, turnkey home that offers both charm and an abundance of outdoor living space, this 1920s gem—nestled in a private, four-home canyon cul-de-sac—is the perfect sanctuary. This delightful property places you at the heart of San Diego’s best offerings. You are just minutes from Old Town, Little Italy, downtown, Harbor Island, Shelter Island, Point Loma, and Seaport Village, as well as iconic destinations like Balboa Park, the San Diego Zoo, SeaWorld, and the beautiful beaches of Mission Bay and Pacific Beach.The home features an inviting covered front terrace plus three additional outdoor spaces with plenty of room for expansion. Perfect for entertaining or enjoying a quiet morning coffee surrounded by trees. Beautiful wrought iron fencing to keep your pets secure. The remodeled kitchen featuring beautiful hand-painted Portugal tile and LG appliances throughout. This connects seamlessly to an outdoor BBQ area, creating an ideal flow for al fresco dining. For your comfort, the home has been upgraded with two ductless mini-split air conditioning systems.The primary ensuite has been beautifully transformed into a spa-like retreat, complete with a rain shower, a heated towel rack, and a generous walk-in closet featuring custom cabinetry, a vanity with touch lighting, and an integrated LG washer and dryer. The second bedroom offers versatility and charm with a fireplace, built-in African mahogany bookcases, and a matching Murphy bed. French doors open into the primary living area, which features another cozy fireplace and stunning luxury vinyl plank flooring that runs throughout the home.Beyond the private, freshly painted exterior, you are within walking distance of local restaurants and have easy access to the I-5 freeway. In a city where parking is a premium, this home provides the rare luxury of four private parking spaces. Don’t miss this rare opportunity to own an enchanting piece of San Diego.

Mortgage Calculator

Est. Monthly Payment

$9,552

Principal & Interest$7,750
Property Tax$1,395
Insurance$407
%($279,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Grant K-8 · grades K-8 · San Diego Unified

  • Middle

    Correia Middle · grades 7-8 · San Diego Unified

    or Roosevelt International Middle · grades 6-8 · San Diego Unified

    Choice area: the district lets families here pick either school.

  • High

    San Diego High · grades 9-12 · San Diego Unified

    or Point Loma High · grades 9-12 · San Diego Unified

    Choice area: the district lets families here pick either school.

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Investment Score

10C
Est. Monthly Rent
$5,058

8 leases of 3-bed houses within 0.5 mi, same school area · $4,742–$5,312

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$4,494
Full Cashflow

Incl. vacancy, PM, maint, capex

-$6,820

What would make this work?

$6,820/mo short at 20% down; 91% down or +$8,857/mo rent closes it.

Break-even price

64% under asking

$507,076
Break-even rent

$8,857/mo above the estimate

$13,915/mo
Cashflow at 35% down
−$5,367/mo
Down payment to break even

$1,269,450 cash

91%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$7,750
Cap Rate
1.02%
Cash-on-Cash
-29.33%
DSCR

Need ≥ 1.25 for DSCR loan

0.53

NOI (Annual)
$14,197
Price-to-Rent

Lower = better for investors

23.0

* Modelled at 20% down, 7.43% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

Open Full Calculator
CCashflow−$6,820/mo