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1641 31st Street

C

San Diego, CA 92102

$999,000
NEW — 0d

Soft Appraisal Value: $997,700 · 0.1% above estimate

Beds

3

Baths

1.5

Sqft

1,462

Year Built

1981

Days on Market

0

Property Type

Single Family

HOA/mo

N/A

MLS ID

PTP2603492

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

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About This Property

Unbeatable value for a single-family home in a prime South Park location. Offering true “lock-and-leave” convenience, this move-in-ready residence provides generous square footage and a large outdoor deck with canyon views. An attached two-car garage with an epoxy finish and side-by-side laundry offers ample storage and space for a larger SUV or truck with a 220a EV capable charging outlet. A leased SunRun solar system helps maintain consistent, predictable energy costs. Ideally situated in the heart of Historic South Park, the home delivers a quality of life that’s hard to match at this price point. Local favorites like Buona Forchetta and Kindred, along with Balboa Park Golf Course and Grape Street Dog Park, are just a few blocks away. As the only detached home under $1M in the area, this is a rare opportunity that won’t last!

Mortgage Calculator

Est. Monthly Payment

$6,342

Principal & Interest$5,051
Property Tax$999
Insurance$291
%($199,800)
%

Location

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Investment Score

33C
Est. Monthly Rent
$4,618
Monthly Cashflow

Rent − PITIA

$-1,723
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,618

Mortgage (P+I)
$5,051
Cap Rate
1.72%
Cash-on-Cash
-21.73%
DSCR

Need ≥ 1.25 for DSCR loan

0.73
Break-even Rent
$9,317

NOI (Annual)
$17,200
Price-to-Rent

Lower = better for investors

18.0

* 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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