1641 31st Street
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1641 31st Street

C

San Diego, CA 92102

$975,000

Beds

3

Baths

1.5

Sqft

1,462

Year Built

1981

Days on Market

46

Property Type

Townhouse

HOA/mo

N/A

MLS ID

PTP2603685

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

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About This Property

Unbeatable value for low maintenance/no HOA 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. Newer Roof. 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

$6,190

Principal & Interest$4,930
Property Tax$975
Insurance$284
%($195,000)
%

Location

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Investment Score

25D
Est. Monthly Rent
$4,085
Monthly Cashflow

Rent − PITIA

$-2,104
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,856

Mortgage (P+I)
$4,930
Cap Rate
1.32%
Cash-on-Cash
-23.73%
DSCR

Need ≥ 1.25 for DSCR loan

0.66
Break-even Rent
$9,093

NOI (Annual)
$12,887
Price-to-Rent

Lower = better for investors

19.9

* 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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