1831 Meade Ave
Ctop 80%San Diego, CA 92116
One license per person in San Diego: whether you can hold it depends on you, not only the home.
143 licensed short-term rentals within ½ mile (109 whole home), from the cities' license and permit lists of Nov 5, 2026.
Pass at asking: -$3,072/mo full cashflow at 20% down, 7.43% rate.
Works at $248,984 (62% under asking), or at 89% down.
Rent $2,484/mo from 14 leases of studio–2 bed houses within 1 mi ($2,287–$2,754).
Beds
1
Baths
1
Sqft
528
Year Built
1925
Days on Market
44
Property Type
Single Family
HOA/mo
N/A
MLS ID
260023047SD
This property is in San Diego (92116). View neighborhood stats →
About This Property
Opportunity knocks in one of San Diego’s most desirable and walkable neighborhoods. Located just steps from coffee shops, dining, local favorites, and neighborhood amenities, this location is hard to beat. Bring your vision and creativity to restore, renovate, or reimagine this home in an area where upside and lifestyle come together. A rare chance to secure a property with potential in a highly sought-after San Diego location. Perfect for first time buyer or rental!
Mortgage Calculator
Est. Monthly Payment
$4,444
Location
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Zoned Schools
Elementary
Birney Elementary · grades K-5 · San Diego Unified
Middle
Roosevelt International Middle · grades 6-8 · San Diego Unified
High
San Diego High · grades 9-12 · San Diego Unified
The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.
Comparable Properties
4 comps foundThis Property
$2,484
Comp Average
$3,211
3553 Monroe
2bd / 1ba · 616 sqft · Single Family
$775K
Est. $3,196/mo
4565 39th St
2bd / 1ba · 803 sqft · Single Family
$799K
Est. $3,051/mo
4455 41st St
2bd / 1ba · 834 sqft · Single Family
$865K
Est. $3,467/mo
2861 Copley
2bd / 1ba · 720 sqft · Single Family
$990K
Est. $3,130/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
14 leases of studio–2 bed houses within 1 mi · $2,287–$2,754
Blended 50/50 with a property-level estimate
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$3,072/mo short at 20% down; 89% down or +$3,989/mo rent closes it.
- Break-even price
- $248,984
- Break-even rent
- $6,473/mo
- Cashflow at 35% down
- −$2,396/mo
- Down payment to break even
- 89%
- Rate to break even
- Not reachable
62% under asking
$3,989/mo above the estimate
$577,610 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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.
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