1940 Market Street

1940 Market Street

D

San Diego, CA 92102

$1,550,000

Soft Appraisal Value: $1,502,700 · 3.1% above estimate

Beds

3

Baths

2.5

Sqft

2,070

Year Built

1896

Days on Market

65

Property Type

Single Family

HOA/mo

N/A

MLS ID

PTP2600613

Description

Historically designated Queen Anne Victorian located in the highly desirable Sherman Heights Historic District. Home renovated a number of years ago. Mills Act tax break! Off street parking. Large 6,100sf lot. Flexible CC3-4 mixed-use zoning allows for residential AND some commercial uses! Close to all, including I-5, SR-94,,SR-163, I-805 & I-15. Walk to Petco Park! Currently tenant occupied - please do not disturb. BUYER TO VERIFY ALL.

Mortgage Calculator

Est. Monthly Payment

$9,840

Principal & Interest$7,838
Property Tax$1,550
Insurance$452
%($310,000)
%

Investment Score

1D
Est. Monthly Rent
$4,925
Monthly Cashflow

Rent − PITI − HOA

$-4,915
Full Cashflow

Incl. vacancy, PM, maint, capex

$-7,339

Mortgage (P+I)
$7,838
Cap Rate
0.39%
Cash-on-Cash
-28.41%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.50
Break-even Rent
$14,456

NOI (Annual)
$5,983
Price-to-Rent

Lower = better for investors

26.2

* 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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