1951 47 Th Street #142
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1951 47 Th Street #142

Atop 10%

San Diego, CA 92102

$169,000
STR: check · park rules decide · TOT 12.75%

15 licensed short-term rentals within ½ mile (9 whole home), from the cities' license and permit lists of Nov 10, 2026.

Works at asking: +$446/mo full cashflow at 20% down, 7.43% rate.

Still breaks even up to $227,004 (34% above asking).

Rent $2,264/mo: zip market median for this bed count.

Beds

2

Baths

2

Sqft

1,152

Year Built

1978

Days on Market

102

Property Type

Mfd/Mobile Home

HOA/mo

N/A

MLS ID

PTP2605778

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

Virtual Tour

About This Property

Welcome to beautiful Leisureland #142! From the moment you step inside, you'll be greeted by a spacious foyer and inviting living room that instantly feels like home. This beautifully renovated, move-in-ready residence offers 2 bedrooms and 2 full bathrooms on a generous lot with a private patio area, carport, and storage shed. The well-designed floor plan features a bright kitchen with a charming bay window, pantry, stove, refrigerator, ample cabinetry, and a dedicated dining area. Additional highlights include a spacious living room, separate laundry room, dual-pane windows throughout, a primary suite with an ensuite bathroom, and a low-maintenance yard. An added financial benefit is that the home is on HCD registration, which can provide significant savings compared to traditional property taxes. Located within the highly sought-after Leisureland Mobile Villa, this centrally located 55+/18+ senior community requires at least one homeowner to be 55 years of age or older, while other residents may be 18 years or older. Residents enjoy a peaceful lifestyle in a beautifully maintained community that is currently undergoing exciting enhancements, including an upgraded clubhouse featuring a kitchen, card room, billiard room, shuffleboard, and pool. Leisureland Mobile Villa offers an array of amenities and resident-planned activities, along with meticulously maintained common areas that include a large laundry facility with commercial-grade washers and dryers, a library/game room, clothesline drying area, and resident-tended garden spaces. Nestled on 23 private and secluded acres adjacent to The Chollas Open Space Trails, the community provides a rare combination of tranquility and convenience. Enjoy easy access to grocery stores, shopping centers, restaurants, banks, the post office, public transportation, and major freeways. Don't miss this incredible opportunity to own an affordable home in an exceptional location. Schedule your private showing today before it's gone!

Mortgage Calculator

Est. Monthly Payment

$1,157

Principal & Interest$939
Property Tax$169
Insurance$49
%($33,800)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Webster Elementary · grades PK-5 · San Diego Unified

  • Middle

    Millennial Tech Middle · grades 6-8 · San Diego Unified

  • High

    Lincoln 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

1 comp found

This Property

$2,264

vs

Comp Average

$2,264

Comps based on same zip code, similar beds (±1), price range (60-150%).

Investment Score

100A
Est. Monthly Rent
$2,264

Zip market median for this bed count

Thin data: no closed leases like this one nearby.

Monthly Cashflow

Rent − PITIA

+$1,107
Full Cashflow

Incl. vacancy, PM, maint, capex

+$446

What would make this work?

Cashflows +$446/mo at 20% down with every reserve funded.

Break-even price

34% above asking

$227,004
Break-even rent

Estimated rent already clears it

$1,685/mo
Cashflow at 35% down
+$622/mo
Down payment to break even

$0 cash

0%
Rate to break even

at 20% down

11.94%

Mortgage (P+I)
$939
Cap Rate
10.63%
Cash-on-Cash
15.82%
DSCR
1.96

NOI (Annual)
$17,972
Price-to-Rent

Lower = better for investors

6.2

* 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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ACashflow+$446/mo