2036 Emerald St

2036 Emerald St

D

San Diego, CA 92109

$2,725,000

Soft Appraisal Value: $2,651,300 · 2.8% above estimate

Beds

7

Baths

5

Sqft

3,431

Year Built

1957

Days on Market

165

Property Type

Single Family

HOA/mo

N/A

MLS ID

250041753SD

Description

Variance granted for alternate property class. Must have confirmed appointment. Excellent coastal opportunity for this conveniently located triplex, just minutes from the freeway, a short bike ride to Mission Bay and Tourmaline, and steps from Pacific Plaza’s Trader Joe’s, Vons, and the vibrant offerings of Garnet Avenue. Perfect for investors or owner-occupants, this property offers potential for value-add improvements, short-term rental income, or personal use. The primary home (2036 Emerald) is a detached single-level 3-bed, 2-bath home, with a private patio, two-car garage, and additional driveway parking. It features recent kitchen and bathroom remodels and is move-in ready. The rear building, located on the alley (2038 Emerald), is a two-story duplex with mirror-image units, each around 1,100 square feet with 2 beds, 1.5 baths, in-unit laundry, and a roof replaced in 2023.

Mortgage Calculator

Est. Monthly Payment

$17,299

Principal & Interest$13,779
Property Tax$2,725
Insurance$795
%($545,000)
%

Comparable Properties

1 comp found

This Property

$7,346

vs

Comp Average

$8,941

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

Investment Score

0D
Est. Monthly Rent
$7,346
Monthly Cashflow

Rent − PITI − HOA

$-9,953
Full Cashflow

Incl. vacancy, PM, maint, capex

$-13,913

Mortgage (P+I)
$13,779
Cap Rate
-0.06%
Cash-on-Cash
-30.64%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.42
Break-even Rent
$25,415

NOI (Annual)
$-1,613
Price-to-Rent

Lower = better for investors

30.9

* 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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