2129 31st St
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2129 31st St

C

San Diego, CA 92104

$1,249,000

Soft Appraisal Value: $1,241,700 · 0.6% above estimate

Beds

2

Baths

2

Sqft

900

Year Built

1946

Days on Market

58

Property Type

Single Family

HOA/mo

N/A

MLS ID

260011319SD

This property is in San Diego (92104). View neighborhood stats →

Virtual Tour

About This Property

Welcome to 2129 31st Street. A craftsman inspired, design-forward home in the very heart of South Park, one of San Diego’s most beloved and tightly held neighborhoods. Completely renovated, this 2-bedroom, 2-bathroom residence blends thoughtful modern living with a deep respect for the home’s original craftsmanship. Every detail was curated in collaboration with a highly respected interior designer, restoring the character and soul of the home; floors, windows, kitchen cabinets, bathrooms, roof, paint, everything! The result is timeless, warm, and effortlessly cool…exactly what South Park does best. What truly sets this property apart is its extraordinary garage configuration—a rare four-car garage plus an additional side one-car garage with alley access. This opens the door to a massive ADU opportunity, workshop, creative studio, gym, or additional living space—something almost unheard of in this pocket. To help bring that vision to life, a conceptual layout and contractor estimate are available, giving buyers a clear path to expanding the property and maximizing its full potential from day one. Plus, paid off solar adds long-term efficiency and value. Step outside and you’re just seconds from the neighborhood’s most iconic spots—Buona Forchetta, Kindred, Station Tavern, and Target. Not just a renovation, it's elevated design, and in the heart of one of San Diego’s most walkable neighborhoods.

Mortgage Calculator

Est. Monthly Payment

$7,929

Principal & Interest$6,316
Property Tax$1,249
Insurance$364
%($249,800)
%

Location

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Investment Score

0D
Est. Monthly Rent
$3,130
Monthly Cashflow

Rent − PITIA

$-4,799
Full Cashflow

Incl. vacancy, PM, maint, capex

$-6,559

Mortgage (P+I)
$6,316
Cap Rate
-0.23%
Cash-on-Cash
-31.51%
DSCR

Need ≥ 1.25 for DSCR loan

0.39
Break-even Rent
$11,649

NOI (Annual)
$-2,925
Price-to-Rent

Lower = better for investors

33.3

* 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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