2141 Boundary
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2141 Boundary

Ctop 80%

San Diego, CA 92104

$1,420,000
STR-eligible · San Diego Tier 3 · TOT 12.75%

One license per person in San Diego: whether you can hold it depends on you, not only the home.

34 licensed short-term rentals within ½ mile (19 whole home), from the cities' license and permit lists of Nov 3, 2026.

Pass at asking: -$7,243/mo full cashflow at 20% down, 7.49% rate.

Works at $481,011 (66% under asking), or at 94% down.

Rent $4,818/mo from 10 leases of 2–4 bed houses within 1 mi ($4,195–$6,367).

Beds

3

Baths

2

Sqft

1,710

Year Built

1964

Days on Market

45

Property Type

Single Family

HOA/mo

N/A

MLS ID

260022938SD

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

Virtual Tour

About This Property

Welcome to this charming Northpark home offering 3 bedrooms, 2 bathrooms, and around 1500 square feet of comfortable living space. The thoughtfully designed floor plan features a formal living room along with an inviting open kitchen and dining area, perfect for everyday living and entertaining. The spacious backyard provides excellent potential for future expansion, including the possibility of adding an ADU for additional living space, a guest suite, home office, or potential rental opportunity. This is a wonderful opportunity to own a home with immediate appeal and exciting future potential.

Mortgage Calculator

Est. Monthly Payment

$9,769

Principal & Interest$7,935
Property Tax$1,420
Insurance$414
%($284,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    McKinley 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.

Investment Score

8C
Est. Monthly Rent
$4,818

10 leases of 2–4 bed houses within 1 mi · $4,195–$6,367

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$4,951
Full Cashflow

Incl. vacancy, PM, maint, capex

-$7,243

What would make this work?

$7,243/mo short at 20% down; 94% down or +$9,406/mo rent closes it.

Break-even price

66% under asking

$481,011
Break-even rent

$9,406/mo above the estimate

$14,224/mo
Cashflow at 35% down
−$5,755/mo
Down payment to break even

$1,334,800 cash

94%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$7,935
Cap Rate
0.79%
Cash-on-Cash
-30.60%
DSCR

Need ≥ 1.25 for DSCR loan

0.49

NOI (Annual)
$11,201
Price-to-Rent

Lower = better for investors

24.6

* Modelled at 20% down, 7.49% 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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CCashflow−$7,243/mo