2215 Dwight Street
Ctop 80%San Diego, CA 92104
One license per person in San Diego: whether you can hold it depends on you, not only the home.
98 licensed short-term rentals within ½ mile (62 whole home), from the cities' license and permit lists of Nov 7, 2026.
Pass at asking: -$4,710/mo full cashflow at 20% down, 7.43% rate.
Works at $336,786 (65% under asking), or at 92% down.
Rent $3,359/mo from 8 leases of 2-bed houses within 0.5 mi ($3,017–$3,505).
Beds
2
Baths
1
Sqft
796
Year Built
1925
Days on Market
—
Property Type
Single Family
HOA/mo
N/A
MLS ID
NDP2609999
This property is in San Diego (92104). View neighborhood stats →
About This Property
Charming Spanish bungalow in one of North Park's most desirable locations. This 2 bedroom, 1 bathroom home offers 796 square feet of character with original architectural charm and a flexible detached single-car garage currently configured as additional interior living space with a dedicated laundry area. Ideally situated just blocks from Morley Field and the expansive trails and recreation of Balboa Park, with easy access to North Park's acclaimed restaurants, coffee shops, breweries, boutiques, and weekly farmers market. Enjoy quick access to Downtown, Hillcrest, South Park, and major freeways while living in one of San Diego's most walkable neighborhoods.
Mortgage Calculator
Est. Monthly Payment
$6,505
Location
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Zoned Schools
Elementary
Jefferson Elementary · grades PK-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.
Comparable Properties
5 comps foundThis Property
$3,359
Comp Average
$3,137
3612 Polk Ave
3bd / 1ba · 900 sqft · Single Family
$849K
Est. $3,204/mo
4171 36th Street
2bd / 1ba · 666 sqft · Single Family
$875K
Est. $3,166/mo

4338 33 Rd Place
2bd / 1ba · 768 sqft · Single Family
$900K
Est. $3,033/mo
2536 Montclair
2bd / 1ba · 855 sqft · Single Family
$1.20M
Est. $3,087/mo
4173 Wilson
2bd / 1ba · 906 sqft · Single Family
$1.25M
Est. $3,194/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
8 leases of 2-bed houses within 0.5 mi · $3,017–$3,505
Blended 50/50 with the zip's market median ($3,498)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$4,710/mo short at 20% down; 92% down or +$6,117/mo rent closes it.
- Break-even price
- $336,786
- Break-even rent
- $9,476/mo
- Cashflow at 35% down
- −$3,720/mo
- Down payment to break even
- 92%
- Rate to break even
- Not reachable
65% under asking
$6,117/mo above the estimate
$874,000 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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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