2306 Modesto Street

2306 Modesto Street

D

San Diego, CA 92105

$1,900,000
NEW — 6d on market

Soft Appraisal Value: $833,900 · 127.8% above estimate

Beds

7

Baths

5

Sqft

2,588

Year Built

2000

Days on Market

6

Property Type

Single Family

HOA/mo

N/A

MLS ID

260006741SD

Description

Exceptional opportunity to own a private, Multi-Residence Compound on a prime 9,762 sq ft corner lot in San Diego. This unique offering includes a 4 bed 3 bath (1404 sf) Main Residence and a newly completed, fully permitted 3 bed/2 bath (1184 sf) Designer ADU/SFR, creating an ideal blend of flexibility, style, and income potential with thoughtfully designed living space and high end materials. The ADU is the only residence currently available for showings. 2306 Modesto Street is Occupied and will be shown by appointment only. Both homes are equipped with solar for enhanced efficiency and long-term savings! NOTE: Professional Photos to Follow soon! Exceptional opportunity to own a private, Multi-Residence Compound on a prime 9,762 sq ft corner lot in San Diego. This unique offering includes a 4 bed / 3 bath Main Residence (1404 sf) and a newly completed, fully permitted 3 bed / 2 bath Designer ADU/SFR creating an ideal blend of flexibility, style, and income potential. The ADU @ 4292 Juniper Street showcases brand-new, two-story construction with high end materials completed in December 2025, offering 1,184 sq ft of thoughtfully designed living space. This is the only residence available for showings. Both homes are equipped with solar for enhanced efficiency and long-term savings. The property also features a detached garage with additional living space (unpermitted), positioned on a substantial ~4,500+ sq ft portion of the lot with potential for a third residence (lot split currently in process; buyer to verify). The main home at 2306 Modesto Street is occupied—please do not disturb. A rare opportunity to secure a turnkey compound with future expansion potential in a highly desirable location. NOTE: Professional Photos to follow soon!

Mortgage Calculator

Est. Monthly Payment

$12,062

Principal & Interest$9,607
Property Tax$1,900
Insurance$554
%($380,000)
%

Comparable Properties

1 comp found

This Property

$3,578

vs

Comp Average

$2,500

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

Investment Score

0D
Est. Monthly Rent
$3,578
Monthly Cashflow

Rent − PITI − HOA

$-8,483
Full Cashflow

Incl. vacancy, PM, maint, capex

$-10,890

Mortgage (P+I)
$9,607
Cap Rate
-0.81%
Cash-on-Cash
-34.39%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.30
Break-even Rent
$17,720

NOI (Annual)
$-15,387
Price-to-Rent

Lower = better for investors

44.3

* 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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