2330 Bancroft
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2330 Bancroft

D

San Diego, CA 92104

$1,175,000
NEW — 2d on market

Beds

3

Baths

2

Sqft

1,346

Year Built

1940

Days on Market

2

Property Type

Single Family

HOA/mo

N/A

MLS ID

260008406SD

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

About This Property

Located in the heart of one of South Park’s most desirable neighborhoods, this home offers walkable access to renowned restaurants, coffee shops, boutiques, parks, and schools. Centrally positioned, it provides convenient proximity to some of San Diego’s best destinations, including Coronado, Balboa Park, and Mission Hills. The home sits on an oversized, rarely available lot offering exceptional potential fitting a variety of buyers needs. This true fixer can be tailored to create your dream home, generate rental income, explore future development or all of the above. The generous lot size opens the door for to build an ADU for additional income or multi-generational living. For primary residence buyers this is an incredible opportunity to build long-term equity, while affording the new owners real creative freedom to build your ideal vision of what feels like home. Property to be sold as-is, buyer to assume existing solar lease, and the home is equipped with a Tesla Powerwall system to support energy independence.

Mortgage Calculator

Est. Monthly Payment

$7,459

Principal & Interest$5,941
Property Tax$1,175
Insurance$343
%($235,000)
%

Location

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Investment Score

2D
Est. Monthly Rent
$4,113
Monthly Cashflow

Rent − PITIA

$-3,346
Full Cashflow

Incl. vacancy, PM, maint, capex

$-5,272

Mortgage (P+I)
$5,941
Cap Rate
0.68%
Cash-on-Cash
-26.92%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.55
Break-even Rent
$10,959

NOI (Annual)
$8,038
Price-to-Rent

Lower = better for investors

23.8

* 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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