2427 Commonwealth Avenue
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2427 Commonwealth Avenue

D

San Diego, CA 92104

$1,649,999
NEW — 4d

Soft Appraisal Value: $1,610,600 · 2.4% above estimate

Beds

3

Baths

2

Sqft

1,436

Year Built

1947

Days on Market

4

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2605334

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

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About This Property

Tucked away where South Park meets North Park, this one-of-a-kind retreat brings the best of Southern California living right to your doorstep. The true showstopper is the incredible large backyard oasis—designed for both relaxation and entertaining—with a sparkling saltwater pool, soothing hottub, fully equipped outdoor kitchen and BBQ, lush tropical landscaping, and multiple spaces to gather under the sun or stars. Surrounded by mature fruit trees, vibrant greenery, flagstone pathways, and complete privacy, it feels like your own personal resort. Inside, the home blends charm and comfort with hardwood floors, an inviting layout, and seamless indoor-outdoor flow. The spacious primary suite opens directly to the backyard sanctuary, creating the perfect escape at the end of the day. Bonus features include a high end full house audio system, a steam shower, and a spacious walk-in closet. The home includes a designated laundry area, with additional hook ups available in the one-car garage. This prime location provides peace and quiet, while still being just minutes from some of San Diego’s finest restaurants, bars, coffee shops, boutiques, Balboa Park, and downtown. Whether you're hosting unforgettable poolside gatherings or enjoying your morning coffee on the front porch, this home offers a rare opportunity to own your very own private oasis in one of San Diego’s most beloved and walkable neighborhoods.

Mortgage Calculator

Est. Monthly Payment

$10,475

Principal & Interest$8,343
Property Tax$1,650
Insurance$481
%($330,000)
%

Location

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Investment Score

10D
Est. Monthly Rent
$6,262
Monthly Cashflow

Rent − PITIA

$-4,212
Full Cashflow

Incl. vacancy, PM, maint, capex

$-7,028

Mortgage (P+I)
$8,343
Cap Rate
0.96%
Cash-on-Cash
-25.55%
DSCR

Need ≥ 1.25 for DSCR loan

0.60
Break-even Rent
$15,389

NOI (Annual)
$15,789
Price-to-Rent

Lower = better for investors

22.0

* 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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