2446 Denver
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2446 Denver

D

San Diego, CA 92110

$1,095,000
NEW — 2d on market

Beds

1

Baths

1.5

Sqft

1,264

Year Built

1971

Days on Market

2

Property Type

Single Family

HOA/mo

N/A

MLS ID

260008570SD

This property is in San Diego (92110). View neighborhood stats →

About This Property

Calling All Artists, Photographers, Designers and Creatives. This property is what you have long dreamt about. A beautiful 1,264 square foot home in Bay Park that has been converted into a full-on live work loft. The property consists of a 525 square foot studio along with a 300 square foot living/kitchen area and a 225 square foot open primary bedroom. Additionally there are 2 bathrooms, including a full bath with walk-in shower serving the residential wing and a half bath serving the studio wing. The property was renovated in 2013 including new kitchen & baths, tankless w/h, solar system, and mini split ac and heat. The site also includes a lovely front courtyard offering a private/covered space for both creating artwork and or using it as additional outdoor living space. There is also a fully fenced side yard running the length of the home/studio and offers space for gatherings, artwork display and/or a private veggie/herb garden. The property is serviced by an alley and includes a rock retaining wall, a carport and an outdoor dining/grilling space. The location is superb, sitting along side Mission Bay (walking distance) with proximity to both Morena Blvd and Clairemont Drive and to easy access to I 5. Best of all, this property is just a short walk to the Blue Line trolley stop at the Clairemont station. Think a drop dead gorgeous New York/SOHO art studio placed in the middle of San Diego/Bay Park, this is an amazing opportunity waiting for its next chapter.

Mortgage Calculator

Est. Monthly Payment

$6,951

Principal & Interest$5,537
Property Tax$1,095
Insurance$319
%($219,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$2,589
Monthly Cashflow

Rent − PITIA

$-4,362
Full Cashflow

Incl. vacancy, PM, maint, capex

$-5,870

Mortgage (P+I)
$5,537
Cap Rate
-0.36%
Cash-on-Cash
-32.16%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.37
Break-even Rent
$10,212

NOI (Annual)
$-3,996
Price-to-Rent

Lower = better for investors

35.2

* 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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