2476 Congress St.
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2476 Congress St.

C

San Diego, CA 92110

$1,495,000
NEW — 0d

Soft Appraisal Value: $1,417,100 · 5.5% above estimate

Beds

2

Baths

1

Sqft

768

Year Built

1948

Days on Market

0

Property Type

Single Family

HOA/mo

N/A

MLS ID

OC26116788

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

About This Property

Opportunity knocks with this great value to own in the prestigious prime area of Old Town. The nestled two-bedroom one bath fixer-upper home has an attached one car garage with an oversized lot you can expand by adding some potential ADU. The location is in a commercial area making it a versatile investment. A lively dining scene with everything from cozy cafés to upscale bistros, the neighborhood is dotted with historic missions and museums and live entertainment just with-in walking distance. Investors and developers don't miss out on this incredible opportunity this property will sell fast. This is San Diego's best Historical site. Easy access to the Fwy I-5, I-8 Mission Bay, Pacific Beach, Mission Beach, Point Loma, Sea World and the beautiful city of downtown San Diego.

Mortgage Calculator

Est. Monthly Payment

$9,491

Principal & Interest$7,560
Property Tax$1,495
Insurance$436
%($299,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$3,371
Monthly Cashflow

Rent − PITIA

$-6,120
Full Cashflow

Incl. vacancy, PM, maint, capex

$-8,141

Mortgage (P+I)
$7,560
Cap Rate
-0.47%
Cash-on-Cash
-32.67%
DSCR

Need ≥ 1.25 for DSCR loan

0.36
Break-even Rent
$13,943

NOI (Annual)
$-6,974
Price-to-Rent

Lower = better for investors

37.0

* 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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