2548 Island Ave
1 / 20

2548 Island Ave

C

San Diego, CA 92102

$749,900

Soft Appraisal Value: $756,200 · 0.8% below estimate

Beds

3

Baths

2

Sqft

1,146

Year Built

1943

Days on Market

78

Property Type

Single Family

HOA/mo

N/A

MLS ID

260004155SD

This property is in San Diego (92102). View neighborhood stats →

About This Property

Freshly Updated Home Nestled in Charming Part of Golden Hill/Grant Hill Neighborhood! Zoned RM-2-5! Can Add Second Home for Extra Income! Alley Access! Updated 3 BR 2 Bath layout with Optional 4th Bedroom Upstairs with Dormer Window/Loft! (Currently Used for Storage) Newly Remodeled Kitchen and Baths! New Electrical Panel, New Canned Lighting Throughout! New LVP Flooring and Baseboards. New Interior Doors and Stylish Hardware. Beautiful Custom Stone Shower Floors and Tile! Large Yard with Citrus, Guava Tress and More! Alley Access with plenty of room for Parking or to add Large Home or ADUs!! Nice Residential Location with Albert Einstein Charter Middle School Across Street! Freshly Updated Home Nestled in Charming Part of Golden Hill/Grant Hill Neighborhood! Zoned RM-2-5! Can Add Second Home for Extra Income! Alley Access! Updated 3 BR 2 Bath layout with Optional 4th Bedroom Upstairs with Dormer Window/Loft! (Currently Used for Storage) Newly Remodeled Kitchen and Baths! New Electrical Panel, New Canned Lighting Throughout! New LVP Flooring and Baseboards. New Interior Doors and Stylish Hardware. Beautiful Custom Stone Shower Floors and Tile! Large Yard with Citrus, Guava Tress and More! Alley Access with plenty of room for Parking or to add Large Home or ADUs!! Nice Residential Location with Albert Einstein Charter Middle School Across Street!

Mortgage Calculator

Est. Monthly Payment

$4,761

Principal & Interest$3,792
Property Tax$750
Insurance$219
%($149,980)
%

Location

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Investment Score

44C
Est. Monthly Rent
$3,564
Monthly Cashflow

Rent − PITIA

$-1,197
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,641

Mortgage (P+I)
$3,792
Cap Rate
1.84%
Cash-on-Cash
-21.13%
DSCR

Need ≥ 1.25 for DSCR loan

0.75
Break-even Rent
$6,994

NOI (Annual)
$13,806
Price-to-Rent

Lower = better for investors

17.5

* 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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