2548 Island Ave

2548 Island Ave

D

San Diego, CA 92102

$759,900

Soft Appraisal Value: $800,300 · 5.0% below estimate

Beds

3

Baths

2

Sqft

1,146

Year Built

1943

Days on Market

33

Property Type

Single Family

HOA/mo

N/A

MLS ID

260004155SD

View on MLS

Description

Freshly Updated Home Nestled in Charming Part of Golden Hill/Grant Hill Neighborhood! Zoned RM-2-5! 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 and New Canned Lighting Throughout! New LVP Flooring and Baseboards. New Interior Doors and Stylist 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 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! 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 and New Canned Lighting Throughout! New LVP Flooring and Baseboards. New Interior Doors and Stylist 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 ADUs!! Nice Residential Location with Albert Einstein Charter Middle School Across Street!

Mortgage Calculator

Est. Monthly Payment

$4,824

Principal & Interest$3,842
Property Tax$760
Insurance$222
%($151,980)
%

Investment Score

10D
Est. Monthly Rent
$3,571
Monthly Cashflow

Rent − PITI − HOA

$-1,253
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,708

Mortgage (P+I)
$3,842
Cap Rate
1.79%
Cash-on-Cash
-9.90%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.74
Break-even Rent
$4,824

NOI (Annual)
$13,614
Price-to-Rent

Lower = better for investors

17.7

* 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.

Get Expert AnalysisOpen Full Calculator