2552 B Street
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2552 B Street

C

San Diego, CA 92102

$1,795,000
NEW — 2d

Beds

6

Baths

4

Sqft

2,089

Year Built

1924

Days on Market

2

Property Type

Single Family

HOA/mo

N/A

MLS ID

260016902SD

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

About This Property

Beautifully remodeled 3-unit property offering the perfect blend of owner-occupant living and exceptional income potential in the heart of Golden Hill. The front homeis a stunning detached 3-bedroom, 2-bath home spanning 1,002 square feet, thoughtfully redesigned with modern finishes throughout. The primary bedroom has a walk in closet and an en-suite bathroom. Enjoy the privacy of a welcoming front yard, a spacious private backyard patio ideal for entertaining, and the comfort of a completely turnkey home. Behind the main residence are 2 additional detached homes, creating the rare opportunity to own 3 separate residences on an expansive 7,355 SF lot. Every unit has been extensively renovated from top to bottom and is separately metered, providing maximum flexibility for both homeowners and investors. Live comfortably in the front home while generating approximately $57,490 in annual gross rental income from the two rear residences, or lease all 3 units for approximately $108,300 in gross annual income. The property also features five dedicated off-street parking spaces with convenient alley access, an amenity rarely found in this highly desirable urban neighborhood. Ideally located just steps from Golden Hill's popular restaurants, coffee shops, parks, and local boutiques, and only minutes from Balboa Park, Downtown San Diego, South Park, and major freeways, this is a rare turnkey opportunity that combines the lifestyle of a beautifully remodeled single-family home with the long-term wealth-building potential of a high-quality income property.

Mortgage Calculator

Est. Monthly Payment

$11,395

Principal & Interest$9,076
Property Tax$1,795
Insurance$524
%($359,000)
%

Location

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Comparable Properties

3 comps found

This Property

$3,957

vs

Comp Average

$4,884

Comps based on same zip code, similar beds (±1), price range (60-150%).

Investment Score

0D
Est. Monthly Rent
$3,957
Monthly Cashflow

Rent − PITIA

$-7,438
Full Cashflow

Incl. vacancy, PM, maint, capex

$-9,844

Mortgage (P+I)
$9,076
Cap Rate
-0.51%
Cash-on-Cash
-32.91%
DSCR

Need ≥ 1.25 for DSCR loan

0.35
Break-even Rent
$16,742

NOI (Annual)
$-9,215
Price-to-Rent

Lower = better for investors

37.8

* 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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