2805 State Street
DSan Diego, CA 92103
Soft Appraisal Value: $1,548,200 · 5.0% above estimate
Beds
4
Baths
3
Sqft
1,910
Year Built
1929
Days on Market
160
Property Type
Triplex
HOA/mo
N/A
MLS ID
NDP2510316
Description
Discover the perfect blend of character, flexibility, and modern comfort in this beautifully refreshed Mission Hills triplex. Ideal for an owner-occupier, this versatile property offers the opportunity to live in one unit and generate rental income from the others—all in one of San Diego’s most desirable neighborhoods. The property includes a 2-bedroom, 1-bath main home, a 1-bedroom, 1-bath second unit, and a studio third unit, each with its own private entrance. Thoughtfully maintained and recently updated, the property features newer flooring, updated lighting, refreshed interiors, a newer roof, and newer siding—showcasing pride of ownership while preserving its original Mission Hills charm. Enjoy ample parking with a 2-car garage plus generous driveway space, a true rarity in this area. Located within a Complete Communities zone (FAR 6.5), this home also offers incredible potential for expansion or redevelopment down the line. Nestled in the heart of Mission Hills, you’ll be moments from neighborhood cafés, local dining, boutique shopping, and Balboa Park—offering the best of San Diego’s urban lifestyle with a welcoming community feel.
Mortgage Calculator
Est. Monthly Payment
$10,316
Comparable Properties
5 comps foundThis Property
$5,085
Comp Average
$4,921
3476 Reynard Way
3bd / 2ba · 1,506 sqft · Single Family
$1.20M
Est. $5,789/mo
4079 1st Ave
3bd / 2.5ba · 1,769 sqft · Condo
$1.30M
Est. $6,168/mo
1024 Pascoe St.
3bd / 3ba · 1,227 sqft · Single Family
$1.32M
Est. $4,505/mo
4171 1st Ave
3bd / 2ba · 1,197 sqft · Single Family
$1.25M
Est. $3,910/mo
3973 8th
3bd / 1ba · 1,340 sqft · Single Family
$1.40M
Est. $4,234/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
Rent − PITIA
Incl. vacancy, PM, maint, capex
⚠️ Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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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