
2830 Redwood St
Dbottom 20%San Diego, CA 92104
One license per person in San Diego: whether you can hold it depends on you, not only the home.
92 licensed short-term rentals within ½ mile (52 whole home), from the cities' license and permit lists of Nov 14, 2026.
Pass at asking: -$10,095/mo full cashflow at 20% down, 7.36% rate.
Works at $503,981 (72% under asking); even all cash loses money at asking.
Rent $5,002/mo from 14 leases of 3–5 bed houses within 2 mi ($4,661–$5,790).
Beds
4
Baths
3
Sqft
1,907
Year Built
1922
Days on Market
1
Property Type
Single Family
HOA/mo
N/A
MLS ID
260027055SD
This property is in San Diego (92104). View neighborhood stats →
About This Property
Set on a classic North Park block just moments from Bird Park at Morley Field, 2830 Redwood Street blends timeless character with thoughtful modern updates. Original wood built-ins, beautiful wood flooring throughout the main home, and a refinished fireplace create a warm and inviting living space that flows seamlessly into the dining room perfect for everyday living and entertaining. The two-story main home offers 3 bedrooms (2 upstairs) and 2 bathrooms, including a spacious primary suite with its own private balcony. A separate casita with its own bedroom and full bathroom provides incredible flexibility for guests, a home office, or extended family. A convenient mudroom and private driveway add even more everyday functionality. Since 2022, the owners have made numerous improvements, including owned 8 kW solar, updated plumbing and electrical, drought-tolerant front yard landscaping, refreshed casita bathroom and flooring, and updated light fixtures throughout. Step outside to your own beautifully landscaped retreat, featuring plenty of tree-shaded seating areas, high-end turf, and a gas line ready for your outdoor grill perfect for enjoying San Diego's indoor-outdoor lifestyle. All of this in an unbeatable North Park location, just moments from popular restaurants, coffee shops, breweries, parks, and everything that makes this neighborhood so special!
Mortgage Calculator
Est. Monthly Payment
$12,426
Location
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Zoned Schools
Elementary
Jefferson Elementary · grades PK-5 · San Diego Unified
Middle
Roosevelt International Middle · grades 6-8 · San Diego Unified
High
San Diego High · grades 9-12 · San Diego Unified
The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.
Comparable Properties
5 comps foundThis Property
$5,002
Comp Average
$5,116
2141 Boundary
3bd / 2ba · 1,710 sqft · Single Family
$1.42M
Est. $5,057/mo
3578 Louisiana St
3bd / 2ba · 1,495 sqft · Single Family
$1.57M
Est. $4,894/mo
3617 31st Street
3bd / 2ba · 2,059 sqft · Single Family
$1.69M
Est. $5,117/mo
3425 Wilshire Ter
3bd / 3.5ba · 1,775 sqft · Single Family
$1.74M
Est. $5,089/mo
3445 29th Street
4bd / 3.5ba · 2,243 sqft · Single Family
$2.00M
Est. $5,424/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
14 leases of 3–5 bed houses within 2 mi · $4,661–$5,790
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$10,095/mo short at 20% down; +$13,111/mo rent closes it.
- Break-even price
- $503,981
- Break-even rent
- $18,113/mo
- Cashflow at 35% down
- −$8,207/mo
- Down payment to break even
- Not reachable
- Rate to break even
- Not reachable
72% under asking
$13,111/mo above the estimate
Negative even all-cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.36% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.
Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.
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