2861 Copley
Ctop 80%San Diego, CA 92116
One license per person in San Diego: whether you can hold it depends on you, not only the home.
52 licensed short-term rentals within ½ mile (32 whole home), from the cities' license and permit lists of Nov 3, 2026.
Pass at asking: -$5,226/mo full cashflow at 20% down, 7.49% rate.
Works at $312,481 (68% under asking), or at 96% down.
Rent $3,130/mo from 9 leases of 2-bed houses within 1 mi ($2,761–$3,272).
Beds
2
Baths
1
Sqft
720
Year Built
1927
Days on Market
0
Property Type
Single Family
HOA/mo
N/A
MLS ID
PW26234405
This property is in San Diego (92116). View neighborhood stats →
About This Property
Timeless Spanish character meets thoughtful modern updates in this inviting 1927 Normal Heights home. Refinished white oak floors, custom built-ins, and generous windows bring warmth and natural light to the living room, while the kitchen’s built-in wraparound dining nook creates a welcoming spot for morning coffee, everyday meals, and conversation. A beautifully remodeled bathroom complements the home’s vintage personality, while ductless mini-split heating and cooling, a tankless water heater, and fully owned solar add everyday convenience. Smart features include motorized window shades, Wi-Fi-enabled light switches, and mini-split controls accessible through Google Home and compatible apps. Extensive improvements since 2022 include foundation work with additional concrete piers and seismic strapping, subarea drainage with a sump pump, a sewer liner, a replacement main gas line, electrical updates, exterior stucco restoration and paint, and new wood fencing. Outside, the backyard feels like an extension of the home, a cozy area with artificial turf, gardening areas, and inviting spaces to gather or unwind. Picture morning coffee in the fresh air, an afternoon tending your plants, or dinner with friends beneath the San Diego sky. A finished detached work-from-home studio/office offers a separate setting for focused work or creative pursuits, just steps from the house. This bonus space is not included in the home’s stated square footage. Full of personality and thoughtfully updated, this Spanish-style retreat brings together vintage appeal, modern comforts, and space to enjoy life indoors and out.
Mortgage Calculator
Est. Monthly Payment
$6,810
Location
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Zoned Schools
Elementary
Garfield 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
$3,130
Comp Average
$3,417
3553 Monroe
2bd / 1ba · 616 sqft · Single Family
$775K
Est. $3,190/mo
4565 39th St
2bd / 1ba · 803 sqft · Single Family
$799K
Est. $3,068/mo
4455 41st St
2bd / 1ba · 834 sqft · Single Family
$865K
Est. $3,464/mo
4797 Wilson Ave.
2bd / 2ba · 916 sqft · Single Family
$1.10M
Est. $3,878/mo
3579 Madison Ave
3bd / 1.5ba · 880 sqft · Single Family
$1.10M
Est. $3,483/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
9 leases of 2-bed houses within 1 mi · $2,761–$3,272
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$5,226/mo short at 20% down; 96% down or +$6,786/mo rent closes it.
- Break-even price
- $312,481
- Break-even rent
- $9,916/mo
- Cashflow at 35% down
- −$4,188/mo
- Down payment to break even
- 96%
- Rate to break even
- Not reachable
68% under asking
$6,786/mo above the estimate
$950,304 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.49% 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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