2885 B Street

2885 B Street

C

San Diego, CA 92102

$1,039,000

Soft Appraisal Value: $1,027,100 · 1.2% above estimate

Beds

2

Baths

2.5

Sqft

1,435

Year Built

2020

Days on Market

49

Property Type

Single Family

HOA/mo

$443

MLS ID

NDP2604136

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

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About This Property

Welcome to one of South Park's most compelling opportunities. Filled with natural light and thoughtfully upgraded throughout, this beautifully maintained 2-bedroom, 3-bath home offers a highly functional layout with dual primary suites, modern finishes, and exceptional everyday comfort. ? Seller may consider contributing toward an interest rate buydown or buyer closing costs, creating a valuable opportunity for qualified buyers to reduce monthly payments and improve affordability The open-concept kitchen flows seamlessly into the living area, creating an ideal space for entertaining, relaxing, and modern living. Large windows bring in abundant natural light, while luxury vinyl plank flooring adds style, warmth, and durability throughout. Highlights include: • Dual primary suites • 15 paid solar panels • Luxury vinyl plank flooring • Custom California Closets garage storage • EV-ready 240V garage outlet • Electric blinds • Water softener system • Spacious attached garage with exceptional storage and functionality Ideally located near South Park's popular restaurants, coffee shops, Balboa Park, downtown San Diego, and major freeways, this home offers the perfect blend of comfort, convenience, and lifestyle. A rare opportunity to own an upgraded South Park home with energy-efficient features, modern conveniences, and flexible financing possibilities.

Mortgage Calculator

Est. Monthly Payment

$7,039

Principal & Interest$5,254
Property Tax$1,039
Insurance$303
HOA$443
%($207,800)
%

Location

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Investment Score

19D
Est. Monthly Rent
$4,706
Monthly Cashflow

Rent − PITIA

$-2,333
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,281

Mortgage (P+I)
$5,254
Cap Rate
1.12%
Cash-on-Cash
-24.72%
DSCR

Need ≥ 1.25 for DSCR loan

0.67
Break-even Rent
$10,266

NOI (Annual)
$11,673
Price-to-Rent

Lower = better for investors

18.4

* 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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