2949 Mobley St.
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2949 Mobley St.

C

San Diego, CA 92123

$1,049,000
NEW — 1d

Beds

4

Baths

3

Sqft

1,834

Year Built

1961

Days on Market

1

Property Type

Single Family

HOA/mo

N/A

MLS ID

260014064SD

This property is in San Diego (92123). View neighborhood stats →

About This Property

Welcome to 2949 Mobley St., a versatile & beautifully maintained 1,834sqft home offering 4 beds & 3 baths + 323sqft detached art studio nestled in desirable Serra Mesa. Designed for flexible living, the home features a spacious living room, family room, & separate dining room. Two of the four bedrooms are configured as a private living space w/ a kitchenette, full bathroom, & private side entrance—ideal for multigenerational living, guests, rental income potential, or a home office. Prefer a traditional layout? The space can easily function as part of the main residence, creating a seamless 4-bedroom home. The outdoor spaces are equally inviting. Relax in the charming courtyard, entertain under the covered patio, or unwind in the tranquil garden featuring a variety of mature fruit trees. A permitted enclosed patio adds valuable living space, while the permitted detached art studio/workshop, complete w/ sink, gas line, & vaulted ceilings offers endless possibilities for creative pursuit, home office, or playroom. Improvements include a one-year-old roof, central HVAC, heat pump w/ air scrubber, skylights, & solar panels (SunRun Power Purchase Agreement) to help manage energy costs. Enjoy cozy evenings by one of the home's two fireplaces—an electric fireplace in the living room & a gas fireplace in the family room. Additional features include an attached garage w/ durable epoxy flooring & dedicated laundry room. Combining flexibility, charm, & exceptional indoor-outdoor living, this unique property offers a rare opportunity to enjoy comfort & versatility.

Mortgage Calculator

Est. Monthly Payment

$6,659

Principal & Interest$5,304
Property Tax$1,049
Insurance$306
%($209,800)
%

Location

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Investment Score

10D
Est. Monthly Rent
$3,672
Monthly Cashflow

Rent − PITIA

$-2,987
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,706

Mortgage (P+I)
$5,304
Cap Rate
0.68%
Cash-on-Cash
-26.92%
DSCR

Need ≥ 1.25 for DSCR loan

0.55
Break-even Rent
$9,784

NOI (Annual)
$7,179
Price-to-Rent

Lower = better for investors

23.8

* 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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