2959 B Street
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2959 B Street

C

San Diego, CA 92102

$860,000
NEW — 1d

Soft Appraisal Value: $1,016,800 · 15.4% below estimate

Beds

3

Baths

2

Sqft

1,080

Year Built

2021

Days on Market

1

Property Type

Single Family

HOA/mo

N/A

MLS ID

PTP2603943

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

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About This Property

Great opportunity in the Golden Hill area of San Diego! This centrally located property features a 2-bedroom, 1-bath main home plus an attached studio/1-bedroom unit with its own kitchen and bathroom. Situated on an approximately 5,335 sq. ft. lot with rear alley access, this property offers great potential for an investor looking to build an additional home with independent alley access, or for an extended family seeking flexible living options. Public records show Single Family Residence, with zoning noted as R4 Multiple Residential, which may offer future development possibilities, including potential multiple residential units. Close to Balboa Park, Downtown San Diego, South Park, North Park, Golden Hill Park, restaurants, coffee shops, and major employment areas. Great option to live in one, create potential rental income, accommodate extended family, or explore long-term investment potential.

Mortgage Calculator

Est. Monthly Payment

$5,459

Principal & Interest$4,349
Property Tax$860
Insurance$251
%($172,000)
%

Location

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Investment Score

44C
Est. Monthly Rent
$4,242
Monthly Cashflow

Rent − PITIA

$-1,218
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,910

Mortgage (P+I)
$4,349
Cap Rate
2.01%
Cash-on-Cash
-20.30%
DSCR

Need ≥ 1.25 for DSCR loan

0.78
Break-even Rent
$8,021

NOI (Annual)
$17,264
Price-to-Rent

Lower = better for investors

16.9

* 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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