2991 Mobley Street

2991 Mobley Street

D

San Diego, CA 92123

$950,000
NEW — 6d on market

Soft Appraisal Value: $960,300 · 1.1% below estimate

Beds

4

Baths

2

Sqft

1,790

Year Built

1961

Days on Market

6

Property Type

Single Family

HOA/mo

N/A

MLS ID

MB26028059

View on MLS

Description

Investor or Handyman Special in Prime Serra Mesa Location. Rare opportunity to acquire a 4-bedroom, 2-bath home in one of San Diego’s most desirable neighborhoods. Offering approximately 1,790 square feet of living space on a 6,300 sq ft lot, this property features an enclosed patio and a spacious bonus family room, Living Room with Fireplace, providing added flexibility and potential. Fourth Bedroom features a private entrance for potential Home Office Use or Jr ADU conversion. The living room showcases vaulted ceilings, creating an open and airy feel. Recent upgrades include newer fencing and drought-resistant front yard landscaping. Situated in the heart of Serra Mesa, the home offers a west-facing front entry, a 2-car garage, and both front and rear yards—surrounded by well-maintained homes.Bring your vision and unlock the full potential of this property.

Mortgage Calculator

Est. Monthly Payment

$6,031

Principal & Interest$4,804
Property Tax$950
Insurance$277
%($190,000)
%

Investment Score

6D
Est. Monthly Rent
$4,513
Monthly Cashflow

Rent − PITI − HOA

$-1,518
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,347

Mortgage (P+I)
$4,804
Cap Rate
1.84%
Cash-on-Cash
-21.14%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.75
Break-even Rent
$8,860

NOI (Annual)
$17,476
Price-to-Rent

Lower = better for investors

17.5

* 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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