3009 Madison Ave
1 / 3

3009 Madison Ave

C

San Diego, CA 92116

$795,000
NEW — 1d

Beds

1

Baths

1

Sqft

550

Year Built

1955

Days on Market

1

Property Type

Single Family

HOA/mo

N/A

MLS ID

260013957SD

This property is in San Diego (92116). View neighborhood stats →

About This Property

Rare opportunity to own a single-family home in the heart of University Heights, just steps from the dining, nightlife, and culture of North Park. Offering exceptional flexibility, the property's CN 1-5 zoning opens the door to a variety of potential uses, including a primary residence, short or mid-term rental, residential development, or select retail and personal service businesses. Whether you're looking for a place to call home, an investment with long-term upside, or a unique live-work opportunity, this property presents a range of possibilities in one of San Diego's most sought-after urban neighborhoods. With strong walkability, a central location, and valuable zoning flexibility, opportunities like this are rarely available. range of possibilities in one of San Diego's most sought-after urban neighborhoods. With strong walkability, a central location, and valuable zoning flexibility, opportunities like this are rarely available.

Mortgage Calculator

Est. Monthly Payment

$5,047

Principal & Interest$4,020
Property Tax$795
Insurance$232
%($159,000)
%

Location

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Investment Score

12D
Est. Monthly Rent
$2,295
Monthly Cashflow

Rent − PITIA

$-2,752
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,942

Mortgage (P+I)
$4,020
Cap Rate
0.12%
Cash-on-Cash
-29.75%
DSCR

Need ≥ 1.25 for DSCR loan

0.45
Break-even Rent
$7,415

NOI (Annual)
$932
Price-to-Rent

Lower = better for investors

28.9

* 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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