3015 Madison Ave.
1 / 5

3015 Madison Ave.

D

San Diego, CA 92116

$650,000
NEW — 1d on market

Beds

1

Baths

1

Sqft

396

Year Built

1938

Days on Market

1

Property Type

Single Family

HOA/mo

N/A

MLS ID

260008971SD

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

About This Property

Exceptional value-add opportunity, zoned CN-1-5, just off highly desirable 30th St near North Park. Ideal for investors, developers, or owner-users seeking upside potential in one of San Diego’s most vibrant rental markets. This historic designated home offers multiple strategies: renovate & hold for long-term appreciation, reposition for increased rental income, or explore development potential for a stacked duplex. Prime walkable location near top dining, breweries, coffee shops, boutiques & The Observatory North Park. Strong tenant demand driven by lifestyle amenities & central location with an opportunity to capitalize on a high-demand area with proven appreciation & rental growth. Rare chance to secure a property with both immediate & long-term upside!

Mortgage Calculator

Est. Monthly Payment

$4,126

Principal & Interest$3,287
Property Tax$650
Insurance$190
%($130,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$1,807
Monthly Cashflow

Rent − PITIA

$-2,320
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,277

Mortgage (P+I)
$3,287
Cap Rate
0.02%
Cash-on-Cash
-30.25%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.44
Break-even Rent
$6,063

NOI (Annual)
$117
Price-to-Rent

Lower = better for investors

30.0

* 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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