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3015 Madison Ave.
DSan Diego, CA 92116
Soft Appraisal Value: $639,500 · 1.6% above estimate
Beds
1
Baths
1
Sqft
396
Year Built
1938
Days on Market
44
Property Type
Single Family
HOA/mo
N/A
MLS ID
260008971SD
This property is in San Diego (92116). View neighborhood stats →
About This Property
Single Family Home for $650K! This 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 home offers multiple strategies: renovate & hold for long-term appreciation, reposition for increased rental income, or explore development potential. 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!
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Est. Monthly Payment
$4,126
Location
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Comparable Properties
5 comps foundThis Property
$1,941
Comp Average
$2,068
4524 Wilson Ave
1bd / 1ba · 530 sqft · Condo
$419K
Est. $2,145/mo
3030 Suncrest
1bd / 1ba · 636 sqft · Condo
$395K
Est. $2,150/mo
4516 32nd Street
1bd / 1ba · 576 sqft · Condo
$425K
Est. $1,911/mo
3532 Meade Ave.
1bd / 1ba · 605 sqft · Condo
$439K
Est. $2,222/mo
3030 Suncrest Dr.
1bd / 1ba · 636 sqft · Condo
$400K
Est. $1,911/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
Rent − PITIA
Incl. vacancy, PM, maint, capex
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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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