3038 Udall St

3038 Udall St

D

San Diego, CA 92106

$2,195,000

Soft Appraisal Value: $2,235,800 · 1.8% below estimate

Beds

3

Baths

4

Sqft

2,763

Year Built

1985

Days on Market

136

Property Type

Single Family

HOA/mo

N/A

MLS ID

250044213SD

Description

Tucked away in the heart of Point Loma, 3038 Udall Street is a charming Spanish-style retreat offering privacy, versatility, and panoramic city views. This two-story home features 3 bedrooms plus a flexible bonus room, ideal for an office, studio, or guest space. The entry level welcomes you with a bright living area and kitchen that open to expansive decks overlooking the city—perfect for entertaining or quiet evenings outdoors. Also on this level are the primary bedroom and bath, a secondary bedroom, and a guest bath, all framed by picture windows capturing the surrounding trees and views. Downstairs, enjoy wrap-around decks with stunning city vistas, a private bonus room, third bedroom, bathroom, and kitchenette with a separate entrance—ideal for a lock-off studio or ADU for guests or rental income. Perched on a peaceful hillside yet just a short stroll to Liberty Station, this home offers quick access to downtown San Diego, the airport, harbor, beaches, yacht clubs, and award-winning schools. Whether as a primary residence, first home, or lucrative short-term rental, this property embodies San Diego living—sunny, scenic, and centrally located. Listing includes three lots with ample potential to expand or build.

Mortgage Calculator

Est. Monthly Payment

$13,934

Principal & Interest$11,099
Property Tax$2,195
Insurance$640
%($439,000)
%

Investment Score

0D
Est. Monthly Rent
$5,799
Monthly Cashflow

Rent − PITIA

$-8,135
Full Cashflow

Incl. vacancy, PM, maint, capex

$-11,298

Mortgage (P+I)
$11,099
Cap Rate
-0.11%
Cash-on-Cash
-30.88%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.42
Break-even Rent
$20,472

NOI (Annual)
$-2,387
Price-to-Rent

Lower = better for investors

31.5

* 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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