3043 Market Street
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3043 Market Street

A

San Diego, CA 92102

$665,000
NEW — 0d

Beds

Baths

Sqft

Year Built

1935

Days on Market

0

Property Type

Single Family

HOA/mo

N/A

MLS ID

260009394SD

This property is in San Diego (92102). View neighborhood stats →

About This Property

Prime Redevelopment Opportunity in the Heart of San Diego! Offering a rare chance to build new in a rapidly developing area just minutes from Downtown San Diego, Balboa Park, the Zoo, and Balboa Golf Course. The existing structure is in tear-down condition, making this the perfect site for your vision. Highlights: Zoning and neighborhood trends support multi-unit or mixed-use development — just a block away, a modern 4-story apartment building was recently completed. Central Location with easy access to freeways, public transit, and all of San Diego’s top attractions. Minutes from Downtown, Gaslamp, East Village, and Golden Hill. Proximity to employment hubs, universities, and recreation, ensuring strong rental demand for future units. This is more than just a property — it’s an opportunity to create value in one of San Diego’s most connected neighborhoods. Whether you’re an investor or developer, 3043 Market St is a blank canvas with unlimited potential.

Mortgage Calculator

Est. Monthly Payment

$4,222

Principal & Interest$3,363
Property Tax$665
Insurance$194
%($133,000)
%

Location

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Investment Score

60A
Est. Monthly Rent
$3,658
Monthly Cashflow

Rent − PITIA

$-564
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,959

Mortgage (P+I)
$3,363
Cap Rate
2.53%
Cash-on-Cash
-17.68%
DSCR

Need ≥ 1.25 for DSCR loan

0.87
Break-even Rent
$6,202

NOI (Annual)
$16,842
Price-to-Rent

Lower = better for investors

15.1

* 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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