3083 Vancouver Avenue
Ctop 80%San Diego, CA 92104
Pass at asking: -$10,407/mo full cashflow at 20% down, 7.49% rate.
Works at $545,786 (71% under asking), or at 99% down.
Rent $5,467/mo from 17 leases of 3–5 bed houses within 2 mi ($4,971–$5,992).
Beds
4
Baths
3
Sqft
2,456
Year Built
2024
Days on Market
0
Property Type
Single Family
HOA/mo
N/A
MLS ID
PTP2608160
This property is in San Diego (92104). View neighborhood stats →
About This Property
Experience modern luxury in the heart of North Park! Built in 2024 and thoughtfully enhanced with extensive upgrades, this stunning 4-bedroom, 3-bath residence offers 2,456 square feet of beautifully designed living space, canyon views, and exceptional indoor-outdoor living. Soaring 9-foot ceilings and an open-concept floor plan create a bright, inviting atmosphere, seamlessly connecting the living, dining, and kitchen areas. The chef-inspired kitchen features waterfall quartz countertops, a spacious center island, and sleek modern appliances, while expansive sliding glass doors open to an extended deck overlooking the canyon. Step outside to a beautifully transformed backyard featuring approximately $100,000 in improvements, creating an inviting outdoor retreat ideal for entertaining, relaxing, and enjoying San Diego’s year-round climate. Additional exterior enhancements include new iron fencing, artificial turf, and updated landscaping. Upstairs, the spacious primary suite offers access to a private balcony, while a versatile loft with its own balcony provides the perfect setting for a home office, media room, or additional lounge space. Premium finishes throughout include oversized porcelain tile flooring, high-quality Milgard windows, and modern architectural details. Additional highlights include fully paid-off solar with a Tesla Powerwall battery, individual mini-split heating and cooling systems, a tankless water heater, whole-home water softener, security cameras, and a customized primary closet. Complete with a two-car garage and additional driveway parking, this exceptional home combines modern design, energy efficiency, and everyday convenience. Ideally situated near North Park’s popular dining, shopping, parks, and neighborhood amenities, this is a rare opportunity to own a nearly new home with extensive upgrades already completed!
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Est. Monthly Payment
$13,037
Location
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Comparable Properties
5 comps foundThis Property
$5,467
Comp Average
$5,046
3754 Alabama Street
3bd / 2ba · 1,545 sqft · Single Family
$1.30M
Est. $4,513/mo
2141 Boundary
3bd / 2ba · 1,710 sqft · Single Family
$1.42M
Est. $4,818/mo
4135 32nd St.
6bd / 3ba · 2,925 sqft · Single Family
$1.89M
Est. $6,253/mo
3617 31st Street
3bd / 2ba · 2,059 sqft · Single Family
$1.69M
Est. $4,839/mo
3425 Wilshire Ter
3bd / 3.5ba · 1,775 sqft · Single Family
$1.74M
Est. $4,808/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
17 leases of 3–5 bed houses within 2 mi · $4,971–$5,992
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$10,407/mo short at 20% down; 99% down or +$13,516/mo rent closes it.
- Break-even price
- $545,786
- Break-even rent
- $18,983/mo
- Cashflow at 35% down
- −$8,422/mo
- Down payment to break even
- 99%
- Rate to break even
- Not reachable
71% under asking
$13,516/mo above the estimate
$1,876,050 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.49% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.
Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.
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