3106 Menlo Ave.
Atop 10%San Diego, CA 92105
One license per person in San Diego: whether you can hold it depends on you, not only the home.
30 licensed short-term rentals within ½ mile (17 whole home), from the cities' license and permit lists of Nov 1, 2026.
Pass at asking: -$1,563/mo full cashflow at 20% down, 7.49% rate.
Works at $277,204 (42% under asking), or at 67% down.
Rent $2,777/mo from 9 leases of 2-bed houses within 1 mi ($2,801–$3,191).
Beds
2
Baths
1
Sqft
945
Year Built
1954
Days on Market
—
Property Type
Single Family
HOA/mo
N/A
MLS ID
260026077SD
This property is in San Diego (92105). View neighborhood stats →
About This Property
Excellent Investment Opportunity! Tons of potential with this one...great views, perfect lot, detached garage, pool. The options are endless!
Mortgage Calculator
Est. Monthly Payment
$3,302
Location
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Zoned Schools
Elementary
Hamilton Elementary · grades PK-5 · San Diego Unified
Middle
Clark Middle · grades 6-8 · San Diego Unified
High
Hoover High · grades 9-12 · San Diego Unified
The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.
Comparable Properties
3 comps foundThis Property
$2,777
Comp Average
$2,982
2920 Dahlia
3bd / 1ba · 978 sqft · Single Family
$659K
Est. $3,190/mo
3596 44th Street
2bd / 2ba · 675 sqft · Single Family
$594K
Est. $2,733/mo
4788 Auburn Dr
2bd / 2ba · 1,209 sqft · Single Family
$690K
Est. $3,022/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
9 leases of 2-bed houses within 1 mi · $2,801–$3,191
Blended 50/50 with the zip's market median ($2,673)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$1,563/mo short at 20% down; 67% down or +$2,030/mo rent closes it.
- Break-even price
- $277,204
- Break-even rent
- $4,807/mo
- Cashflow at 35% down
- −$1,060/mo
- Down payment to break even
- 67%
- Rate to break even
- 0.32%
42% under asking
$2,030/mo above the estimate
$321,533 cash
at 20% down
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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