3141 Erie Street

3141 Erie Street

D

San Diego, CA 92117

$1,799,000
NEW — 1d on market

Beds

3

Baths

2.5

Sqft

2,014

Year Built

1973

Days on Market

1

Property Type

Single Family

HOA/mo

N/A

MLS ID

260006044SD

View on MLS

Description

Tucked away on a secluded street in Bay Park, this beautifully remodeled home offers privacy while remaining just minutes from the best of San Diego. The property backs directly to a peaceful valley, creating a serene natural backdrop rarely found this close to the city. A newly constructed oversized deck extends the backyard living space out toward the valley, providing the perfect setting to relax, entertain, and enjoy the surrounding views. Inside, the home has been completely remodeled and is truly turn-key, featuring a modern kitchen with brand-new appliances, new cabinetry, new countertops, and a large center island designed for both functionality and gathering. The interior is filled with natural light thanks to large black-framed windows throughout, giving the home a clean, contemporary feel. The thoughtfully designed layout places all bedrooms upstairs, creating separation between living and private spaces. Additional highlights include a large garage and an extra-wide driveway offering ample parking. With its quiet location, valley views, and high-quality renovation, this Bay Park home delivers modern living in one of San Diego’s most convenient coastal-adjacent neighborhoods.

Mortgage Calculator

Est. Monthly Payment

$11,420

Principal & Interest$9,097
Property Tax$1,799
Insurance$525
%($359,800)
%

Investment Score

1D
Est. Monthly Rent
$5,443
Monthly Cashflow

Rent − PITI − HOA

$-5,978
Full Cashflow

Incl. vacancy, PM, maint, capex

$-8,729

Mortgage (P+I)
$9,097
Cap Rate
0.25%
Cash-on-Cash
-19.94%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.48
Break-even Rent
$11,421

NOI (Annual)
$4,415
Price-to-Rent

Lower = better for investors

27.5

* 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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