3146 L St
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3146 L St #3-7

D

San Diego, CA 92102

$1,149,000
NEW — 2d

Beds

3

Baths

3.5

Sqft

1,928

Year Built

1928

Days on Market

2

Property Type

Single Family

HOA/mo

N/A

MLS ID

260010200SD

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

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About This Property

A rare opportunity to purchase a THREE UNIT property rich in character and thoughtfully updated blending timeless charm with modern systems. Each unit are spacious one bedrooms, two with large private yards, upstairs has views to Coronado. Ideal for multigenerational living, an owner-occupant looking to offset expenses or investors seeking long term upside for short or long term rentals. Custom craftsmanship throughout, light and bright. Plumbing, electrical and roof all updated in last 10 years. New mini split AC/heat installed in 2 units. Turn-key condition. 1 mile to downtown. Current rental income $82,260 with upside. Zoned RM 3-7. Currently tenant occupied, providing immediate cash flow. Please do not disturb tenants. Property shown with qualified offer

Mortgage Calculator

Est. Monthly Payment

$7,294

Principal & Interest$5,810
Property Tax$1,149
Insurance$335
%($229,800)
%

Location

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Investment Score

0D
Est. Monthly Rent
$2,534
Monthly Cashflow

Rent − PITIA

$-4,760
Full Cashflow

Incl. vacancy, PM, maint, capex

$-6,300

Mortgage (P+I)
$5,810
Cap Rate
-0.51%
Cash-on-Cash
-32.90%
DSCR

Need ≥ 1.25 for DSCR loan

0.35
Break-even Rent
$10,716

NOI (Annual)
$-5,884
Price-to-Rent

Lower = better for investors

37.8

* 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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