3211 Menlo Avenue
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3211 Menlo Avenue

D

San Diego, CA 92105

$799,999

Soft Appraisal Value: $800,600 · 0.1% below estimate

Beds

3

Baths

2

Sqft

1,185

Year Built

1940

Days on Market

9

Property Type

Single Family

HOA/mo

N/A

MLS ID

PTP2604146

This property is in San Diego (92105). View neighborhood stats →

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About This Property

Rare Multigenerational Opportunity with Canyon Views, Privacy, and Income Potential! Welcome to 3211 & 3211 1/2 Menlo Ave — a unique duplex property nestled on an expansive 13,400+ sqft canyon lot offering flexibility, privacy, and endless possibilities. Whether you're looking for space for extended family, multigenerational living, adult children, college students, or the opportunity to live in one unit while generating supplemental income from the other, this property offers options that are increasingly difficult to find in San Diego. Tucked away in a peaceful canyon setting with beautiful views and no rear neighbors, this property provides a sense of privacy and seclusion while still being centrally located with convenient access throughout San Diego. Property features include: • Duplex with two separate living spaces • Expansive 13,400+ sqft lot • Private canyon setting with scenic views and added privacy • Dual access from Menlo Ave and rear access from 47th Street • Opportunity for owner-occupants to offset mortgage expenses with rental income • Flexible layout ideal for extended families, aging parents, adult children, or supplemental income • Value-add opportunity to personalize, renovate, or create additional possibilities over time Located in central San Diego’s 92105 corridor, you'll enjoy convenient access to shopping, restaurants, parks, schools, major freeways, and employment centers while still enjoying the peaceful feeling that canyon properties provide. This is more than just a duplex — it’s an opportunity to create flexibility for your future, keep family close, reduce monthly expenses, and own a property with possibilities that traditional homes simply cannot offer. Rarely does a property combine privacy, views, lot size, location, and flexible living options quite like this.

Mortgage Calculator

Est. Monthly Payment

$5,079

Principal & Interest$4,045
Property Tax$800
Insurance$233
%($160,000)
%

Location

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Investment Score

17D
Est. Monthly Rent
$2,615
Monthly Cashflow

Rent − PITIA

$-2,463
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,731

Mortgage (P+I)
$4,045
Cap Rate
0.47%
Cash-on-Cash
-27.99%
DSCR

Need ≥ 1.25 for DSCR loan

0.51
Break-even Rent
$7,461

NOI (Annual)
$3,767
Price-to-Rent

Lower = better for investors

25.5

* 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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