3219 Polk Ave

3219 Polk Ave

D

San Diego, CA 92104

$699,000
NEW — 3d on market

Soft Appraisal Value: $696,700 · 0.3% above estimate

Beds

2

Baths

1

Sqft

810

Year Built

1927

Days on Market

3

Property Type

Single Family

HOA/mo

N/A

MLS ID

260007071SD

View on MLS

Description

QUINTESSENTIAL CRAFTSMAN HOME in the heart of North Park! Located walking distance to all the amazing dining and entertainment North Park has to offer. It's close enough for convenience, yet far enough to provide quiet and privacy from the hustle and bustle. The best of both worlds! From the moment you open the front door, this place just feels like home. Natural light in every room and fully renovated with love (it was not intended to be a flip, owner custom designed/built for himself, but work had other plans). The house has been completely renovated and upgraded with high end finishes. The brand-new kitchen has marble countertops, soft-close drawers, high-end cooktop oven, dishwasher, and matching built in microwave hood.The upgraded bathroom has a spacious walk-in shower with corner bench, all marble tiles and flooring. The vanity set is Restoration Hardware and compliments the classic style with a modern twist. The primary bedroom has a walk-in closet/laundry suite. Brand new hardwood floors throughout, and new thick carpets for the bedrooms. New, full heating and air conditioning unit (not mini-split). Owners have kept the charm by leaving original wood-burning fireplace with brick design to match the entryway. Covered carport with electric connection that is set up for electric car charging. With the brand new roof, plumbing, electrical work, and a complete remodel built for durability, the new owners will have peace of mind with this purchase. Of note, property is in "Complete Community" zone.

Mortgage Calculator

Est. Monthly Payment

$4,437

Principal & Interest$3,535
Property Tax$699
Insurance$204
%($139,800)
%

Investment Score

2D
Est. Monthly Rent
$2,527
Monthly Cashflow

Rent − PITIA

$-1,911
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,074

Mortgage (P+I)
$3,535
Cap Rate
0.79%
Cash-on-Cash
-26.39%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.57
Break-even Rent
$6,520

NOI (Annual)
$5,523
Price-to-Rent

Lower = better for investors

23.1

* 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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