3315 2nd Ave
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3315 2nd Ave

C

San Diego, CA 92103

$3,500,000
NEW — 0d

Soft Appraisal Value: $3,315,100 · 5.6% above estimate

Beds

7

Baths

5.5

Sqft

3,801

Year Built

1912

Days on Market

0

Property Type

Single Family

HOA/mo

N/A

MLS ID

260014030SD

This property is in San Diego (92103). View neighborhood stats →

About This Property

Exquisite 1912 Historic Craftsman estate in the heart of Bankers Hill, just minutes from Balboa Park, the San Diego Zoo, Downtown, and Little Italy. Designated under the Mills Act, this remarkable property offers substantial property tax savings while preserving a piece of San Diego history. With 3,801 sq. ft. of living space, this home has been meticulously restored and maintained, showcasing timeless elegance and extraordinary craftsmanship, including original redwood framing, hardwood floors, pocket doors, coffered ceilings, custom built-ins, and intricate woodwork. The main home features 6 bedrooms with city and bay views from the attic suite, 5 bathrooms, and a finished basement complete with a wine cellar. Adding exceptional flexibility, the pool house has been thoughtfully designed complete with a bathroom, and sauna—ideal as a private guest retreat, multigenerational living space, or additional rental potential. Whether you’re seeking a distinctive primary residence, or a unique investment opportunity, this extraordinary estate offers a rare blend of historic charm, flexibility, and an unbeatable location. With both the historic residence and pool house contributing to its earning potential, this is more than a home—it is a legacy property waiting for its next chapter.

Mortgage Calculator

Est. Monthly Payment

$22,219

Principal & Interest$17,698
Property Tax$3,500
Insurance$1,021
%($700,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$7,861
Monthly Cashflow

Rent − PITIA

$-14,358
Full Cashflow

Incl. vacancy, PM, maint, capex

$-19,083

Mortgage (P+I)
$17,698
Cap Rate
-0.47%
Cash-on-Cash
-32.71%
DSCR

Need ≥ 1.25 for DSCR loan

0.35
Break-even Rent
$32,644

NOI (Annual)
$-16,616
Price-to-Rent

Lower = better for investors

37.1

* 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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