3350 Cherokee Avenue

3350 Cherokee Avenue ##25

D

San Diego, CA 92104

$699,000
NEW — 3d on market

Beds

2

Baths

2.5

Sqft

1,312

Year Built

1987

Days on Market

3

Property Type

Townhouse

HOA/mo

$505

MLS ID

PTP2602412

Description

Welcome to this FHA and VA-approved 2-bedroom, 2.5-bath end-unit townhome—a true opportunity in the heart of 92104. Offering one of the largest layouts in the area, this home delivers exceptional value—and it’s easy to show! Step inside to light-filled living spaces, a functional layout, and thoughtful updates where they matter most. The main living areas feel bright and inviting, while the spacious bedrooms provide comfort and flexibility. As an end unit, this home offers added privacy and a noticeably quiet interior ( tour it to believe it)—creating a calm, peaceful environment that feels like a retreat from the vibrant neighborhood outside. One of the standout features is the oversized **2.25-car garage—the largest in the zip code—**providing rare flexibility for extra storage, a home gym, workshop space, or additional parking. Located in the heart of North Park, you’re surrounded by some of San Diego’s best coffee shops, breweries, farmers markets, and parks. Military buyers will appreciate proximity to local bases, and first-time buyers will love the ability to move in now and add value over time. Enjoy the best of both worlds—urban energy just outside your door, and a quiet, private space to come home to. Schedule your private tour today and see the potential for yourself.

Mortgage Calculator

Est. Monthly Payment

$4,942

Principal & Interest$3,535
Property Tax$699
Insurance$204
HOA$505
%($139,800)
%

Investment Score

2D
Est. Monthly Rent
$3,017
Monthly Cashflow

Rent − PITIA

$-1,926
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,202

Mortgage (P+I)
$3,535
Cap Rate
0.57%
Cash-on-Cash
-27.48%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.61
Break-even Rent
$7,175

NOI (Annual)
$3,991
Price-to-Rent

Lower = better for investors

19.3

* 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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