3354 30th Street

3354 30th Street

D

San Diego, CA 92104

$1,395,000

Beds

Baths

Sqft

1,648

Year Built

1950

Days on Market

29

Property Type

Multi-Family

HOA/mo

N/A

MLS ID

NDP2602206

Description

Exceptional opportunity to own this multi-family 2-unit Morely Field North Park San Diego property on an 6,000+ sq. ft. lot. Explore the development possibilities under San Diego Complete Community initiative and attractive zoning. The existing configuration creates a wonderful opportunity for an owner occupant or investor. The front dwelling is a charming 3-bedroom, 2 bath residence accessible from 30th Street or through rear parking off the alley. You will be wowed by the spacious, fully fenced, private rear yard with wrap around covered porch. Directly behind is the second dwelling, a fully detached 1 bedroom, 1 bath home. It also offers a private, fully fenced yard. There are 5 alley parking spaces. Both residences exude charm and pride of ownership having been updated in the recent years. The duplex is conveniently located near Morley Field Sports complex and park a just few blocks away. You are surrounded by convenient neighborhood stores, local eateries and a rich community feel.

Mortgage Calculator

Est. Monthly Payment

$8,856

Principal & Interest$7,054
Property Tax$1,395
Insurance$407
%($279,000)
%

Investment Score

1D
Est. Monthly Rent
$4,259
Monthly Cashflow

Rent − PITIA

$-4,597
Full Cashflow

Incl. vacancy, PM, maint, capex

$-6,739

Mortgage (P+I)
$7,054
Cap Rate
0.27%
Cash-on-Cash
-28.98%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.48
Break-even Rent
$13,011

NOI (Annual)
$3,779
Price-to-Rent

Lower = better for investors

27.3

* 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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