3420 Boundary St
1 / 20

3420 Boundary St

D

San Diego, CA 92104

$1,395,000
NEW — 0d

Soft Appraisal Value: $1,404,000 · 0.6% below estimate

Beds

Baths

Sqft

2,171

Year Built

1943

Days on Market

0

Property Type

Multi-Family

HOA/mo

$225

MLS ID

PTP2603313

This property is in San Diego (92104). View neighborhood stats →

Virtual Tour

About This Property

A fully remodeled Spanish-style bungalow plus two income units — one attached, one detached — each with a private entrance, full kitchen, and independent living space, offering rental income potential or multigenerational flexibility in one of San Diego's most walkable neighborhoods. The main house opens into a living room anchored by a fireplace with a white oak mantle. The fully reimagined kitchen offers white shaker cabinetry, dark quartz countertops, brass glass pendants, and floating oak shelves — designer-curated and cohesive throughout, a rarity in multi-family. A glass door opens to the home's private courtyard. The full bath offers a wood-toned vanity and rainfall shower-head. The attached unit delivers an open layout, a new designer kitchen with dark quartz counters and brass fixtures, and an en-suite bath with a cocoa accent wall. The detached unit mirrors that quality with its own full kitchen and spa-inspired bath. All bathrooms are fully updated with new vanities, showers, and curated details — each with its own character. Light oak-toned plank flooring runs throughout. A new roof, new electrical panels, and new water heaters complete the infrastructure. The detached unit is separately metered for electric and gas; the main house and attached unit share meters with a dedicated subpanel. Driveway parking in front and one rear space. North Park's restaurant row, breweries, farmers markets, and Balboa Park are minutes away.

Mortgage Calculator

Est. Monthly Payment

$9,081

Principal & Interest$7,054
Property Tax$1,395
Insurance$407
HOA$225
%($279,000)
%

Location

Loading map...

Investment Score

0D
Est. Monthly Rent
$2,463
Monthly Cashflow

Rent − PITIA

$-6,618
Full Cashflow

Incl. vacancy, PM, maint, capex

$-8,347

Mortgage (P+I)
$7,054
Cap Rate
-1.11%
Cash-on-Cash
-35.90%
DSCR

Need ≥ 1.25 for DSCR loan

0.27
Break-even Rent
$13,303

NOI (Annual)
$-15,516
Price-to-Rent

Lower = better for investors

47.2

* 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.

Get Expert AnalysisOpen Full Calculator