3440 Egan

3440 Egan

C

San Diego, CA 92115

$997,500
NEW — 1d

Beds

3

Baths

2

Sqft

1,542

Year Built

1952

Days on Market

1

Property Type

Single Family

HOA/mo

N/A

MLS ID

260017600SD

This property is in San Diego (92115). View neighborhood stats →

About This Property

Located on a quiet cul-de-sac in the Redwood Village neighborhood of College Grove, this unique property features TWO DETACHED HOMES on one oversized lot, offering exceptional flexibility for owner-occupants, multigenerational living, guests, home offices, or rental income. The main home offers approximately 1,044 sq. ft. with 2 bedrooms, 1 bathroom, an eat-in kitchen, and a large converted garage with a cozy fireplace that provides flexible use as a family room, bedroom, office, or additional living space. The home welcomes you with a charming front porch, abundant natural light, multiple access doors, and covered patios creating inviting indoor-outdoor living areas. Extensively renovated in 2018, improvements include a new roof, remodeled kitchen with custom cabinetry and granite countertops, updated bathroom, tile flooring, some new windows, new sliding glass door, interior and exterior paint, lighting, baseboards and trim, appliances, stucco exterior, concrete walkways, retaining walls, fencing with gates, low-maintenance landscaping, and more. The electrical system was upgraded in 2026. The permitted detached ADU, completed in 2024, offers approximately 498 sq. ft. with 1 bedroom, 1 bathroom, luxury vinyl plank flooring, a modern kitchen with elegant cabinetry and granite countertops, indoor laundry, mini-split heating and air conditioning, and modern appliances. The ADU also features a covered patio, private backyard area, detached patio, storage shed, and its own owned solar system. Conveniently located just minutes from San Diego State University, Mission Valley, Downtown San Diego, Balboa Park, North Park, Snapdragon Stadium, shopping, dining, and major freeways including I-8, I-15, and SR-94. This rare opportunity offers versatility, quality upgrades, and excellent potential for comfortable living or rental income.

Mortgage Calculator

Est. Monthly Payment

$6,332

Principal & Interest$5,044
Property Tax$998
Insurance$291
%($199,500)
%

Investment Score

27D
Est. Monthly Rent
$4,284
Monthly Cashflow

Rent − PITIA

$-2,048
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,865

Mortgage (P+I)
$5,044
Cap Rate
1.42%
Cash-on-Cash
-23.25%
DSCR

Need ≥ 1.25 for DSCR loan

0.68
Break-even Rent
$9,303

NOI (Annual)
$14,147
Price-to-Rent

Lower = better for investors

19.4

* 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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