3455 Landis Street

3455 Landis Street

D

San Diego, CA 92104

$685,000

Beds

2

Baths

1

Sqft

720

Year Built

1946

Days on Market

25

Property Type

Single Family

HOA/mo

N/A

MLS ID

PTP2600989

Description

Tucked into one of North Park’s most sought-after pockets, this updated bungalow blends classic charm with modern comfort and an unbeatable walkable lifestyle. Step inside to an open, light-filled living space where the spacious living room flows effortlessly into the kitchen and dining area, perfect for both everyday living and easy entertaining. The home features a generously sized primary bedroom and a beautifully updated bathroom with a walk-in shower and farmhouse sink, while the second bedroom offers flexibility as a guest room, nursery, or home office. Out back, a fully fenced and private yard creates your own urban oasis, complete with a covered pergola, lush landscaping, a large eco-stained deck, and two storage sheds, ideal for relaxing, hosting, or expanding your vision. An automated gate provides secure, private access with ample off-street parking, while owned solar and ADU potential add long-term value and opportunity. All of this is just moments from the vibrant restaurants, shops, and parks that make North Park one of San Diego’s most beloved neighborhoods.

Mortgage Calculator

Est. Monthly Payment

$4,349

Principal & Interest$3,464
Property Tax$685
Insurance$200
%($137,000)
%

Investment Score

9D
Est. Monthly Rent

Market Rent Estimate

$3,024
Monthly Cashflow

Rent − PITI − HOA

$-1,325
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,591

Mortgage (P+I)
$3,464
Cap Rate
1.53%
Cash-on-Cash
-11.60%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.87
Break-even Rent
$4,349

NOI (Annual)
$10,472
Price-to-Rent

Lower = better for investors

18.9

* Defaults: 20% down, 6.5% rate, 30yr.

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