3468 Meade Ave
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3468 Meade Ave

C

San Diego, CA 92116

$849,000
NEW — 3d

Soft Appraisal Value: $838,300 · 1.3% above estimate

Beds

2

Baths

1

Sqft

740

Year Built

1926

Days on Market

3

Property Type

Single Family

HOA/mo

N/A

MLS ID

260016727SD

This property is in San Diego (92116). View neighborhood stats →

About This Property

Discover elevated bungalow living, where timeless 1925 architecture meets sophisticated modern updates in the heart of Normal Heights. This beautifully reimagined 2-bedroom, 1-bath residence blends historic charm with contemporary comfort, offering an inviting open-concept floor plan filled with natural light and thoughtfully curated designer finishes. The stylish kitchen features quartz countertops, stainless steel appliances, updated cabinetry, and a seamless flow into the living and dining areas—perfect for everyday living and entertaining. Enjoy year-round comfort with central air conditioning and the added value of owned solar, providing energy efficiency and long-term savings. Step outside to your private backyard retreat, complete with mature orange, clementine, and lime trees, creating the perfect setting for morning coffee, outdoor dining, or relaxing in San Diego’s ideal climate. The fully fenced yard offers privacy and a peaceful extension of the home’s living space. Located just blocks from the vibrant Adams Avenue corridor, you’ll enjoy walkable access to acclaimed restaurants, artisan coffee shops, craft breweries, boutique shopping, parks, farmers markets, and neighborhood events. With quick access to Downtown San Diego, Balboa Park, Mission Valley, major freeways, and the coast, this exceptional home offers the perfect blend of historic character, modern convenience, and one of San Diego’s most sought-after urban lifestyles.

Mortgage Calculator

Est. Monthly Payment

$5,390

Principal & Interest$4,293
Property Tax$849
Insurance$248
%($169,800)
%

Location

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Investment Score

24D
Est. Monthly Rent
$3,258
Monthly Cashflow

Rent − PITIA

$-2,132
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,589

Mortgage (P+I)
$4,293
Cap Rate
1.00%
Cash-on-Cash
-25.36%
DSCR

Need ≥ 1.25 for DSCR loan

0.60
Break-even Rent
$7,919

NOI (Annual)
$8,450
Price-to-Rent

Lower = better for investors

21.7

* 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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