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3470 Landis
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3470 Landis

D

San Diego, CA 92104

$845,000

Soft Appraisal Value: $839,900 · 0.6% above estimate

Beds

2

Baths

1

Sqft

784

Year Built

2016

Days on Market

40

Property Type

Single Family

HOA/mo

N/A

MLS ID

DW26071680

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

About This Property

Perched above the street on an elevated lot, this fully renovated Cherokee Point home blends modern design with unexpected privacy and open-sky views. Flooded with natural light, the interior showcases wide-plank flooring, a designer kitchen with quartz countertops, custom cabinetry, and stainless steel appliances, all flowing seamlessly into the main living space.A picture window and French doors frame the outdoors, creating a bright, airy feel rarely found at this size and offering a true indoor-outdoor connection. Thoughtfully reimagined, the 784 sq ft layout lives far larger than expected, with clean lines, warm finishes, and a calming, minimalist aesthetic throughout.Step outside to a spacious yard designed for both relaxation and entertaining, complete with multiple seating areas and room to expand. The detached garage presents a prime opportunity for ADU conversion or additional value-add potential.Ideally located near North Park, dining, and major freeways, this is a rare opportunity to own a turnkey home with style, versatility, and future upside in one of San Diego’s most dynamic neighborhoods.

Mortgage Calculator

Est. Monthly Payment

$5,364

Principal & Interest$4,273
Property Tax$845
Insurance$246
%($169,000)
%

Location

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Investment Score

17D
Est. Monthly Rent
$2,857
Monthly Cashflow

Rent − PITIA

$-2,507
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,868

Mortgage (P+I)
$4,273
Cap Rate
0.57%
Cash-on-Cash
-27.47%
DSCR

Need ≥ 1.25 for DSCR loan

0.53
Break-even Rent
$7,880

NOI (Annual)
$4,857
Price-to-Rent

Lower = better for investors

24.6

* 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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