3470 Landis

3470 Landis

D

San Diego, CA 92104

$999,999
NEW — 2d on market

Beds

2

Baths

1

Sqft

784

Year Built

2016

Days on Market

2

Property Type

Single Family

HOA/mo

N/A

MLS ID

DW26071680

View on MLS

Description

Fully remodeled home in the heart of North Park! This turnkey property sits on a spacious 5,001 sqft lot and features two detached garages with excellent ADU potential—ideal for additional rental income or multi-generational living. The lot offers ample yard space, allowing for private outdoor areas for each unit if converted. The versatile yard is perfect for entertaining and hosting guests.Large windows fill the home with abundant natural light, creating a bright and inviting atmosphere throughout. The home also includes a full set of brand-new appliances, making it truly move-in ready.A rare opportunity to own a beautifully upgraded home with strong value-add potential, just minutes from shopping, dining, and all that North Park has to offer.

Mortgage Calculator

Est. Monthly Payment

$6,348

Principal & Interest$5,057
Property Tax$1,000
Insurance$292
%($200,000)
%

Investment Score

2D
Est. Monthly Rent
$3,335
Monthly Cashflow

Rent − PITIA

$-3,014
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,614

Mortgage (P+I)
$5,057
Cap Rate
0.53%
Cash-on-Cash
-27.68%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.53
Break-even Rent
$9,327

NOI (Annual)
$5,311
Price-to-Rent

Lower = better for investors

25.0

* 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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