3504 31st

3504 31st

D

San Diego, CA 92104

$949,900
NEW — 3d on market

Beds

3

Baths

1

Sqft

1,061

Year Built

2022

Days on Market

3

Property Type

Single Family

HOA/mo

N/A

MLS ID

260007209SD

Description

Welcome to this charming 3-bedroom, 1-bath home located in the highly desirable community of North Park situated on a corner lot. Full of original character and timeless appeal, this home presents a rare opportunity for buyers to create their dream space in one of San Diego’s most vibrant neighborhoods. Home is elevated from the street as you walk up to your spacious porch that leads to your front door. As you step into the living room filled with natural light, you're welcomed to a warm and inviting space. The adjoining formal dining room offers the perfect setting for gatherings and entertaining. Throughout the home, you’ll find classic architectural details that highlight its original charm and craftsmanship. The property features three bedrooms and a functional layout that offers both comfort and flexibility. The Home provides a solid foundation, ready for your personal updates and design vision. Step outside to enjoy a spacious outdoor porch ideal for relaxing, or taking in the surrounding neighborhood views. The home also includes a 1-car garage, providing additional storage and a fenced outdoor space. Situated in the heart of North Park, this home is just minutes away from local shops, restaurants, parks, schools and entertainment, offering the perfect blend of urban lifestyle and neighborhood charm. Whether you’re looking to restore its original beauty or reimagine it into a modern masterpiece, this property offers endless potential. Don’t miss this incredible opportunity to own in one of San Diego’s most sought-after communities.

Mortgage Calculator

Est. Monthly Payment

$6,030

Principal & Interest$4,803
Property Tax$950
Insurance$277
%($189,980)
%

Investment Score

5D
Est. Monthly Rent
$4,257
Monthly Cashflow

Rent − PITI − HOA

$-1,773
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,544

Mortgage (P+I)
$4,803
Cap Rate
1.59%
Cash-on-Cash
-22.38%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.71
Break-even Rent
$8,859

NOI (Annual)
$15,113
Price-to-Rent

Lower = better for investors

18.6

* 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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