3510 Alabama St
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3510 Alabama St

C

San Diego, CA 92104

$1,719,999
NEW — 1d

Soft Appraisal Value: $1,679,900 · 2.4% above estimate

Beds

3

Baths

2

Sqft

1,782

Year Built

1933

Days on Market

1

Property Type

Single Family

HOA/mo

N/A

MLS ID

260014133SD

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

About This Property

Tucked away on a quiet street just moments from Morley Field, this charming 3-bedroom, 2-bathroom North Park residence offers 1,782 square feet of thoughtfully designed living space, blending timeless character with modern comfort in one of San Diego’s most sought-after neighborhoods. The home’s inviting layout flows seamlessly into an expansive backyard retreat, a true standout feature, creating the perfect setting for indoor-outdoor living, entertaining, and relaxing beneath the trees and coastal breeze. Inside, you'll find spacious living areas filled with warmth and charm, complemented by central air conditioning and a newer tankless water heater. The galley-style kitchen is designed for both everyday living and entertaining, offering efficient flow and ample workspace. The detached garage is equipped with electrical, a half bathroom, and its own mini-split system, making it an ideal space for a home office, gym, workshop, studio, or flexible bonus space. Step outside into a private backyard retreat designed for year-round enjoyment. Complete with a covered awning, outdoor fireplace, turf, low-maintenance landscaping, and inviting gathering spaces, this secluded outdoor oasis is perfect for entertaining guests, hosting weekend barbecues, or enjoying quiet evenings under the San Diego sky. The location is truly exceptional. Just a 1/2 block from Morley Field and Balboa Park, you'll enjoy easy access to tennis courts, a large dog park, miles of hiking and mountain biking trails, playgrounds, and endless recreational opportunities. Summer movie nights in the park, live concerts at the Observatory, popular coffee shops, local boutiques, grocery stores, and acclaimed restaurants, including Michelin-recognized dining experiences, are all within close reach, creating a lifestyle defined by convenience and walkability. What makes this neighborhood especially unique is its ability to feel connected to nature while remaining in the heart of the city. Surrounded by mature trees, open green spaces, and some of San Diego's most treasured parks, the setting feels remarkably peaceful. On occasion, the distant sounds of animals from the world-famous San Diego Zoo add a touch of character that few locations can offer. Combining charm, modern updates, exceptional outdoor living, and one of North Park's most desirable locations, this home offers the perfect balance of urban convenience and natural beauty. Don't miss this rare opportunity to own in one of San Diego's most vibrant and beloved neighborhoods!

Mortgage Calculator

Est. Monthly Payment

$10,919

Principal & Interest$8,697
Property Tax$1,720
Insurance$502
%($344,000)
%

Location

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Investment Score

1D
Est. Monthly Rent
$4,981
Monthly Cashflow

Rent − PITIA

$-5,938
Full Cashflow

Incl. vacancy, PM, maint, capex

$-8,517

Mortgage (P+I)
$8,697
Cap Rate
0.13%
Cash-on-Cash
-29.71%
DSCR

Need ≥ 1.25 for DSCR loan

0.46
Break-even Rent
$16,042

NOI (Annual)
$2,160
Price-to-Rent

Lower = better for investors

28.8

* 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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