3510 Alabama St

3510 Alabama St

C

San Diego, CA 92104

$1,599,999
NEW — 1d

Beds

3

Baths

2

Sqft

1,782

Year Built

1933

Days on Market

1

Property Type

Single Family

HOA/mo

N/A

MLS ID

260017309SD

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

About This Property

Discover the perfect balance of timeless charm and everyday convenience in this beautifully maintained 3-bedroom, 2-bathroom North Park residence. Offering 1,782 square feet of inviting living space on a quiet street near Morley Field, this home pairs modern comforts with an exceptional location in the heart of San Diego. Designed with both comfort and versatility in mind, the interior features spacious living areas, central air conditioning, and a newer tankless water heater. The functional galley-style kitchen offers an efficient layout with ample counter space, while the detached garage, equipped with electrical service and its own mini-split system, provides endless possibilities for a home office, gym, workshop, or additional flex space. The outdoor living space is a true extension of the home, offering a secluded backyard retreat ideal for every season. Complete with a covered awning, outdoor fireplace, and multiple spaces to gather, it's the perfect backdrop for everything from intimate evenings outdoors to lively celebrations with family and friends. Life in this coveted North Park location means having some of San Diego's best amenities just outside your door. Just one block from Morley Field and Balboa Park, you'll enjoy easy access to tennis courts, a large dog park, playgrounds, miles of walking, hiking, and mountain biking trails, plus year-round community events like Summer Movies in the Park. Nearby, explore the neighborhood's renowned coffee shops, local boutiques, grocery stores, live music at The Observatory North Park, and acclaimed restaurants, including several Michelin-recognized dining destinations. What truly sets this location apart is its rare balance of urban convenience and natural beauty. While nestled in the heart of the city, the surrounding mature trees, expansive green spaces, and proximity to Balboa Park create a setting that feels unexpectedly tranquil. On occasion, the distant sounds of animals from the world-famous San Diego Zoo offer a one-of-a-kind reminder of the extraordinary environment that surrounds this home. Blending timeless character, thoughtful modern updates, exceptional outdoor living, and one of North Park's most coveted locations, this is a rare opportunity to own a home that offers the best of San Diego living, where vibrant city life and the natural beauty of Balboa Park come together just outside your front door.

Mortgage Calculator

Est. Monthly Payment

$10,157

Principal & Interest$8,090
Property Tax$1,600
Insurance$467
%($320,000)
%

Investment Score

6D
Est. Monthly Rent
$5,377
Monthly Cashflow

Rent − PITIA

$-4,780
Full Cashflow

Incl. vacancy, PM, maint, capex

$-7,351

Mortgage (P+I)
$8,090
Cap Rate
0.55%
Cash-on-Cash
-27.56%
DSCR

Need ≥ 1.25 for DSCR loan

0.53
Break-even Rent
$14,923

NOI (Annual)
$8,880
Price-to-Rent

Lower = better for investors

24.8

* 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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