3549 Redwood St
Ctop 80%San Diego, CA 92104
One license per person in San Diego: whether you can hold it depends on you, not only the home.
77 licensed short-term rentals within ½ mile (39 whole home), from the cities' license and permit lists of Nov 13, 2026.
Pass at asking: -$6,601/mo full cashflow at 20% down, 7.36% rate.
Works at $365,176 (70% under asking), or at 98% down.
Rent $3,625/mo from 8 leases of 2-bed houses within 1 mi, same school area ($3,411–$5,101).
Beds
2
Baths
2
Sqft
1,092
Year Built
1956
Days on Market
1
Property Type
Single Family
HOA/mo
N/A
MLS ID
260026899SD
This property is in San Diego (92104). View neighborhood stats →
About This Property
Remodeled detached home with a private yard and finished garage = offering flexible use as a home office, additional living space, or potential ADU, tucked away in a quiet North Park pocket. Just two blocks from Montclair Park and blocks from McKinley Elementary School & St. Augustine High School. The thoughtfully redesigned, high-end kitchen features Forno appliances. Additional upgrades include two full bathrooms, new windows and doors, recessed lighting, ceiling fans, new A/C, tankless water heater, updated plumbing and water supply lines, and a new electrical panel. The private backyard features a new deck and turf. The finished garage offers exceptional versatility with new insulation, drywall, new garage door, epoxy flooring, and lighting, making it ideal for a home office, studio, additional living space, or exploring ADU potential.
Mortgage Calculator
Est. Monthly Payment
$8,368
Location
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Zoned Schools
Elementary
McKinley Elementary · grades K-5 · San Diego Unified
Middle
Roosevelt International Middle · grades 6-8 · San Diego Unified
High
San Diego High · grades 9-12 · San Diego Unified
The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.
Comparable Properties
5 comps foundThis Property
$3,625
Comp Average
$3,746
3126 31st
2bd / 1.5ba · 1,326 sqft · Single Family
$1.09M
Est. $4,061/mo
2164 Boundary Street
3bd / 2ba · 1,174 sqft · Single Family
$1.30M
Est. $4,199/mo
3781 Alabama St
3bd / 2ba · 1,114 sqft · Single Family
$1.40M
Est. $3,906/mo
2536 Montclair
2bd / 1ba · 855 sqft · Single Family
$1.20M
Est. $3,270/mo
4173 Wilson
2bd / 1ba · 906 sqft · Single Family
$1.25M
Est. $3,293/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
8 leases of 2-bed houses within 1 mi, same school area · $3,411–$5,101
Blended 50/50 with the zip's market median ($3,505)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$6,601/mo short at 20% down; 98% down or +$8,572/mo rent closes it.
- Break-even price
- $365,176
- Break-even rent
- $12,197/mo
- Cashflow at 35% down
- −$5,329/mo
- Down payment to break even
- 98%
- Rate to break even
- Not reachable
70% under asking
$8,572/mo above the estimate
$1,204,420 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.36% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.
Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.
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