
3602 Wilson Ave
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.
95 licensed short-term rentals within ½ mile (62 whole home), from the cities' license and permit lists of Nov 9, 2026.
Pass at asking: -$7,699/mo full cashflow at 20% down, 7.43% rate.
Works at $696,698 (59% under asking), or at 86% down.
Rent $6,949/mo from 16 leases of 3–5 bed houses within 2 mi ($6,276–$7,597).
Beds
4
Baths
3.5
Sqft
3,885
Year Built
1922
Days on Market
46
Property Type
Single Family
HOA/mo
N/A
MLS ID
260023430SD
This property is in San Diego (92104). View neighborhood stats →
About This Property
RARE opportunity in North Park with nearly 3900sf of living space on an EXPANSIVE ~0.2acre corner lot. PAID SOLAR. Brand new balcony. This incredibly unique property offers a flexible floor plan, tons of space, and a setup that is hard to find in this special neighborhood. The main level features 4 bedrooms and 2 full baths, including the primary suite. An attached two-story additional living space offers both its own private exterior entrance and direct interior access to the main home. Complete with a full kitchen, living area and half bath on the first level, plus a bedroom, office/flex space and full bath upstairs. Perfect for multigenerational living, extended family, guests, work-from-home space, or anyone looking for additional separation and flexibility under one roof. The oversized corner lot offers tons of usable outdoor space and an amazing amount of privacy, along with exceptional off-street parking for up to 6 vehicles, including a 2-car garage, 2 gated driveway spaces, plus 2 additional driveway spaces. Tucked into a unique pocket of North Park with dead ends in both directions, there is minimal through traffic while still being right in the heart of one of San Diego’s most desirable neighborhoods. Perfect for the buyer with vision who appreciates the potential and possibilities this property presents.
Mortgage Calculator
Est. Monthly Payment
$11,633
Location
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Zoned Schools
Elementary
Cherokee Point Elementary · grades PK-5 · San Diego Unified
Middle
Wilson Middle · grades 6-8 · San Diego Unified
High
Hoover 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
4 comps foundThis Property
$6,949
Comp Average
$5,727
4135 32nd St.
6bd / 3ba · 2,925 sqft · Single Family
$1.89M
Est. $6,226/mo
3083 Vancouver Avenue
4bd / 3ba · 2,456 sqft · Single Family
$1.90M
Est. $6,233/mo
3617 31st Street
3bd / 2ba · 2,059 sqft · Single Family
$1.69M
Est. $4,881/mo
2475 capitan Avenue
5bd / 4ba · 2,560 sqft · Single Family
$2.45M
Est. $5,568/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
16 leases of 3–5 bed houses within 2 mi · $6,276–$7,597
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$7,699/mo short at 20% down; 86% down or +$9,998/mo rent closes it.
- Break-even price
- $696,698
- Break-even rent
- $16,947/mo
- Cashflow at 35% down
- −$5,929/mo
- Down payment to break even
- 86%
- Rate to break even
- Not reachable
59% under asking
$9,998/mo above the estimate
$1,461,140 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.43% 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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