3622 Texas St
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3622 Texas St

C

San Diego, CA 92104

$1,449,000

Beds

Baths

Sqft

Year Built

2021

Days on Market

21

Property Type

Multi-Family

HOA/mo

N/A

MLS ID

260015699SD

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

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About This Property

Rare North Park duplex offering an exceptional opportunity for both owner-occupants and investors in one of San Diego's most sought-after neighborhoods. This charming property features two separate residences, each with its own unique character, flexible living spaces, and timeless architectural details. Outside the expansive front patio creates an inviting outdoor space perfect for relaxing or entertaining. Inside, you'll find bright and spacious interiors with abundant natural light and hardwood flooring. The living areas are warm and welcoming, while the kitchens offer generous cabinetry, ample prep space, and convenient adjacent laundry/storage areas. The versatile floor plan provides excellent flexibility for multi-generational living, rental income, or a dedicated home office. The lower residence also benefits from bonus living space and direct access to a private outdoor area, while both units enjoy patios for indoor-outdoor living. Located in the heart of North Park, just blocks from Morley Field, Balboa Park, popular restaurants, coffee shops, breweries, shopping, and entertainment, this property offers the perfect blend of historic charm, modern updates, and prime urban convenience. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this is a rare opportunity in San Diego.

Mortgage Calculator

Est. Monthly Payment

$9,199

Principal & Interest$7,327
Property Tax$1,449
Insurance$423
%($289,800)
%

Investment Score

4D
Est. Monthly Rent
$4,660
Monthly Cashflow

Rent − PITIA

$-4,539
Full Cashflow

Incl. vacancy, PM, maint, capex

$-6,818

Mortgage (P+I)
$7,327
Cap Rate
0.42%
Cash-on-Cash
-28.23%
DSCR

Need ≥ 1.25 for DSCR loan

0.51
Break-even Rent
$13,515

NOI (Annual)
$6,104
Price-to-Rent

Lower = better for investors

25.9

* 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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