3645 Cherokee
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3645 Cherokee

D

San Diego, CA 92104

$899,500
NEW — 2d

Beds

3

Baths

2

Sqft

828

Year Built

1925

Days on Market

2

Property Type

Single Family

HOA/mo

N/A

MLS ID

260009384SD

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

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About This Property

Fall in love with this stunning Craftsman/Bungalow, where timeless character meets thoughtful modern upgrades throughout. The main home features 3 bedrooms and 1 bath (approximately 828 sq. ft), complemented by a detached converted garage (approximately 375 sq. ft) offering a full bathroom & kitchen area. Great for a home office, art studio or home gym. Extensively updated from top to bottom, this home showcases newer flooring, updated windows, custom built-ins, newer roof (2015) and an upgraded electrical system—including a newer panel (2013). The beautifully remodeled kitchen blends style and functionality, while heating and A/C system ensures year-round comfort. The attic is ready for expansion, offering the potential to add approximately 600 sq ft—perfect for a loft or additional living space. Situated in the heart of Cherokee Point within the highly desirable North Park area, this property places you just moments from local dining, shopping, and entertainment. Meticulously maintained with exceptional attention to detail, the home also features convenient alley access with tandem parking for two vehicles. Enjoy outdoor living in the beautifully landscaped backyard, complete with an entertaining deck, and raised garden beds—ideal for relaxing or hosting. A rare opportunity offering charm, versatility, and value—this is a home you won’t want to miss.

Mortgage Calculator

Est. Monthly Payment

$5,710

Principal & Interest$4,548
Property Tax$900
Insurance$262
%($179,900)
%

Location

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Investment Score

29D
Est. Monthly Rent
$3,776
Monthly Cashflow

Rent − PITIA

$-1,934
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,552

Mortgage (P+I)
$4,548
Cap Rate
1.33%
Cash-on-Cash
-23.69%
DSCR

Need ≥ 1.25 for DSCR loan

0.66
Break-even Rent
$8,389

NOI (Annual)
$11,957
Price-to-Rent

Lower = better for investors

19.9

* 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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