3671 Madison Avenue
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3671 Madison Avenue

D

San Diego, CA 92116

$1,399,900
NEW — 2d

Beds

Baths

Sqft

1,505

Year Built

1948

Days on Market

2

Property Type

Multi-Family

HOA/mo

N/A

MLS ID

TR26121591

This property is in San Diego (92116). View neighborhood stats →

About This Property

Well maintained duplex near Adams Avenue. Close to Von’s and Ward Canyon Park. Unique design with each unit, 3671 Madison and 4569 Cherokee, facing a different street for added privacy. Two car detached garage with workshop and one additional outdoor parking space. Potential ADU opportunity. Central heat and air conditioning. Each unit has own washer/dryer. Separate utility meters for gas and electricity. Water metered electronically for each unit. Total annual rental revenue was recently $79,200 for long term leases. Abundant outdoor spaces with pavers and pea gravel for entertaining and pets. Kitchens and bathrooms remodeled in 2022. Electrical and plumbing upgrades by previous owner. Mature fruit trees including lemon and avocado. Quiet location. Fully fenced with private spaces for each unit.

Mortgage Calculator

Est. Monthly Payment

$8,887

Principal & Interest$7,079
Property Tax$1,400
Insurance$408
%($279,980)
%

Location

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Investment Score

7D
Est. Monthly Rent
$4,900
Monthly Cashflow

Rent − PITIA

$-3,987
Full Cashflow

Incl. vacancy, PM, maint, capex

$-6,280

Mortgage (P+I)
$7,079
Cap Rate
0.68%
Cash-on-Cash
-26.92%
DSCR

Need ≥ 1.25 for DSCR loan

0.55
Break-even Rent
$13,056

NOI (Annual)
$9,582
Price-to-Rent

Lower = better for investors

23.8

* 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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