3679 Landis

3679 Landis

D

San Diego, CA 92104

$735,000
NEW — 2d on market

Beds

2

Baths

1

Sqft

528

Year Built

1924

Days on Market

2

Property Type

Single Family

HOA/mo

N/A

MLS ID

260007825SD

Description

Charming cottage in City Heights located just minutes from Cherokee Point Park, offering convenient access to outdoor recreation, playgrounds, and open green space. The home is also close to, cafés, dining and nightlife of North Park, and the cultural attractions of Balboa Park. Provides easy connections to Interstate 805 and Interstate 15. Downtown’s vibrant Gaslamp Quarter is only about 15 minutes away. Inside, the home features an inviting open-concept kitchen and living area designed for comfortable living and effortless entertaining. The wraparound backyard provides plenty of space for raised garden beds, and outdoor seating, perfect for enjoying San Diego’s year-round climate. The detached garage has been enclosed and includes air conditioning, creating a versatile space that can function as a detached bedroom, home office, creative studio, or entertainment room. Above the garage, a rooftop patio offers a unique place to unwind while enjoying beautiful sunset views with sightlines stretching all the way to Mexico. Whether you’re looking for a charming primary residence for a small family or a property with strong potential as a short-term rental, this City Heights home presents an excellent opportunity to enjoy the best of San Diego living. Seller's were previously operating as a short-term rental, ask about income potential and don't miss this opportunity!

Mortgage Calculator

Est. Monthly Payment

$4,666

Principal & Interest$3,717
Property Tax$735
Insurance$214
%($147,000)
%

Investment Score

3D
Est. Monthly Rent
$2,747
Monthly Cashflow

Rent − PITIA

$-1,919
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,163

Mortgage (P+I)
$3,717
Cap Rate
0.90%
Cash-on-Cash
-25.82%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.59
Break-even Rent
$6,855

NOI (Annual)
$6,644
Price-to-Rent

Lower = better for investors

22.3

* 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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