3693 Arnold Ave
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3693 Arnold Ave

D

San Diego, CA 92104

$1,395,000
NEW — 0d

Soft Appraisal Value: $1,374,300 · 1.5% above estimate

Beds

3

Baths

2

Sqft

1,108

Year Built

1925

Days on Market

0

Property Type

Single Family

HOA/mo

N/A

MLS ID

260010537SD

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

About This Property

HOT LOCATION! Don’t miss this gorgeous 3-bedroom, 2-bath Craftsman Bungalow in the heart of North Park. This property offers an incredible "ready-to-go" opportunity with APPROVED PLANS and PAID PERMITS for a 2-story ADU and a new garage. The existing home radiates historic charm, featuring original hardwood floors, stunning built-ins, and coved ceilings with picture rail molding. The living room is anchored by an original Craftsman fireplace boasting vintage Batchelder-style relief art tile. Enjoy an abundance of natural light throughout, off-street parking, and an ultra-private backyard oasis. Perfectly situated just blocks from Morley Field and North Park’s best dining and nightlife. A rare blend of historic character and immediate value-add potential! INVESTOR & SAVVY HOMEOWNER ALERT! Skip the months of red tape and city fees. This sale includes FULLY APPROVED PLANS and PAID PERMITS to construct a modern 834 SQ FT 2 bed/1.5 bath 2-story detached ADU on footprint of existing garage PLUS a new garage. "Shovel-ready" ADU will have it's own entrance from Landis St. Whether you're looking for a multi-generational setup or a high-yield rental stream in one of San Diego’s most walkable and desirable neighborhoods, the heavy lifting has already been done for you.

Mortgage Calculator

Est. Monthly Payment

$8,856

Principal & Interest$7,054
Property Tax$1,395
Insurance$407
%($279,000)
%

Location

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Investment Score

1D
Est. Monthly Rent
$3,974
Monthly Cashflow

Rent − PITIA

$-4,882
Full Cashflow

Incl. vacancy, PM, maint, capex

$-6,958

Mortgage (P+I)
$7,054
Cap Rate
0.08%
Cash-on-Cash
-29.93%
DSCR

Need ≥ 1.25 for DSCR loan

0.45
Break-even Rent
$13,011

NOI (Annual)
$1,146
Price-to-Rent

Lower = better for investors

29.3

* 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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