3702 Conrad
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3702 Conrad

D

San Diego, CA 92117

$2,049,000
NEW — 3d on market

Beds

4

Baths

4.5

Sqft

2,200

Year Built

1957

Days on Market

3

Property Type

Single Family

HOA/mo

N/A

MLS ID

260008296SD

This property is in San Diego (92117). View neighborhood stats →

About This Property

Welcome to this stunning NEW CONSTRUCTION single-story home with attached ADU that has separate entrances. PERMITS WERE OBTAINED. All bedrooms are primary suites and ceiling height is 9 feet all around. All new windows, multi-slide doors, stainless-steel appliances, custom quartz countertops throughout, kitchen island, contemporary front doors, custom garage door, roof top decks with lighting including stairs, new mini splits AC system in each unit, tankless water heater, walk in closet in primary ADU, dual closets in other bedrooms, new landscaping and patio areas, water and scratch resistant vinyl flooring throughout, bathrooms are custom tiled showers, vanities, with all new fixtures. Both units have open floorplan which flows into the living area, kitchen, and patio areas upon entry. New electrical, sewage, and plumbing. The roofs were done with westcoat water proofing and TPO both include 20-year warranty. Both units were framed in with the option to build up at a later time; the existing property was taken down to 3 walls. Separate SDG&E meters.

Mortgage Calculator

Est. Monthly Payment

$13,007

Principal & Interest$10,361
Property Tax$2,049
Insurance$598
%($409,800)
%

Location

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Investment Score

1D
Est. Monthly Rent
$6,215
Monthly Cashflow

Rent − PITIA

$-6,793
Full Cashflow

Incl. vacancy, PM, maint, capex

$-9,930

Mortgage (P+I)
$10,361
Cap Rate
0.25%
Cash-on-Cash
-29.08%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.48
Break-even Rent
$19,111

NOI (Annual)
$5,173
Price-to-Rent

Lower = better for investors

27.5

* 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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