3781 Alabama St

3781 Alabama St

C

San Diego, CA 92104

$1,695,000
NEW — 1d

Soft Appraisal Value: $1,321,300 · 28.3% above estimate

Beds

2

Baths

2

Sqft

1,114

Year Built

1923

Days on Market

1

Property Type

Single Family

HOA/mo

N/A

MLS ID

260017480SD

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

About This Property

Whitewater Commercial Real Estate presents: 3781 Alabama St. a fully renovated 2-bed / 2-bath single-family residence in North Park and will be delivered with ready to issue plans & permits for the development of (9) ground up 1-bed / 1-bath apartment units behind the home. Located within walking distance of North Park's vibrant dining, retail, and entertainment amenities along University Avenue, the property offers residents exceptional walkability and convenience with easy access to Downtown San Diego and Balboa Park. Combined with permit-ready plans and attractive projected rental income, 3781 Alabama St offers investors the opportunity to capitalize on a premier development site in one of San Diego's strongest rental markets.

Mortgage Calculator

Est. Monthly Payment

$10,760

Principal & Interest$8,571
Property Tax$1,695
Insurance$494
%($339,000)
%

Location

Loading map...

Investment Score

0D
Est. Monthly Rent
$3,909
Monthly Cashflow

Rent − PITIA

$-6,851
Full Cashflow

Incl. vacancy, PM, maint, capex

$-9,162

Mortgage (P+I)
$8,571
Cap Rate
-0.42%
Cash-on-Cash
-32.43%
DSCR

Need ≥ 1.25 for DSCR loan

0.36
Break-even Rent
$15,808

NOI (Annual)
$-7,099
Price-to-Rent

Lower = better for investors

36.1

* 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.

Get Expert AnalysisOpen Full Calculator