3831 41st Street
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3831 41st Street

D

San Diego, CA 92105

$950,000

Beds

Baths

Sqft

Year Built

1923

Days on Market

9

Property Type

Multi-Family

HOA/mo

N/A

MLS ID

260012016SD

This property is in San Diego (92105). View neighborhood stats →

About This Property

We are pleased to present 3831–33 N 41st Street, a well-located 2-unit multifamily property situated in the City Heights neighborhood of San Diego, CA. Positioned on an approximately 6,746 square foot (.15-acre) lot, the property consists of two spacious three-bedroom residences totaling approximately 1,776 rentable square feet, with each unit measuring approximately 888 square feet. The property features two three-bedroom units, including one three-bedroom/two-bathroom residence and one three-bedroom/one-and-a-half-bathroom residence, offering highly functional floorplans with strong appeal to families, roommates, and long-term renters. Located in the heart of City Heights, the property benefits from convenient access to major transportation corridors, neighborhood retail, restaurants, schools, parks, and public transit. The central San Diego location provides residents with seamless connectivity to Downtown San Diego and surrounding employment hubs, supporting consistent rental demand in one of the city’s most established urban neighborhoods. 3831–33 N 41st Street presents a compelling value-add investment opportunity with the potential for future expansion and additional unit development. The oversized lot configuration and favorable location create the opportunity for investors to unlock additional value through strategic improvements and increased density potential, making the property well-positioned for long-term growth and appreciation.

Mortgage Calculator

Est. Monthly Payment

$6,031

Principal & Interest$4,804
Property Tax$950
Insurance$277
%($190,000)
%

Investment Score

20D
Est. Monthly Rent
$3,675
Monthly Cashflow

Rent − PITIA

$-2,356
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,993

Mortgage (P+I)
$4,804
Cap Rate
1.02%
Cash-on-Cash
-25.22%
DSCR

Need ≥ 1.25 for DSCR loan

0.61
Break-even Rent
$8,860

NOI (Annual)
$9,733
Price-to-Rent

Lower = better for investors

21.5

* 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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