3851 42nd Street

3851 42nd Street

D

San Diego, CA 92105

$1,275,000

Soft Appraisal Value: $1,240,100 · 2.8% above estimate

Beds

Baths

Sqft

4,544

Year Built

1955

Days on Market

67

Property Type

Multi-Family

HOA/mo

N/A

MLS ID

PTP2600724

Description

Amazing opportunity to own 3 Units on one property. This Residential Income Property, is in very good condition and is fully tenant occupied. The property has been been renovated recently and includes many amenities like: a shared washer & dryer for the back 2 Units, which are both 1BR, 1BA and a washer & dryer for the Front house (2BA, 1BA, with new electrical upgrade for the SFH) as well. Plenty of on-site parking; outside courtyard and a privately fully fenced front yard. Each unit features plenty of natural light, newer vinyl flooring, spacious floor plans and modern appliances. The property is close to Schools, short drive to SDSU, Shopping, Public Transportation and Freeways. Enjoy the strong rents and future Appreciation!*!

Mortgage Calculator

Est. Monthly Payment

$8,094

Principal & Interest$6,447
Property Tax$1,275
Insurance$372
%($255,000)
%

Investment Score

0D
Est. Monthly Rent
$2,071
Monthly Cashflow

Rent − PITIA

$-6,023
Full Cashflow

Incl. vacancy, PM, maint, capex

$-7,562

Mortgage (P+I)
$6,447
Cap Rate
-1.05%
Cash-on-Cash
-35.59%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.26
Break-even Rent
$11,892

NOI (Annual)
$-13,378
Price-to-Rent

Lower = better for investors

51.3

* 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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