3853 8th Ave San Diego
D, CA 92103
Beds
2
Baths
1.5
Sqft
1,066
Year Built
1920
Days on Market
26
Property Type
Single Family
HOA/mo
N/A
MLS ID
260002914SD
Description
Turnkey Historic Craftsman in Prime Hillcrest | Mills Act Tax Savings A wonderful renovated and historically designated Craftsman located in the heart of Hillcrest. This 2-bedroom, 1.5-bath home is enrolled in the Mills Act, offering significantly reduced property taxes while delivering modern, worry-free living. The home has been extensively remodeled throughout new plumbing, electrical, mini splits, and updated bathrooms. Seamlessly blending classic Craftsman charm with today’s standards. Additional upgrades include: a brand-new driveway, all-new landscaping, and new fencing. A rarity in the heart of hillcrest to offer spacious parking and backyard use. Previously operated as a 5 star rated Airbnb, the property offers proven income potential for investors or flexibility for owner-occupants seeking supplemental revenue (buyer to verify current short-term rental regulations). Zoning is CC-3-10 allowing for flexibility for developers to add ADUS or go the commercial/Residential route. Ideally situated just within walking distance from Hillcrest’s dining, nightlife, Balboa Park, and major medical centers, this home represents a rare opportunity to own a piece of San Diego history with modern infrastructure, tax advantages, and exceptional location.
Mortgage Calculator
Est. Monthly Payment
$7,586
Comparable Properties
5 comps foundThis Property
$3,144
Comp Average
$3,326
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4082 Albatross St San Diego
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3266 1st Avenue San Diego
2bd / 2ba · 1,084 sqft · Condo
$725K
Est. $2,958/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
Estimated Rent
Rent − PITI − HOA
Incl. vacancy, PM, maint, capex
⚠️ Need ≥ 1.25 for DSCR loan
Lower = better for investors