3976 Florence Street
Atop 10%San Diego, CA 92113
One license per person in San Diego: whether you can hold it depends on you, not only the home.
16 licensed short-term rentals within ½ mile (6 whole home), from the cities' license and permit lists of Nov 13, 2026.
Pass at asking: -$2,488/mo full cashflow at 20% down, 7.36% rate.
Works at $373,389 (47% under asking), or at 72% down.
Rent $3,706/mo from 12 leases of 2–4 bed houses within 1 mi ($3,243–$4,195).
Beds
3
Baths
2
Sqft
1,472
Year Built
1946
Days on Market
72
Property Type
Single Family
HOA/mo
N/A
MLS ID
NDP2608212
This property is in San Diego (92113). Browse neighborhood analytics →
About This Property
Welcome to 3976 Florence Street, a charming and spacious 3 bedroom, 2 bathroom home offering approximately 1,472 square feet of living space on a generous 6,300 square foot lot. The well designed floor plan provides comfortable living spaces, ample natural light, and plenty of room to make the home your own. The sizable lot offers valuable outdoor space and exciting possibilities for future use. An approved ADU permit provides an additional opportunity to expand the property's functionality and create additional living space in the future. Conveniently located near schools, shopping, dining, parks, and major transportation routes, this property offers both everyday convenience and long term potential. A wonderful opportunity for buyers looking for a well sized home with a substantial lot and the ability to further customize and enhance the property over time.
Mortgage Calculator
Est. Monthly Payment
$4,759
Location
Loading map...
Zoned Schools
Elementary
Baker Elementary · grades K-5 · San Diego Unified
Middle
Knox Middle · grades 6-8 · San Diego Unified
High
Lincoln High · grades 9-12 · San Diego Unified
The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.
Comparable Properties
5 comps foundThis Property
$3,706
Comp Average
$3,531
4954 Ocean View Boulevard
3bd / 3ba · 1,479 sqft · Single Family
$696K
Est. $3,499/mo
4956 Ocean View Blvd
3bd / 3ba · 1,479 sqft · Single Family
$696K
Est. $3,499/mo
4964 Ocean View Blvd.
3bd / 3ba · 1,479 sqft · Single Family
$730K
Est. $3,499/mo
4966 Ocean View Boulevard
3bd / 3ba · 1,479 sqft · Single Family
$730K
Est. $3,499/mo
4952 Ocean View Blvd
3bd / 3ba · 1,479 sqft · Single Family
$756K
Est. $3,658/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
12 leases of 2–4 bed houses within 1 mi · $3,243–$4,195
Blended 50/50 with a property-level estimate
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$2,488/mo short at 20% down; 72% down or +$3,232/mo rent closes it.
- Break-even price
- $373,389
- Break-even rent
- $6,938/mo
- Cashflow at 35% down
- −$1,765/mo
- Down payment to break even
- 72%
- Rate to break even
- Not reachable
47% under asking
$3,232/mo above the estimate
$503,280 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.36% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.
Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.
Open Full Calculator