4046 Iowa St
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4046 Iowa St #4

C

San Diego, CA 92104

$649,000
NEW — 7d

Soft Appraisal Value: $643,600 · 0.8% above estimate

Beds

2

Baths

2

Sqft

776

Year Built

1985

Days on Market

7

Property Type

Condo

HOA/mo

$460

MLS ID

260014727SD

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

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About This Property

Ideally situated on a quiet street in the heart of North Park, this charming 2-bedroom, 2-bath townhome with garage offers the perfect blend of tranquility and urban convenience. Nestled within a well-maintained community, the home welcomes you with a lush gated private courtyard and inviting interior spaces designed for comfortable living. Rich hardwood flooring leads to a living room featuring a cozy fireplace and direct access to a private patio, creating an ideal setting for relaxing or entertaining. The thoughtfully designed kitchen combines style and functionality with granite countertops, stainless steel appliances, gas cooking, abundant cabinetry, recessed lighting, and an extended breakfast bar. A beautifully updated full bath with a custom-tiled walk-in shower and an in-unit stacked washer and dryer complete the main level. Upstairs, you'll find two spacious bedrooms, each with its own private balcony, along with a second full bathroom. The primary suite offers an additional flexible retreat perfect for a home office, reading nook, dressing area, or expanded closet space. Additional highlights include a second assigned driveway parking space (plus the 1-car garage) and the privacy of having no neighbors above or below. Enjoy an exceptional walkable lifestyle just moments from North Park's popular restaurants, coffee shops, breweries, boutiques, bookstores, grocery stores, and parks. With easy freeway access and downtown San Diego, Balboa Park, and local beaches just minutes away, this home delivers the best of urban living in one of San Diego's most sought-after neighborhoods.

Mortgage Calculator

Est. Monthly Payment

$4,580

Principal & Interest$3,282
Property Tax$649
Insurance$189
HOA$460
%($129,800)
%

Location

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Investment Score

25D
Est. Monthly Rent
$2,736
Monthly Cashflow

Rent − PITIA

$-1,844
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,014

Mortgage (P+I)
$3,282
Cap Rate
0.50%
Cash-on-Cash
-27.86%
DSCR

Need ≥ 1.25 for DSCR loan

0.60
Break-even Rent
$6,650

NOI (Annual)
$3,215
Price-to-Rent

Lower = better for investors

19.8

* 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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