405 19th St
Ctop 80%San Diego, CA 92102
One license per person in San Diego: whether you can hold it depends on you, not only the home.
136 licensed short-term rentals within ½ mile (101 whole home), from the cities' license and permit lists of Nov 3, 2026.
Pass at asking: -$8,148/mo full cashflow at 20% down, 7.49% rate.
Works at $442,653 (70% under asking), or at 98% down.
Rent $4,434/mo from 23 leases of 2–4 bed houses within 2 mi ($4,450–$6,119).
Beds
3
Baths
3
Sqft
2,304
Year Built
1903
Days on Market
45
Property Type
Single Family
HOA/mo
N/A
MLS ID
260022965SD
This property is in San Diego (92102). View neighborhood stats →
About This Property
A rare opportunity to own a piece of San Diego history with spectacular views of the Downtown skyline, San Diego Bay, Coronado Bridge and Petco Park. Built in 1903, this 3-bedroom residence offers approximately 2,304 square feet with 2 full baths and 2 half baths and is a contributing historic resource within the Sherman Heights Historic District, benefiting from an existing Mills Act agreement. Rich in character, the home features high ceilings, beautiful wood floors, bay windows, built-ins, decorative glass, detailed millwork and three fireplaces. An updated kitchen complements generous living and dining spaces. All three bedrooms are upstairs along with a dedicated laundry room. Modern improvements include solar, a 200-amp electrical panel and tankless gas water heater. Set on an approx. 4,696 sq. ft. lot, the property is fully gated with an automatic driveway gate and valuable off-street parking for multiple vehicles. A private patio provides an inviting outdoor retreat for dining and entertaining. A detached approx. 16' x 19' carriage house adds substantial bonus space with exciting possibilities for a studio, workshop, office, storage or other use. Ideally located just minutes from Downtown, Petco Park, the Gaslamp Quarter and Balboa Park, this distinctive home offers a rare combination of historic character, panoramic views, gated parking, versatile bonus space and modern conveniences.
Mortgage Calculator
Est. Monthly Payment
$10,313
Location
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Zoned Schools
Elementary
Sherman Elementary · grades PK-5 · San Diego Unified
Middle
Logan Memorial Educational Campus · grades PK-12 · San Diego Unified
High
Logan Memorial Educational Campus · grades PK-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
$4,434
Comp Average
$4,771

7302 Canyon View Lane
4bd / 2ba · 2,120 sqft · Single Family
$915K
Est. $4,346/mo
2971 Imperial Avenue
3bd / 2.5ba · 1,775 sqft · Single Family
$1.08M
Est. $4,293/mo
2804 C St
5bd / 3ba · 1,884 sqft · Single Family
$1.47M
Est. $5,121/mo
1412 30th
5bd / 3ba · 2,576 sqft · Single Family
$2.25M
Est. $5,828/mo
2676 B Street
3bd / 2.5ba · 1,496 sqft · Single Family
$1.65M
Est. $4,268/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
23 leases of 2–4 bed houses within 2 mi · $4,450–$6,119
Blended 50/50 with the zip's market median ($4,011)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$8,148/mo short at 20% down; 98% down or +$10,582/mo rent closes it.
- Break-even price
- $442,653
- Break-even rent
- $15,016/mo
- Cashflow at 35% down
- −$6,577/mo
- Down payment to break even
- 98%
- Rate to break even
- Not reachable
70% under asking
$10,582/mo above the estimate
$1,469,020 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.49% 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.
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