4137 Van Dyke Avenue
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4137 Van Dyke Avenue

D

San Diego, CA 92105

$1,195,000

Soft Appraisal Value: $1,162,500 · 2.8% above estimate

Beds

2

Baths

1

Sqft

1,100

Year Built

1950

Days on Market

8

Property Type

Single Family

HOA/mo

N/A

MLS ID

PTP2603807

This property is in San Diego (92105). View neighborhood stats →

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About This Property

4137 Van Dyke Avenue presents a unique opportunity to acquire a renovated single-family residence with two additional detached rental units in the rear of the property. The front home consists of a spacious 2 bed / 1 bath layout approximately 1,100 SF and will be delivered vacant, making it an ideal opportunity for an owner-occupant seeking supplemental rental income. The rear of the property features two detached 1 bed / 1 bath cottages approximately 500 SF each, creating a versatile setup for investors or buyers looking to offset their mortgage with rental revenue. The property underwent an extensive renovation in 2021, including major interior and exterior improvements. Upgrades completed during the renovation include electrical, plumbing, roof, stucco, and foundation work, providing a low-maintenance ownership opportunity with strong long-term fundamentals. All units feature mini split systems, private yard space, individual utility meters, and ample on-site parking. The front home also includes an in-unit washer and dryer. The property also includes an approximately 460 SF detached two-car garage, which may offer future ADU conversion potential for a buyer looking to further maximize the site. Centrally located with convenient access to major freeways, employment centers, shopping, and dining, 4137 Van Dyke Avenue offers a rare combination of owner-user flexibility, rental income, and future upside in a highly accessible San Diego location.

Mortgage Calculator

Est. Monthly Payment

$7,586

Principal & Interest$6,043
Property Tax$1,195
Insurance$349
%($239,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$2,580
Monthly Cashflow

Rent − PITIA

$-5,007
Full Cashflow

Incl. vacancy, PM, maint, capex

$-6,596

Mortgage (P+I)
$6,043
Cap Rate
-0.56%
Cash-on-Cash
-33.12%
DSCR

Need ≥ 1.25 for DSCR loan

0.34
Break-even Rent
$11,146

NOI (Annual)
$-6,639
Price-to-Rent

Lower = better for investors

38.6

* 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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