4171 1st Ave
Ctop 80%San Diego, CA 92103
One license per person in San Diego: whether you can hold it depends on you, not only the home.
66 licensed short-term rentals within ½ mile (48 whole home), from the cities' license and permit lists of Nov 11, 2026.
Pass at asking: -$6,137/mo full cashflow at 20% down, 7.43% rate.
Works at $500,886 (61% under asking), or at 88% down.
Rent $4,996/mo from 11 leases of 2–4 bed houses within 1 mi ($4,184–$5,059).
Beds
3
Baths
2
Sqft
1,197
Year Built
1947
Days on Market
97
Property Type
Single Family
HOA/mo
N/A
MLS ID
260019113SD
This property is in San Diego (92103). View neighborhood stats →
About This Property
Welcome to 4171 First Avenue, a beautifully renovated 3-bed, 2-bath home in the heart of Hillcrest, offering the perfect blend of classic charm and modern living. Step inside to find an open, light-filled floor plan with gleaming hardwood floors, fresh paint, recessed lighting, and stylish finishes throughout. The updated kitchen features white shaker cabinetry, stainless steel appliances, subway tile backsplash, and ample counter space—ideal for both everyday living and entertaining. The spacious primary suite includes vaulted ceilings and a stunning en suite bath. Enjoy year-round comfort with central heating and air, plus the convenience of an indoor laundry room and detached one-car garage. Outside, a landscaped front yard and cozy backyard with lemon trees create an inviting space to relax or host gatherings. Located just steps from Hillcrest’s vibrant restaurants, shops, and cafes, and minutes from Balboa Park, Downtown, and several major hospitals—including Scripps Mercy, UCSD Medical Center, and Rady Children’s—this home offers exceptional walkability and a lifestyle that’s hard to beat.
Mortgage Calculator
Est. Monthly Payment
$8,901
Location
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Zoned Schools
Elementary
Florence Elementary · grades PK-5 · San Diego Unified
Middle
Roosevelt International Middle · grades 6-8 · San Diego Unified
High
San Diego 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
$4,996
Comp Average
$4,641
1026 Pascoe
3bd / 4ba · 1,320 sqft · Single Family
$1.23M
Est. $4,653/mo
912 Bush Street
2bd / 2ba · 1,153 sqft · Single Family
$1.40M
Est. $4,388/mo
4042 1st Avenue
3bd / 1ba · 1,129 sqft · Single Family
$1.55M
Est. $4,668/mo
2172 Pine St
3bd / 2ba · 1,200 sqft · Single Family
$1.79M
Est. $4,986/mo
3635 Kite
3bd / 1.5ba · 1,162 sqft · Single Family
$1.59M
Est. $4,512/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
11 leases of 2–4 bed houses within 1 mi · $4,184–$5,059
Blended 50/50 with the zip's market median ($5,306)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$6,137/mo short at 20% down; 88% down or +$7,971/mo rent closes it.
- Break-even price
- $500,886
- Break-even rent
- $12,967/mo
- Cashflow at 35% down
- −$4,783/mo
- Down payment to break even
- 88%
- Rate to break even
- Not reachable
61% under asking
$7,971/mo above the estimate
$1,144,000 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.43% 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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