4180 Louisiana St

4180 Louisiana St #1K

A

San Diego, CA 92104

$520,000

Soft Appraisal Value: $515,800 · 0.8% above estimate

Beds

2

Baths

2

Sqft

840

Year Built

1964

Days on Market

48

Property Type

Condo

HOA/mo

$461.8

MLS ID

260010283SD

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

About This Property

VA approved! Welcome to “The Louisianne,” an incredible opportunity to own a 2-bedroom, 2-bathroom home in the heart of North Park—and the most affordable 2 bed / 2 bath condo currently available in the neighborhood. This 820 square foot, east-facing unit offers the perfect entry point into one of San Diego’s most sought-after communities. Filled with natural light, the home features solid surface flooring throughout, an updated kitchen, and renovated bathrooms with a clean, modern feel—giving you a move-in-ready space without the need for major upgrades. The kitchen comes fully equipped with a refrigerator, oven, microwave, and dishwasher, making everyday living simple and functional. Just outside, you’ll appreciate the convenience of your assigned parking space located directly in front of the unit—a rare and valuable feature in this area. Set within a gated community, residents enjoy on-site laundry, bike storage, assigned parking, and well-maintained common areas, offering both comfort and peace of mind. For first-time buyers, this location is hard to beat. Step outside and you’re surrounded by coffee shops, restaurants, boutiques, farmers markets, and vibrant nightlife. Spend your weekends exploring Balboa Park, or enjoy quick access to Hillcrest, University Heights, and downtown San Diego. With a Walk Score of 89, you can truly embrace a walkable, urban lifestyle.

Mortgage Calculator

Est. Monthly Payment

$3,763

Principal & Interest$2,629
Property Tax$520
Insurance$152
HOA$462
%($104,000)
%

Location

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Investment Score

51B
Est. Monthly Rent
$3,013
Monthly Cashflow

Rent − PITIA

$-750
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,877

Mortgage (P+I)
$2,629
Cap Rate
1.74%
Cash-on-Cash
-21.65%
DSCR

Need ≥ 1.25 for DSCR loan

0.80
Break-even Rent
$5,450

NOI (Annual)
$9,035
Price-to-Rent

Lower = better for investors

14.4

* 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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