4190 Palmetto Way
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4190 Palmetto Way

D

San Diego, CA 92103

$2,949,000

Soft Appraisal Value: $2,891,600 · 2.0% above estimate

Beds

5

Baths

3.5

Sqft

4,492

Year Built

1916

Days on Market

63

Property Type

Single Family

HOA/mo

N/A

MLS ID

260006519SD

This property is in San Diego (92103). View neighborhood stats →

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About This Property

This charming and rare historic Mission Hills home, is ready for someone to restore it and make it their own while preserving its classic character. The spacious main residence offers 5 bedrooms and 3 baths, generous living areas, and vintage details just waiting to shine again. A detached garage is topped by an ADU/studio with existing plumbing and electrical, in need of TLC but ideal for future guest space, office, or rental. The large grounds, spread over two lots, feature a pool, outdoor kitchen, and convenient half bath for effortless indoor-outdoor living and entertainment. Additional perks include basement laundry and a prime Mission Hills location close to neighborhood dining, parks, and downtown San Diego!

Mortgage Calculator

Est. Monthly Payment

$18,721

Principal & Interest$14,912
Property Tax$2,949
Insurance$860
%($589,800)
%

Location

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Investment Score

0D
Est. Monthly Rent
$7,511
Monthly Cashflow

Rent − PITIA

$-11,210
Full Cashflow

Incl. vacancy, PM, maint, capex

$-15,395

Mortgage (P+I)
$14,912
Cap Rate
-0.20%
Cash-on-Cash
-31.32%
DSCR

Need ≥ 1.25 for DSCR loan

0.40
Break-even Rent
$27,504

NOI (Annual)
$-5,796
Price-to-Rent

Lower = better for investors

32.7

* 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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