4193 4th Ave
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4193 4th Ave

D

San Diego, CA 92103

$995,000

Soft Appraisal Value: $984,300 · 1.1% above estimate

Beds

2

Baths

1.5

Sqft

1,029

Year Built

1927

Days on Market

47

Property Type

Single Family

HOA/mo

N/A

MLS ID

260004782SD

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

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About This Property

Price Reduced again Now $999,000 — Bring Your Offers! Prime corner-lot opportunity in the heart of highly desirable Hillcrest, ideally located at 4th Ave & Arbor. This charming 2-bedroom + bonus room, 1.5-bath home offers 1,029 SF on a 3,001 SF lot and is zoned RM-4-10 within the Complete Communities Overlay, creating exceptional upside potential. Property Highlights: Bonus room with potential for a 3rd bedroom Converted garage, ideal for a studio, office, or flex space Low-maintenance backyard Plenty of off-street parking Well-maintained and in good overall condition Unbeatable walkability, just steps from shopping, restaurants, and major hospitals Perfect for rental income, Airbnb, or traveling nurse housing. A strong investment opportunity in one of San Diego’s most sought-after neighborhoods. Developers : 1,029 SF existing structure (2BR / 1.5BA + bonus room) Garage converted to studio space Corner lot configuration Walking distance to hospitals, retail, and dining Strong rental demand submarket Developer Package Available: Historically cleared Proposed plans for 3-story, 8-unit project (5,891 SF) TOPO map Sewer map

Mortgage Calculator

Est. Monthly Payment

$6,316

Principal & Interest$5,031
Property Tax$995
Insurance$290
%($199,000)
%

Location

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Investment Score

5D
Est. Monthly Rent
$4,462
Monthly Cashflow

Rent − PITIA

$-1,854
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,710

Mortgage (P+I)
$5,031
Cap Rate
1.59%
Cash-on-Cash
-22.37%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.71
Break-even Rent
$9,280

NOI (Annual)
$15,859
Price-to-Rent

Lower = better for investors

18.6

* 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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