4193 4th Ave San Diego

4193 4th Ave San Diego

D

, CA 92103

$1,099,000
NEW — 2d on market

Beds

2

Baths

1.5

Sqft

1,029

Year Built

1927

Days on Market

2

Property Type

Single Family

HOA/mo

N/A

MLS ID

260004782SD

View on MLS

Description

Back on the Market! Price Reduced $51,000 – Bring Your Offer! Prime corner-lot opportunity in the heart of highly sought-after Hillcrest, 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—presenting incredible upside potential. Property Highlights: Additional bonus room (potential 3rd bedroom) Converted garage ideal for studio or flex space Low-maintenance backyard Plenty of off-street parking Excellent overall condition Unbeatable walkability — steps to shopping, restaurants, and major hospitals Ideal for rental income, Airbnb, or traveling nurse housing. Whether you're looking for a primary residence with upside or a strong-performing investment property, this Hillcrest gem checks all the boxes. Developers Take Note: 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

$6,977

Principal & Interest$5,557
Property Tax$1,099
Insurance$321
%($219,800)
%

Investment Score

7D
Est. Monthly Rent

Market Rent Estimate

$4,440
Monthly Cashflow

Rent − PITI − HOA

$-2,537
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,474

Mortgage (P+I)
$5,557
Cap Rate
1.18%
Cash-on-Cash
-13.85%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.80
Break-even Rent
$6,977

NOI (Annual)
$12,996
Price-to-Rent

Lower = better for investors

20.6

* Defaults: 20% down, 6.5% rate, 30yr.

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