4220 Poplar Street
1 / 20

4220 Poplar Street

D

San Diego, CA 92105

$899,000
NEW — 0d on market

Beds

4

Baths

3

Sqft

2,016

Year Built

1952

Days on Market

0

Property Type

Triplex

HOA/mo

N/A

MLS ID

PTP2602661

This property is in San Diego (92105). View neighborhood stats →

Virtual Tour

About This Property

Opportunity knocks in the heart of City Heights! This versatile triplex near Azalea Park offers a rare blend of immediate income, house-hacking potential, and future development upside on a generous 6,300 sq ft lot. The property features two 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit, making it an ideal setup for an owner occupant looking to offset their mortgage while building long-term wealth, or for an investor seeking steady rental income. Beyond its current configuration, the property presents compelling value-add and development potential. Situated within a multi-family/mixed-use zoning area buyers may explore opportunities to increase density, add units, or redevelop (buyer to verify). This opens the door to significant long-term upside for those looking to maximize the site’s potential. Conveniently located near major transit corridors, shopping, dining, and just minutes from downtown San Diego, this is a strategic investment in one of the city’s most dynamic and evolving neighborhoods.

Mortgage Calculator

Est. Monthly Payment

$5,707

Principal & Interest$4,546
Property Tax$899
Insurance$262
%($179,800)
%

Location

Loading map...

Investment Score

2D
Est. Monthly Rent
$3,212
Monthly Cashflow

Rent − PITIA

$-2,495
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,983

Mortgage (P+I)
$4,546
Cap Rate
0.75%
Cash-on-Cash
-26.58%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.56
Break-even Rent
$8,384

NOI (Annual)
$6,757
Price-to-Rent

Lower = better for investors

23.3

* 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.

Get Expert AnalysisOpen Full Calculator