4222 Swift Avenue

4222 Swift Avenue

D

San Diego, CA 92104

$1,895,000

Beds

Baths

Sqft

2,661

Year Built

1912

Days on Market

27

Property Type

Multi-Family

HOA/mo

N/A

MLS ID

PTP2601618

Description

$1,895,000 | Stunning, Restored North Park TRIPLEX, Three separately metered residences | 8 off-street parking spaces | 100+ documented upgrades | 15+ years of capital investment. ~2,661 SF | 5 BD / 4 BA | Est. $112,800 gross scheduled income (buyer to verify). MAIN RESIDENCE — 3BD/2BA ~1,554 SF: Restored 1912 Craftsman with refinished hardwoods, original doors with antique hardware, stained-glass window, artisan blown-glass lighting, Solatube daylighting. Remodeled kitchen: quartzite countertops, Kohler farmhouse sink, KitchenAid refrigerator, Whirlpool 5-burner gas range, Miele dishwasher. REAR UNITS — Two 1BD/1BA (~504 SF / ~605 SF): Updated appliances, refreshed baths, lighting and electrical upgrades, exterior enhancements. One unit fully refreshed 2024–2025: new outlets, switches, fixtures, custom redwood deck. Shared laundry: LG front-load W/D, stainless utility sink, cabinetry, LED lighting. INFRASTRUCTURE: PEX plumbing (2023), Navien tankless water heater (2023), whole-house water filtration (2024), electrical panel & wiring, gas lines, ductwork & attic insulation, foundation reinforcement, French-drain crawl space with sump pump, roof (2020), underground drainage. GROUNDS: 23+ specimen palms and cycads | private courtyard | flagstone patio | fountain | landscape lighting. Designated Opportunity Zone — potential tax advantages for qualified buyers (buyer to verify). Parking: 2-car garage + 4 driveway + 2 alley. North Park Transit Priority Area. Equal housing opportunity. Buyer to verify all information including SF, income, expenses, permits, zoning, and OZ eligibility prior to COE.

Mortgage Calculator

Est. Monthly Payment

$12,030

Principal & Interest$9,582
Property Tax$1,895
Insurance$553
%($379,000)
%

Investment Score

0D
Est. Monthly Rent
$4,259
Monthly Cashflow

Rent − PITIA

$-7,771
Full Cashflow

Incl. vacancy, PM, maint, capex

$-10,330

Mortgage (P+I)
$9,582
Cap Rate
-0.47%
Cash-on-Cash
-32.71%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.35
Break-even Rent
$17,674

NOI (Annual)
$-8,973
Price-to-Rent

Lower = better for investors

37.1

* 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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