4240 Arden Way
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4240 Arden Way

D

San Diego, CA 92103

$1,799,000
NEW — 1d

Soft Appraisal Value: $1,776,200 · 1.3% above estimate

Beds

6

Baths

3.5

Sqft

2,299

Year Built

1911

Days on Market

1

Property Type

Single Family

HOA/mo

N/A

MLS ID

260009619SD

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

Virtual Tour

About This Property

Rare Opportunity! Imagine the elegance and the opportunities of this two-story vintage Craftsman style home. This fixer home requires vision to bring it back to being a real stunner! First time available in 60 years! 6 Bedrooms, 3.5 baths in main house. ALSO, original approx 376 Sq ft “granny apartment” with private access only, upstairs rear with additional bedroom, bath and kitchen. Amazing views - granny not counted in square footage! Note: Not all rooms shown in photos. Must come see. PLEASE do not inspect home without agent on premesis. Step inside to discover elegant living spaces with original oak hardwood floors, original leaded glass windows, a wood-burning fireplace, formal gumwood-paneled living/dining room, beautiful period moldings and built in cabinets scattered throughout. Tucked just off the living room, a bedroom or music room/library awaits. All bedrooms are spacious and offer large closets. Located on a lovely quiet street in an excellent pocket of North Mission Hills surrounded by beautifully preserved homes. The home boasts a wonderful floor plan on a large usable lot with alley access. The large backyard with alley access affords multiple uses and potential. Buyer to satisfy self regarding square footage and all details. Seller and agent accept no responsibility for measurements or statements regarding property.

Mortgage Calculator

Est. Monthly Payment

$11,420

Principal & Interest$9,097
Property Tax$1,799
Insurance$525
%($359,800)
%

Location

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Investment Score

0D
Est. Monthly Rent
$4,721
Monthly Cashflow

Rent − PITIA

$-6,700
Full Cashflow

Incl. vacancy, PM, maint, capex

$-9,285

Mortgage (P+I)
$9,097
Cap Rate
-0.13%
Cash-on-Cash
-30.97%
DSCR

Need ≥ 1.25 for DSCR loan

0.41
Break-even Rent
$16,779

NOI (Annual)
$-2,256
Price-to-Rent

Lower = better for investors

31.8

* 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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