4320 Cartagena Drive

4320 Cartagena Drive

D

San Diego, CA 92115

$865,000

Soft Appraisal Value: $856,200 · 1.0% above estimate

Beds

2

Baths

2

Sqft

1,519

Year Built

1949

Days on Market

10

Property Type

Single Family

HOA/mo

N/A

MLS ID

PTP2602090

Description

Fixer Opportunity on a 13,000 sq ft lot. Wonderful Rolando neighborhood. Zoning RS 1-7 which requires 1 unit per 5,000 sq ft of lot size. Located in the Transit Priority Area. Build up to 6 ADU's and or other units. Contact the city to confirm details. Rent the main house while you get permits to develop the new units. Multiple flat building pads in the backyard. House has some deferred maintenance. Selling as-is.

Mortgage Calculator

Est. Monthly Payment

$5,491

Principal & Interest$4,374
Property Tax$865
Insurance$252
%($173,000)
%

Investment Score

6D
Est. Monthly Rent
$4,369
Monthly Cashflow

Rent − PITI − HOA

$-1,122
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,848

Mortgage (P+I)
$4,374
Cap Rate
2.12%
Cash-on-Cash
-19.75%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.80
Break-even Rent
$8,067

NOI (Annual)
$18,316
Price-to-Rent

Lower = better for investors

16.5

* 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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