4338 33rd Place

4338 33rd Place

C

San Diego, CA 92104

$929,900
NEW — 1d

Soft Appraisal Value: $904,900 · 2.8% above estimate

Beds

2

Baths

1

Sqft

768

Year Built

1925

Days on Market

1

Property Type

Single Family

HOA/mo

N/A

MLS ID

PTP2605386

This property is in San Diego (92104). View neighborhood stats →

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About This Property

North Park opportunities don't come around often. This one comes with a plan. Nestled between North Park and Normal Heights, this charming bungalow offers the perfect blend of location, lifestyle, and opportunity. Set on an expansive lot, this move-in-ready 2-bedroom, 1-bath home features vaulted ceilings, engineered hardwood flooring, an updated kitchen with quartz countertops, shaker cabinetry, stainless steel appliances, and a private backyard designed for relaxing or entertaining. What truly sets this property apart is its future potential. Two completed development plan options are available, including a design featuring a detached 1,200 sq. ft. ADU with an attached two-car garage plus a 500 sq. ft. JADU, creating exceptional possibilities for future expansion or additional living space. Just minutes from North Park's acclaimed restaurants, breweries, coffee shops, boutiques, Balboa Park, Downtown San Diego, and major freeways, this is more than a home—it's an opportunity to own in one of San Diego's most sought-after neighborhoods while planning for what's next.

Mortgage Calculator

Est. Monthly Payment

$5,903

Principal & Interest$4,702
Property Tax$930
Insurance$271
%($185,980)
%

Location

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Investment Score

16D
Est. Monthly Rent
$3,324
Monthly Cashflow

Rent − PITIA

$-2,579
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,118

Mortgage (P+I)
$4,702
Cap Rate
0.75%
Cash-on-Cash
-26.57%
DSCR

Need ≥ 1.25 for DSCR loan

0.56
Break-even Rent
$8,673

NOI (Annual)
$7,004
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.

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