4360 42nd Street #6
Ctop 80%San Diego, CA 92105
62 licensed short-term rentals within ½ mile (37 whole home), from the cities' license and permit lists of Nov 8, 2026.
No unit in this 7-unit complex holds a short-term rental license, so nothing shows its HOA allows them. Get the CC&Rs before counting on short-term income.
Pass at asking: -$2,599/mo full cashflow at 20% down, 7.43% rate.
Works at $136,675 (71% under asking), or at 99% down.
Rent $1,818/mo from 8 leases of 1-bed condos & townhomes within 0.5 mi ($1,888–$2,293). Previously leased for $1,800.
Beds
1
Baths
1
Sqft
588
Year Built
1979
Days on Market
45
Property Type
Condo
HOA/mo
$350
MLS ID
NDP2608907
This property is in San Diego (92105). View neighborhood stats →
About This Property
VA LOAN ASSUMABLE AT 5.25% WITH LOW GAP! Discover top floor living in a small, secured community of only seven units total. This conveniently located San Diego residence offers a private top floor setting, one assigned parking space in a secured two car garage, and free community laundry. The building exterior was recently painted, adding to its fresh and well maintained appeal. Enjoy easy access to North Park, central San Diego, shopping, dining, and public transportation. Virtually staged photos showcase the possibilities of this inviting home. A unique opportunity for a qualified buyer to take advantage of an assumable VA loan at 5.25% with a low gap!
Mortgage Calculator
Est. Monthly Payment
$3,602
Location
Loading map...
Zoned Schools
Elementary
Franklin Elementary · grades K-5 · San Diego Unified
Middle
Lewis Middle · grades 6-8 · San Diego Unified
or Wilson Middle · grades 6-8 · San Diego Unified
Choice area: the district lets families here pick either school.
High
Henry High · grades 9-12 · San Diego Unified
or Hoover High · grades 9-12 · San Diego Unified
Choice area: the district lets families here pick either school.
The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.
Comparable Properties
5 comps foundThis Property
$1,818
Comp Average
$1,862
3819 47th Street
1bd / 1ba · 592 sqft · Condo
$295K
Est. $1,902/mo
4085 48th St
1bd / 1ba · 558 sqft · Condo
$300K
Est. $1,830/mo
4230 Copeland Ave
1bd / 1ba · 576 sqft · Condo
$325K
Est. $1,835/mo
3870 37th St
1bd / 1ba · 576 sqft · Condo
$345K
Est. $1,940/mo
4161 Winona Avenue
1bd / 1ba · 540 sqft · Condo
$299K
Est. $1,804/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
Previously leased for $1,800
8 leases of 1-bed condos & townhomes within 0.5 mi · $1,888–$2,293
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$2,599/mo short at 20% down; 99% down or +$3,375/mo rent closes it.
- Break-even price
- $136,675
- Break-even rent
- $5,193/mo
- Cashflow at 35% down
- −$2,104/mo
- Down payment to break even
- 99%
- Rate to break even
- Not reachable
71% under asking
$3,375/mo above the estimate
$470,250 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.43% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.
Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.
Open Full Calculator