4444 42nd

4444 42nd

D

San Diego, CA 92116

$1,199,000

Beds

Baths

Sqft

1,387

Year Built

1931

Days on Market

62

Property Type

Multi-Family

HOA/mo

N/A

MLS ID

NDP2600929

Description

DARLING South Kensington Spanish style 2BR/1BA home and detached 1BR/1BA bungalow, both with their own private fenced yard in a wonderful picaresque neighborhood, two blocks south of Kensington Village/Adams Avenue. The main house has original hardwood floors, coved ceiling detail and charming built-in bookshelves flanking the vintage tiled fireplace. The home includes a separate dining room and mud room (makes a great home office). The home includes new stainless appliances, quartz counters, A/C mini splits in the bedrooms and living room. THE BACK BUNGALOW WAS ORIGINALLY A 2-CAR GARAGE CONVERTED TO LIVING SPACE WITHOUT KNOWN PERMITS AND MAY NOT MEET CURRENT ZONING OR BUILDING REQUIREMENTS. The back bungalow was remodeled in 2024 by a licensed contractor and includes all new stainless appliances, plumbing fixtures, lighting, entry door, LVP, Plantation Shutters, and A/C heat-pump mini-split. Both the front and back homes are tenant occupied and will only be shown with accepted offer. The front house rents for $3,100/mo; bungalow rents for $2,195/mo including SDGE. Tenants pay 90% of water bill and 100% trash. This one is not to be missed! AGENT IS OWNER/BROKER.

Mortgage Calculator

Est. Monthly Payment

$7,612

Principal & Interest$6,063
Property Tax$1,199
Insurance$350
%($239,800)
%

Investment Score

3D
Est. Monthly Rent
$4,756
Monthly Cashflow

Rent − PITIA

$-2,856
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,949

Mortgage (P+I)
$6,063
Cap Rate
1.11%
Cash-on-Cash
-24.76%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.62
Break-even Rent
$11,183

NOI (Annual)
$13,367
Price-to-Rent

Lower = better for investors

21.0

* 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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