4444 42nd Street

4444 42nd Street

D

San Diego, CA 92116

$1,199,000

Beds

2

Baths

1

Sqft

786

Year Built

1931

Days on Market

47

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2600801

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, NOT INCLUDED IN SQUARE FOOTAGE, 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

0D
Est. Monthly Rent
$3,126
Monthly Cashflow

Rent − PITI − HOA

$-4,486
Full Cashflow

Incl. vacancy, PM, maint, capex

$-6,204

Mortgage (P+I)
$6,063
Cap Rate
-0.14%
Cash-on-Cash
-22.45%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.41
Break-even Rent
$7,612

NOI (Annual)
$-1,694
Price-to-Rent

Lower = better for investors

32.0

* 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.

Get Expert AnalysisOpen Full Calculator