4459 Redwood Street
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4459 Redwood Street

Btop 30%

San Diego, CA 92105

$699,000
NEW — 0d
STR-eligible · San Diego Tier 3 · TOT 12.75%

One license per person in San Diego: whether you can hold it depends on you, not only the home.

42 licensed short-term rentals within ½ mile (18 whole home), from the cities' license and permit lists of Nov 6, 2026.

Pass at asking: -$2,622/mo full cashflow at 20% down, 7.43% rate.

Works at $357,650 (49% under asking), or at 75% down.

Rent $3,567/mo from 10 leases of 2–4 bed houses within 1 mi ($3,217–$3,683).

Beds

3

Baths

1

Sqft

1,226

Year Built

1989

Days on Market

0

Property Type

Single Family

HOA/mo

N/A

MLS ID

PTP2608248

This property is in San Diego (92105). View neighborhood stats →

Virtual Tour

About This Property

Welcome to this remodeled two-story home in centrally located City Heights!! Featuring 3 bedrooms and 1.5 bathrooms, this home offers all three bedroom and a full bathroom upstairs, plus a convenient half bathroom on the main level. Enjoy updated interiors and a central San Diego Location in the 92105 ZIP code. A wonderful opportunity to make this home your own.

Mortgage Calculator

Est. Monthly Payment

$4,786

Principal & Interest$3,883
Property Tax$699
Insurance$204
%($139,800)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Hamilton Elementary · grades PK-5 · San Diego Unified

  • Middle

    Clark Middle · grades 6-8 · San Diego Unified

  • High

    Hoover High · grades 9-12 · San Diego Unified

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Investment Score

50B
Est. Monthly Rent
$3,567

10 leases of 2–4 bed houses within 1 mi · $3,217–$3,683

Blended 50/50 with the zip's market median ($3,667)

Monthly Cashflow

Rent − PITIA

-$1,219
Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,622

What would make this work?

$2,622/mo short at 20% down; 75% down or +$3,405/mo rent closes it.

Break-even price

49% under asking

$357,650
Break-even rent

$3,405/mo above the estimate

$6,972/mo
Cashflow at 35% down
−$1,894/mo
Down payment to break even

$524,250 cash

75%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$3,883
Cap Rate
2.47%
Cash-on-Cash
-22.51%
DSCR

Need ≥ 1.25 for DSCR loan

0.75

NOI (Annual)
$17,273
Price-to-Rent

Lower = better for investors

16.3

* 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.

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BCashflow−$2,622/mo