4493 Arizona St
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4493 Arizona St

C

San Diego, CA 92116

$1,350,000

Beds

Baths

Sqft

Year Built

1921

Days on Market

11

Property Type

Multi-Family

HOA/mo

N/A

MLS ID

260016341SD

This property is in San Diego (92116). View neighborhood stats →

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About This Property

This beautifully updated 1921 Craftsman bungalow blends classic architectural details with today's modern conveniences. Rich wood floors, original built-ins, and period character create a warm and inviting atmosphere, while the thoughtfully updated kitchen offers the perfect balance of style and functionality. The 1,167 sq. ft. main home features 2 bedrooms, a versatile den ideal for a home office or guest space, and an oversized bathroom designed for comfort. Extensive recent improvements provide peace of mind, including a new roof (2023), new HVAC system (2024), tankless water heater (2020), interior refinishing and paint, and newer exterior paint. Adding exceptional value is the detached garage and newly constructed 495 sq. ft. ADU (built in 2023) featuring 1 bedroom and 1 bathroom and in-unit laundry, it offers an outstanding opportunity for supplemental income, multigenerational living, or private guest accommodations. The property also features a newly installed solar system with battery backup through a Sunrun Power Purchase Agreement (PPA), helping maximize energy efficiency. Ideally located in the desirable University Heights neighborhood, you'll enjoy easy access to award-winning restaurants, neighborhood cafés, boutique shopping, parks, and vibrant community events. This rare property offers historic charm, significant modern upgrades, and valuable income potential, all in one of San Diego's most sought-after communities. Please see the Documents tab for the complete list of updates and upgrades.

Mortgage Calculator

Est. Monthly Payment

$8,570

Principal & Interest$6,826
Property Tax$1,350
Insurance$394
%($270,000)
%

Investment Score

7D
Est. Monthly Rent
$4,725
Monthly Cashflow

Rent − PITIA

$-3,845
Full Cashflow

Incl. vacancy, PM, maint, capex

$-6,057

Mortgage (P+I)
$6,826
Cap Rate
0.68%
Cash-on-Cash
-26.92%
DSCR

Need ≥ 1.25 for DSCR loan

0.55
Break-even Rent
$12,591

NOI (Annual)
$9,231
Price-to-Rent

Lower = better for investors

23.8

* 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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