4561 Bancroft
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4561 Bancroft

D

San Diego, CA 92116

$949,000
NEW — 0d on market

Beds

2

Baths

2

Sqft

800

Year Built

1937

Days on Market

0

Property Type

Single Family

HOA/mo

N/A

MLS ID

260008179SD

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

About This Property

Charming, light-filled Normal Heights craftsmen where modern updates seamlessly blend with classic character and relaxed, comfortable living. This warm, airy 2BR/2BA home includes 800 sq feet of main living space PLUS a flexible detached 150 sq foot bonus room/office ideal for work, guests, hobbies, or potential ADU/studio conversion with private alley access. Meticulously maintained and fully turnkey, it features dual-pane windows, updated flooring, recessed lighting, and a fresh contemporary kitchen. Exterior enhancements include foundation improvements, improved crawl-space ventilation, and updated gutters paired with a rain barrel. Fully owned solar is grandfathered under NEM 2.0; seller reports $0 electricity charges beyond taxes. The spacious primary suite offers double closets and an upgraded en-suite bath for comfort and privacy. Outdoor living shines with a fully fenced yard, mature shade trees, real-grass landscaping, and both front and back decks for dining and entertaining. A covered, gated carport plus an additional alley space provide two dedicated parking spots, an exceptional advantage in this neighborhood. Ideally located just two blocks from Adams Ave with popular restaurants, cafés, boutiques, and everyday essentials nearby. It also offers quick access to both the 805 and 15, making it effortless to navigate the city. Don’t miss this rare opportunity to own a move-in-ready home with character and flexibility in the heart of Normal Heights!

Mortgage Calculator

Est. Monthly Payment

$6,024

Principal & Interest$4,799
Property Tax$949
Insurance$277
%($189,800)
%

Location

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Investment Score

2D
Est. Monthly Rent
$3,449
Monthly Cashflow

Rent − PITIA

$-2,576
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,160

Mortgage (P+I)
$4,799
Cap Rate
0.81%
Cash-on-Cash
-26.30%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.57
Break-even Rent
$8,851

NOI (Annual)
$7,667
Price-to-Rent

Lower = better for investors

22.9

* 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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