4727 Choctaw Dr.

4727 Choctaw Dr.

D

San Diego, CA 92115

$1,350,000

Beds

6

Baths

5

Sqft

2,455

Year Built

1928

Days on Market

278

Property Type

Single Family

HOA/mo

N/A

MLS ID

250030243SD

Description

This rare 1928 University Heights property offers exceptional versatility with three separate living spaces, ideal for owner-occupants, multi-generational living, or investors seeking strong rental income in one of San Diego’s most desirable central neighborhoods. The charming front unit showcases original 1928s character with high ceilings, wood flooring, classic arches, and no popcorn ceilings. The layout includes a welcoming living room with fireplace, a formal dining area, a spacious family room, and a bright kitchen with a cozy breakfast area plus in-unit washer and dryer. This unit features 2 bedrooms, each with its own full bathroom. The back unit, connected to the front unit by one shared wall, offers 3 bedrooms and 2 full bathrooms, a functional kitchen, and a large combined living/dining area. The primary suite is generously sized and privately located at the end of the unit. A separate studio unit adds even more flexibility for extended family, guests, or additional rental income. Located in the highly sought-after University Heights/Normal Heights corridor, near North Park, Hillcrest, and major commuter routes, this property is a must-see for buyers who value historic charm, walkability, and long-term upside. Ideal for homeowners, investors, or developers exploring highest-and-best-use opportunities. Zoning may allow for redevelopment; buyers to verify all possibilities with the city.

Mortgage Calculator

Est. Monthly Payment

$8,570

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

Comparable Properties

2 comps found

This Property

$7,813

vs

Comp Average

$7,247

Comps based on same zip code, similar beds (±1), price range (60-150%).

Investment Score

10D
Est. Monthly Rent
$7,813
Monthly Cashflow

Rent − PITIA

$-757
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,679

Mortgage (P+I)
$6,826
Cap Rate
2.80%
Cash-on-Cash
-16.35%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.91
Break-even Rent
$12,591

NOI (Annual)
$37,764
Price-to-Rent

Lower = better for investors

14.4

* 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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