5372 Barstow Street
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5372 Barstow Street

C

San Diego, CA 92117

$1,125,000

Soft Appraisal Value: $1,104,500 · 1.9% above estimate

Beds

4

Baths

2

Sqft

1,279

Year Built

1959

Days on Market

54

Property Type

Single Family

HOA/mo

N/A

MLS ID

PTP2602147

This property is in San Diego (92117). View neighborhood stats →

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About This Property

This property presents a rare chance to capitalize on San Diego's thriving rental market — and uniquely, it starts generating income from day one. The existing 1,279 SF front home has been fully remodeled from top to bottom — new kitchen, bathrooms, flooring, owner solar with tesla battery and more — and is currently tenant-occupied, meaning an incoming buyer steps into immediate cash flow while the ADU plans work through the approval process. Plans for four brand-new ADUs — two 650 SF and two 430 SF units across two detached duplexes — are well into the approval process, giving an incoming buyer a significant head start toward five total income-producing units on a single lot, without the years of groundwork typically required to get here. The design is thoughtful and built to attract quality tenants from day one — modern finishes, private entries, in-unit laundry, and efficient ductless HVAC in every unit. Once stabilized, the project is positioned to generate strong monthly cash flow across all five units in a neighborhood where rental demand is consistent, vacancy is low, and new construction commands a premium. Tucked in the heart of Clairemont Mesa with frontage on both Barstow Street and Roscrea Avenue, the property is minutes from USD, UCSD, Mission Bay, Fashion Valley, and every major employment corridor in the county via the I-5 and I-805 — the kind of location that makes units easy to fill and easy to keep filled. Whether you're a seasoned developer ready to carry the plans across the finish line or a growing investor looking to build a high-performing multi-unit asset, the hard work here is already well underway. A straightforward opportunity in one of San Diego's most dependable rental neighborhoods.

Mortgage Calculator

Est. Monthly Payment

$7,142

Principal & Interest$5,689
Property Tax$1,125
Insurance$328
%($225,000)
%

Location

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Investment Score

32C
Est. Monthly Rent
$5,403
Monthly Cashflow

Rent − PITIA

$-1,739
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,919

Mortgage (P+I)
$5,689
Cap Rate
1.89%
Cash-on-Cash
-20.90%
DSCR

Need ≥ 1.25 for DSCR loan

0.76
Break-even Rent
$10,492

NOI (Annual)
$21,238
Price-to-Rent

Lower = better for investors

17.4

* 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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