5858 Riley St
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5858 Riley St

C

San Diego, CA 92110

$1,150,000
NEW — 3d

Soft Appraisal Value: $1,123,600 · 2.3% above estimate

Beds

3

Baths

1

Sqft

1,066

Year Built

1956

Days on Market

3

Property Type

Single Family

HOA/mo

N/A

MLS ID

260015493SD

This property is in San Diego (92110). View neighborhood stats →

About This Property

Prime infill development opportunity blocks from USD. This RM-3-7 lot sits in a Sustainable Development Area and qualifies for the City’s Complete Communities Housing Solutions program, with preliminary plans submitted to the City for up to 23 units. Rear alley access opens up parking and site design flexibility that street-only lots can’t match. Add the program’s FAR and density bonuses, plus a ministerial path that can avoid discretionary review, and this is a rare entitlement play in a transit-served pocket of Linda Vista. Walk to a Trolley stop under a mile away, with quick access to Mission Bay, the beaches, Riverwalk Golf Club, Fashion Valley, and UTC. The existing mid-century home features original wood flooring, open beam ceilings, and wood-cased windows with strong natural light from its southern exposure, ideal income while you entitle.

Mortgage Calculator

Est. Monthly Payment

$7,300

Principal & Interest$5,815
Property Tax$1,150
Insurance$335
%($230,000)
%

Location

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Investment Score

5D
Est. Monthly Rent
$3,769
Monthly Cashflow

Rent − PITIA

$-3,531
Full Cashflow

Incl. vacancy, PM, maint, capex

$-5,356

Mortgage (P+I)
$5,815
Cap Rate
0.48%
Cash-on-Cash
-27.95%
DSCR

Need ≥ 1.25 for DSCR loan

0.52
Break-even Rent
$10,725

NOI (Annual)
$5,506
Price-to-Rent

Lower = better for investors

25.4

* 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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