
6031 Meade Ave
Btop 30%San Diego, CA 92115
One license per person in San Diego: whether you can hold it depends on you, not only the home.
30 licensed short-term rentals within ½ mile (13 whole home), from the cities' license and permit lists of Nov 11, 2026.
Pass at asking: -$3,426/mo full cashflow at 20% down, 7.43% rate.
Works at $402,860 (53% under asking), or at 79% down.
Rent $4,019/mo from 8 leases of 3-bed houses within 1 mi, same school area ($3,782–$4,104).
Beds
3
Baths
1.5
Sqft
1,288
Year Built
1950
Days on Market
96
Property Type
Single Family
HOA/mo
N/A
MLS ID
260019192SD
This property is in San Diego (92115). View neighborhood stats →
About This Property
Updated, Move-In Ready Living in the Heart of El Cerrito! Discover the possibilities in this refreshed single-story home tucked away on a quiet cul-de-sac in the desirable El Cerrito neighborhood. Offering 3 bedrooms, 1.5 bathrooms, approximately 1,288 square feet of living space, and a 5,300-square-foot lot, this home combines meaningful updates with the opportunity to make it your own. Inside, you'll find fresh improvements throughout, including updated living and sitting areas, a dedicated dining space, and a remodeled kitchen featuring new cabinetry, countertops, and appliances. All three bedrooms have been updated, while attractive flooring, an upgraded electrical system, and an energy-efficient mini-split heating and cooling system add comfort and convenience. Outside is a spacious backyard with room to entertain, garden, create an outdoor retreat, or simply enjoy the Southern California sunshine. The single-story layout and versatile living spaces offer flexibility for a variety of lifestyles. Conveniently located near San Diego State University, shopping, restaurants, parks, and major freeways, this home puts many of central San Diego's popular destinations within easy reach. If you've been looking for an updated single-story home in an established San Diego neighborhood, this is an opportunity worth exploring. Come see the possibilities and imagine making it your own!
Mortgage Calculator
Est. Monthly Payment
$5,813
Location
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Zoned Schools
Elementary
Pendleton Elementary · grades K-5 · San Diego Unified
Middle
Mann Middle · grades 6-8 · San Diego Unified
High
Crawford High · grades 9-12 · San Diego Unified
The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.
Comparable Properties
5 comps foundThis Property
$4,019
Comp Average
$4,026
4220 Overlook Dr
3bd / 2ba · 1,292 sqft · Single Family
$800K
Est. $4,389/mo
6220 Streamview Dr
3bd / 1ba · 1,220 sqft · Single Family
$750K
Est. $4,045/mo
4235 Bernadine Pl
3bd / 1ba · 1,252 sqft · Single Family
$799K
Est. $3,705/mo
6367 Cleo Street
3bd / 2ba · 1,364 sqft · Single Family
$925K
Est. $4,167/mo
4667 60th Street
3bd / 2ba · 1,278 sqft · Single Family
$1.10M
Est. $3,826/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
8 leases of 3-bed houses within 1 mi, same school area · $3,782–$4,104
Blended 50/50 with a property-level estimate
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$3,426/mo short at 20% down; 79% down or +$4,450/mo rent closes it.
- Break-even price
- $402,860
- Break-even rent
- $8,469/mo
- Cashflow at 35% down
- −$2,542/mo
- Down payment to break even
- 79%
- Rate to break even
- Not reachable
53% under asking
$4,450/mo above the estimate
$670,710 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.43% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.
Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.
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