633 Arroyo
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633 Arroyo

C

San Diego, CA 92103

$1,349,000
NEW — 0d

Soft Appraisal Value: $1,318,500 · 2.3% above estimate

Beds

3

Baths

2

Sqft

1,464

Year Built

1940

Days on Market

0

Property Type

Single Family

HOA/mo

N/A

MLS ID

260017103SD

This property is in San Diego (92103). View neighborhood stats →

About This Property

Completely remodeled and move-in ready, this beautifully updated home blends modern finishes with exceptional future potential. Every detail has been thoughtfully renovated, including new flooring, fresh interior paint, baseboards, updated LED can lights throughout, a stunning new kitchen with custom cabinetry and countertops, and beautifully updated bathrooms featuring new vanities, countertops, and fixtures. Updated double French doors create a seamless indoor-outdoor living experience, opening onto the spacious new Trex deck patio and above-ground hot tub—an ideal setting for entertaining guests or relaxing in your private backyard oasis. Situated in one of San Diego's most desirable central neighborhoods, you'll enjoy easy access to Little Italy, Downtown San Diego, the waterfront, and San Diego International Airport, making dining, entertainment, and travel incredibly convenient. The backyard is a true highlight, featuring a mature avocado tree that produces an abundance of fruit you may never have to buy another avocado again! A large detached two-car garage offers endless possibilities and could easily be converted into an ADU, creating additional rental income, guest quarters, or a private workspace. The property is also zoned R-3, providing exciting opportunities for future development or expansion (buyer to verify). Whether you're looking for a turnkey primary residence, an investment opportunity, or a property with long-term upside, this home offers the perfect combination of location, lifestyle, and potential. *digitally altered pic of DR hutch shelves. Completely remodeled and move-in ready, this beautifully updated home blends modern finishes with exceptional future potential. Every detail has been thoughtfully renovated, including new flooring, fresh interior paint, baseboards, updated LED can lights throughout, a stunning new kitchen with custom cabinetry and countertops, and beautifully updated bathrooms featuring new vanities, countertops, and fixtures. Updated double French doors create a seamless indoor-outdoor living experience, opening onto the spacious new Trex deck patio and above-ground hot tub—an ideal setting for entertaining guests or relaxing in your private backyard oasis. Situated in one of San Diego's most desirable central neighborhoods, you'll enjoy easy access to Little Italy, Downtown San Diego, the waterfront, and San Diego International Airport, making dining, entertainment, and travel incredibly convenient. The backyard is a true highlight, featuring a mature avocado tree that produces an abundance of fruit you may never have to buy another avocado again! A large detached two-car garage offers endless possibilities and could easily be converted into an ADU, creating additional rental income, guest quarters, or a private workspace. The property is also zoned R-3, providing exciting opportunities for future development or expansion (buyer to verify). Whether you're looking for a turnkey primary residence, an investment opportunity, or a property with long-term upside, this home offers the perfect combination of location, lifestyle, and potential.

Mortgage Calculator

Est. Monthly Payment

$8,564

Principal & Interest$6,821
Property Tax$1,349
Insurance$393
%($269,800)
%

Location

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Investment Score

14D
Est. Monthly Rent
$5,665
Monthly Cashflow

Rent − PITIA

$-2,898
Full Cashflow

Incl. vacancy, PM, maint, capex

$-5,325

Mortgage (P+I)
$6,821
Cap Rate
1.33%
Cash-on-Cash
-23.69%
DSCR

Need ≥ 1.25 for DSCR loan

0.66
Break-even Rent
$12,581

NOI (Annual)
$17,951
Price-to-Rent

Lower = better for investors

19.8

* 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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