
7217 Farmdale Street
Btop 30%San Diego, CA 92114
One license per person in San Diego: whether you can hold it depends on you, not only the home.
3 licensed short-term rentals within ½ mile (1 whole home), from the cities' license and permit lists of Nov 9, 2026.
Pass at asking: -$3,560/mo full cashflow at 20% down, 7.43% rate.
Works at $531,452 (47% under asking), or at 72% down.
Rent $5,301/mo from 25 leases of houses within 2 mi, size-adjusted ($5,710–$6,062).
Beds
5
Baths
3
Sqft
3,066
Year Built
1960
Days on Market
—
Property Type
Single Family
HOA/mo
N/A
MLS ID
260026672SD
This property is in San Diego (92114). Browse neighborhood analytics →
About This Property
**RARE FIND IN HIGHLAND PARK ESTATES - ENCANTO!** Not your ordinary home, not your ordinary opportunity as homes like this rarely go on the market! Discover this distinctive, custom-enhanced property nestled in the quiet Highland Park Estates neighborhood, near Paradise Hills and National City. Originally built in 1960, this home blends vintage charm with modern improvements and exceptional versatility. A 2015 expansion added approximately 1,035 sq. ft., including two bedrooms, a bathroom, and a spacious open kitchen with granite island, perfect for entertaining. Featuring 5 bedrooms, 3 bathrooms, and 2 additional permitted rooms with potential bedroom use, this home offers flexible living possibilities. Highlights include tile flooring, iron security gates, and a rare second-story balcony with westward views toward San Diego Bay and Point Loma. Situated on an expansive 12,800 sq. ft. lot, the customized outdoor space features concrete recreation areas, a pool table, workout space, mature fruit trees, and lush vegetation extending toward Paradise Valley Road. Ideal for multigenerational living or investors exploring room rentals or independent living opportunities, subject to applicable approvals. Conveniently located near shopping, schools, and medical facilities. A property full of character, possibilities, and room to make it uniquely yours! *PROFESSIONAL PHOTOS TO FOLLOW*
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Est. Monthly Payment
$6,813
Location
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Zoned Schools
Elementary
Boone Elementary · grades K-5 · San Diego Unified
Middle
Bell Middle · grades 6-8 · San Diego Unified
High
Morse 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
$5,301
Comp Average
$5,309
5851 Division Street
4bd / 3ba · 2,293 sqft · Single Family
$800K
Est. $4,646/mo
1745 Plaza Crest Ridge Rd
6bd / 3.5ba · 2,488 sqft · Single Family
$890K
Est. $5,145/mo
1219 Wren Street
5bd / 4ba · 2,987 sqft · Single Family
$1000K
Est. $5,887/mo
303 Sears Avenue
5bd / 3ba · 3,300 sqft · Single Family
$1000K
Est. $5,477/mo
311 Rosebud Lane
4bd / 3ba · 3,255 sqft · Single Family
$1.15M
Est. $5,392/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
25 leases of houses within 2 mi, size-adjusted · $5,710–$6,062
Blended 50/50 with the zip's market median ($4,806)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$3,560/mo short at 20% down; 72% down or +$4,623/mo rent closes it.
- Break-even price
- $531,452
- Break-even rent
- $9,924/mo
- Cashflow at 35% down
- −$2,524/mo
- Down payment to break even
- 72%
- Rate to break even
- Not reachable
47% under asking
$4,623/mo above the estimate
$716,400 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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