744 Robinson Ave San Diego

744 Robinson Ave San Diego

D

, CA 92103

$1,685,000

Beds

3

Baths

1.5

Sqft

1,400

Year Built

1915

Days on Market

30

Property Type

Single Family

HOA/mo

N/A

MLS ID

260002468SD

Description

Charming and versatile Hillcrest single-family home with expansion and investment upside. While County records show approx. 1,400 sq. ft., the home also features a converted attic suite of about 400 sq. ft. with a half bath and generous storage, creating a private retreat. BONUS UNIT? An approximately 650 sq ft basement with separate entrance offers permitted electrical and flexible space for storage, hobbies, or entertainment. The home is in excellent shape for its age, with thoughtful updates over the years including flooring, windows, bathrooms, and roofing. Situated in a prime central Hillcrest location, this property offers both immediate comfort and long-term potential. Currently rented at $6000 per month to excellent long-term tenants on month-to-month, providing reliable income. DEVELOPMENT OPPORTUNITY- BUILD 24 UNITS! PLANS APPROVED AND PERMITS PULLED (EXPIRED LAST YEAR). An incredible opportunity to own, enjoy, or redevelop in one of San Diego’s most desirable neighborhoods.

Mortgage Calculator

Est. Monthly Payment

$10,697

Principal & Interest$8,520
Property Tax$1,685
Insurance$491
%($337,000)
%

Investment Score

0D
Est. Monthly Rent

Market Rent Estimate

$4,392
Monthly Cashflow

Rent − PITI − HOA

$-6,304
Full Cashflow

Incl. vacancy, PM, maint, capex

$-8,719

Mortgage (P+I)
$8,520
Cap Rate
-0.14%
Cash-on-Cash
-22.45%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.52
Break-even Rent
$10,696

NOI (Annual)
$-2,380
Price-to-Rent

Lower = better for investors

32.0

* Defaults: 20% down, 6.5% rate, 30yr.

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