9452 Larrabee Avenue
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9452 Larrabee Avenue

D

San Diego, CA 92123

$1,099,999

Soft Appraisal Value: $1,095,500 · 0.4% above estimate

Beds

4

Baths

3

Sqft

1,700

Year Built

1960

Days on Market

90

Property Type

Single Family

HOA/mo

N/A

MLS ID

PTP2600336

This property is in San Diego (92123). View neighborhood stats →

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About This Property

Turnkey income-producing investment opportunity in central San Diego generating strong and stable rental income. The property is currently operating as a long-term rental, producing approximately $6,800 per month in net income. This fully furnished home features a spacious layout with 4 bedrooms and 3 bathrooms, a private pool, and a desirable location close to major freeways, shopping, dining, and employment centers. Being offered fully furnished, the property allows the next owner to continue operating immediately with minimal transition, making it an ideal turnkey investment. With proven rental performance and strong monthly income already in place, this property presents an excellent opportunity for investors seeking immediate cash flow in high-demand San Diego rental market while also benefiting from long-term appreciation potential. All current tenants want to stay.

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Est. Monthly Payment

$6,983

Principal & Interest$5,562
Property Tax$1,100
Insurance$321
%($220,000)
%

Location

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Investment Score

6D
Est. Monthly Rent
$5,309
Monthly Cashflow

Rent − PITIA

$-1,674
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,812

Mortgage (P+I)
$5,562
Cap Rate
1.91%
Cash-on-Cash
-20.79%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.76
Break-even Rent
$10,260

NOI (Annual)
$21,003
Price-to-Rent

Lower = better for investors

17.3

* 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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