Listed by: Maritza Murray, LPT Realty,Inc
$820,000
●
House -
Off Market
930 Merlin
San Diego, CA 92114
3 Beds
3 Baths
1,443 Ft²
$3,924
Est. Monthly
About This Property
Charming 3-Bedroom Home with fully permitted ADU in Enchanting
Encanto! Welcome to your dream property in the heart of San Diego!
This fully remodeled 3-bedroom, 2-bath home perfectly blends modern
comfort with timeless appeal Key Features: • Fully Permitted
ADU: Approved plans and permits from the City of San Diego make
this versatile unit perfect for multi-generational living or
generating rental income. • Open-Concept Living: Enjoy a spacious,
light-filled layout, ideal for entertaining and everyday living. •
Canyon Views: Stunning natural vistas create a peaceful and serene
backdrop. • Chef's Kitchen: Brand-new kitchen with top-of-the-line
stainless steel appliances, perfect for culinary enthusiasts. •
Prime Location: Close to excellent schools, parks, public
transportation, and with quick freeway access to San Diego's top
attractions. This home offers style, functionality, and an
unbeatable location! Whether you're starting a new chapter or
expanding your opportunities, this property is truly one-of-a-kind.
Schedule your tour today and discover the charm of Encanto
for yourself!
Unit Size
1,443 Ft²
Days on Market
33 days
Land Size
-
Price per sqft
$554
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1953
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (CRMLS #250000770SD)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 10, 2025 | Sold | ||
| Sold | |||
| Jan 9, 2025 | Listed by LPT Realty,Inc | $799,000 | |
| Listed by LPT Realty,Inc | |||
Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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HOA + Taxes
About Southeastern San Diego
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Listed by: Maritza Murray, LPT Realty,Inc
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 250000770SD
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 250000770SD
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