1001 32nd St #3
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1001 32nd St #3

Ctop 80%

San Diego, CA 92102

$599,900
STR: check · HOA rules unknown · TOT 12.75%

16 licensed short-term rentals within ½ mile (9 whole home), from the cities' license and permit lists of Nov 9, 2026.

HOA rules unknown: an HOA can ban stays under 30 days (Civ. Code §4741), and no permit on file shows this one allows them. Get the CC&Rs.

Pass at asking: -$3,275/mo full cashflow at 20% down, 7.43% rate.

Works at $173,426 (71% under asking), or at 99% down.

Rent $2,116/mo from 9 leases of studio–2 bed condos & townhomes within 1 mi ($2,209–$2,713).

Beds

1

Baths

1.5

Sqft

871

Year Built

2026

Days on Market

47

Property Type

Townhouse

HOA/mo

$296.92

MLS ID

260023360SD

This property is in San Diego (92102). View neighborhood stats →

About This Property

Welcome to Golden Ridge! A large, direct-access 1-car garage provides security while also offering additional space for storage. The 1-bedroom plus flex-space layout features 1.5 baths, open living space, and a private balcony. Enjoy modern finishes, low HOA dues, and a convenient small dog park. Close to neighborhood cafés, Balboa Park, and downtown San Diego. See supplement for more. Owned solar is included! Looking for a 1-bedroom home without giving up a garage? This new Golden Ridge townhome offers a large, direct-access 1-car garage with room to make everyday parking and storage easier. Upstairs, the open living area extends to a private balcony, while a separate flex space gives you room to work from home, exercise, or pursue a hobby. The three-level floor plan includes 1 bedroom, 1.5 baths, designer-selected finishes, an upgraded appliance package, and energy-efficient features, including solar. Set in Golden Hill, Golden Ridge puts local cafés, Balboa Park, downtown, and major freeways close to home. It is a practical way to enjoy new construction in one of San Diego’s most connected neighborhoods.

Mortgage Calculator

Est. Monthly Payment

$4,404

Principal & Interest$3,333
Property Tax$600
Insurance$175
HOA$297
%($119,980)
%
Loan Term

Location

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Investment Score

21C
Est. Monthly Rent
$2,116

9 leases of studio–2 bed condos & townhomes within 1 mi · $2,209–$2,713

Blended 50/50 with the zip's market median ($1,978)

Monthly Cashflow

Rent − PITIA

-$2,289
Full Cashflow

Incl. vacancy, PM, maint, capex

-$3,275

What would make this work?

$3,275/mo short at 20% down; 99% down or +$4,253/mo rent closes it.

Break-even price

71% under asking

$173,426
Break-even rent

$4,253/mo above the estimate

$6,369/mo
Cashflow at 35% down
−$2,650/mo
Down payment to break even

$593,901 cash

99%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$3,333
Cap Rate
0.33%
Cash-on-Cash
-32.76%
DSCR

Need ≥ 1.25 for DSCR loan

0.48

NOI (Annual)
$1,961
Price-to-Rent

Lower = better for investors

23.6

* 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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CCashflow−$3,275/mo