1001 32nd St #4
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1001 32nd St #4

Ctop 80%

San Diego, CA 92102

$999,900
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: -$5,016/mo full cashflow at 20% down, 7.43% rate.

Works at $346,851 (65% under asking), or at 93% down.

Rent $3,908/mo from 41 leases of 2–4 bed condos & townhomes within 2 mi ($3,444–$4,359).

Beds

3

Baths

2.5

Sqft

1,527

Year Built

2026

Days on Market

47

Property Type

Townhouse

HOA/mo

$345.36

MLS ID

260023363SD

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

About This Property

New construction in Golden Hill with room to spread out. This 3-bedroom, 2.5-bath Golden Ridge townhome features open living areas, a private balcony, modern finishes, and a large, direct-access 2-car garage. The community also has a small dog park. Enjoy owned solar and low-maintenance living close to Balboa Park, downtown, and Golden Hill’s local cafés. Find your space in Golden Hill at Golden Ridge, a collection of new townhomes designed for the way you live today. This 3-bedroom, 2.5-bath home offers an open main living area with space to gather, a private balcony for fresh air, and thoughtfully selected finishes throughout. The three-level layout gives the bedrooms separation from the living space, with the flexibility to use one as an office or guest room. A large, direct-access 2-car garage adds everyday convenience, and the community’s small dog park gives four-legged neighbors a place to get outside. Golden Ridge also features an upgraded appliance package and energy-efficient features, including solar. From here, Golden Hill’s cafés, Balboa Park, downtown San Diego, and major freeways are all close by.

Mortgage Calculator

Est. Monthly Payment

$7,192

Principal & Interest$5,555
Property Tax$1,000
Insurance$292
HOA$345
%($199,980)
%
Loan Term

Location

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Investment Score

9C
Est. Monthly Rent
$3,908

41 leases of 2–4 bed condos & townhomes within 2 mi · $3,444–$4,359

Blended 50/50 with the zip's market median ($3,947)

Monthly Cashflow

Rent − PITIA

-$3,284
Full Cashflow

Incl. vacancy, PM, maint, capex

-$5,016

What would make this work?

$5,016/mo short at 20% down; 93% down or +$6,515/mo rent closes it.

Break-even price

65% under asking

$346,851
Break-even rent

$6,515/mo above the estimate

$10,423/mo
Cashflow at 35% down
−$3,975/mo
Down payment to break even

$929,907 cash

93%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$5,555
Cap Rate
0.88%
Cash-on-Cash
-30.10%
DSCR

Need ≥ 1.25 for DSCR loan

0.54

NOI (Annual)
$8,809
Price-to-Rent

Lower = better for investors

21.3

* 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−$5,016/mo