1261 34th St #28
Ctop 80%San Diego, CA 92102
64 licensed short-term rentals within ½ mile (43 whole home), from the cities' license and permit lists of Nov 7, 2026.
No unit in this 38-unit complex holds a short-term rental license, so nothing shows its HOA allows them. Get the CC&Rs before counting on short-term income.
Pass at asking: -$3,787/mo full cashflow at 20% down, 7.43% rate.
Works at $235,968 (68% under asking), or at 95% down.
Rent $3,101/mo from 10 leases of 2-bed condos & townhomes within 1 mi ($3,106–$3,559).
Beds
2
Baths
2.5
Sqft
1,214
Year Built
1982
Days on Market
294
Property Type
Condo
HOA/mo
$575.26
MLS ID
260001336SD
This property is in San Diego (92102). View neighborhood stats →
About This Property
A fresh look and a new reason to explore Hillside Villas! With community exterior renovations now complete, this home deserves another look. Nestled in a residential community, it combines neighborhood appeal with convenient access to Downtown San Diego and destinations throughout the county. Two spacious primary suites, each with its own full bathroom, provide privacy for roommates, household members, or overnight guests. A downstairs half bath adds convenience when entertaining. Fresh interior paint and newly replaced carpet create an inviting foundation for your personal style. Enjoy morning coffee, outdoor dining, or time with your four-legged companion in the private backyard. A direct-access two-car garage provides convenient parking and additional storage, while a new roof complements the community’s refreshed exterior. Convenient freeway access connects you to major military bases, Balboa Park, the San Diego Zoo, Downtown dining and entertainment, and Coronado’s beaches. Space, privacy, and a refreshed community—discover the possibilities at Hillside Villas!
Mortgage Calculator
Est. Monthly Payment
$5,567
Location
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Zoned Schools
Elementary
Golden Hill K-8 · grades PK-8 · San Diego Unified
Middle
Roosevelt International Middle · grades 6-8 · San Diego Unified
High
San Diego High · grades 9-12 · San Diego Unified
The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.
Comparable Properties
5 comps foundThis Property
$3,101
Comp Average
$3,619
335 34th
2bd / 2ba · 912 sqft · Condo
$455K
Est. $2,825/mo
1003 30th St
2bd / 1.5ba · 1,195 sqft · Townhouse
$919K
Est. $5,900/mo
2950 Broadway
2bd / 2ba · 921 sqft · Condo
$499K
Est. $2,878/mo
1019 30th St
1bd / 1.5ba · 858 sqft · Townhouse
$675K
Est. $2,428/mo
1055 32nd St
3bd / 2.5ba · 1,506 sqft · Townhouse
$995K
Est. $4,066/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
10 leases of 2-bed condos & townhomes within 1 mi · $3,106–$3,559
Blended 50/50 with the zip's market median ($2,779)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$3,787/mo short at 20% down; 95% down or +$4,918/mo rent closes it.
- Break-even price
- $235,968
- Break-even rent
- $8,019/mo
- Cashflow at 35% down
- −$3,028/mo
- Down payment to break even
- 95%
- Rate to break even
- Not reachable
68% under asking
$4,918/mo above the estimate
$692,550 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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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