2420 Community
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2420 Community #44

D

San Diego, CA 92108

$1,549,000
NEW — 0d

Soft Appraisal Value: $1,509,500 · 2.6% above estimate

Beds

3

Baths

2.5

Sqft

2,021

Year Built

2020

Days on Market

0

Property Type

Condo

HOA/mo

$740

MLS ID

260012981SD

This property is in San Diego (92108). View neighborhood stats →

About This Property

Located within Civita’s sought after Elevate neighborhood, 2420 Community Lane #44 is a rare penthouse residence offering privacy, natural light, and one of the most functional layouts in the community. This move in ready 3 bedroom, 2.5 bathroom home offers approximately 2,021 sq. ft. of thoughtfully designed living space with fresh interior paint, soaring 20 foot ceilings, and expansive windows that bring in abundant natural light while framing mountain views in the distance. A standout feature of this penthouse is that most of the living is located on the main floor, including the kitchen, living and dining areas, all three bedrooms, and a private patio, creating a layout that feels similar to single level living while still offering the flexibility of an upper loft. Upstairs, the spacious loft opens to an oversized private patio, the largest built in Elevate, offering exceptional space for entertaining or relaxing. The oversized attached two car garage includes built in storage racks for added convenience. Residents of Elevate enjoy direct access to Civita Park along with close proximity to the Civita Recreation Center featuring resort style pools, a fitness center, outdoor lounge areas, and community gathering spaces. Civita also offers walking trails, playgrounds, basketball courts, and nearby access to the future shops and dining at The Row including Jimbo’s, all in the heart of Mission Valley. Elevate is one of Civita’s most desirable neighborhoods, known for its modern architecture, spacious floorplans, and convenient central location. Residents enjoy direct access to Civita Park along with close proximity to the Civita Recreation Center featuring resort style pools, a state of the art fitness center, outdoor lounge areas, and community gathering spaces. Civita also offers walking trails, playgrounds, basketball courts, and beautifully maintained open green space throughout the neighborhood. Located near the future shops and dining at The Row, including Jimbo’s, Elevate offers a low maintenance lifestyle in the heart of one of Mission Valley’s most vibrant master planned communities.

Mortgage Calculator

Est. Monthly Payment

$10,573

Principal & Interest$7,833
Property Tax$1,549
Insurance$452
HOA$740
%($309,800)
%

Location

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Investment Score

0D
Est. Monthly Rent
$5,253
Monthly Cashflow

Rent − PITIA

$-5,321
Full Cashflow

Incl. vacancy, PM, maint, capex

$-7,820

Mortgage (P+I)
$7,833
Cap Rate
0.01%
Cash-on-Cash
-30.29%
DSCR

Need ≥ 1.25 for DSCR loan

0.50
Break-even Rent
$15,408

NOI (Annual)
$156
Price-to-Rent

Lower = better for investors

24.6

* 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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