2828 University Ave
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2828 University Ave #Unit 307

C

San Diego, CA 92104

$499,900
NEW — 1d

Soft Appraisal Value: $496,800 · 0.6% above estimate

Beds

2

Baths

1

Sqft

780

Year Built

1997

Days on Market

1

Property Type

Condo

HOA/mo

$680

MLS ID

260013584SD

This property is in San Diego (92104). View neighborhood stats →

About This Property

PRIME LOCATION in the heart of North Park at University Ave and Utah St! This charming 3rd-floor 2-bedroom, 1-bath condo places you steps from some of San Diego's best restaurants, trendy bars, local coffee shops, boutiques, salons, and the vibrant North Park Farmers Market. Enjoy the energy of one of the city's most sought-after neighborhoods, with Hillcrest just a short drive away. This desirable corner unit features vinyl flooring throughout, tile flooring in the kitchen, ample counter space, and a spacious storage closet with built-in shelving. Large windows throughout the home fill the space with abundant natural light, while ceiling fans provide added comfort. The updated bathroom vanity adds a modern touch, and the concrete building construction helps minimize noise from neighboring units. A rare find in North Park, this unit includes two tandem parking spaces in the garage. Experience the perfect blend of convenience, walkability, and urban living right outside your front door.

Mortgage Calculator

Est. Monthly Payment

$3,853

Principal & Interest$2,528
Property Tax$500
Insurance$146
HOA$680
%($99,980)
%

Location

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Investment Score

40C
Est. Monthly Rent
$2,833
Monthly Cashflow

Rent − PITIA

$-1,021
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,089

Mortgage (P+I)
$2,528
Cap Rate
1.05%
Cash-on-Cash
-25.07%
DSCR

Need ≥ 1.25 for DSCR loan

0.74
Break-even Rent
$5,546

NOI (Annual)
$5,267
Price-to-Rent

Lower = better for investors

14.7

* 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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