2940 Broadway

2940 Broadway #38

D

San Diego, CA 92102

$475,000
NEW — 3d on market

Soft Appraisal Value: $476,500 · 0.3% below estimate

Beds

2

Baths

1

Sqft

783

Year Built

1981

Days on Market

3

Property Type

Condo

HOA/mo

$635

MLS ID

260007067SD

Description

Excellent opportunity in Golden Hill for a primary residence, investment or second home in a prime central San Diego location! This beautifully maintained 2-bedroom, 1-bath unit offers a light and inviting interior with updated finishes throughout. The kitchen features granite countertops, ample cabinetry, and a convenient breakfast bar that opens to the living space—perfect for everyday living and entertaining. The remodeled bathroom showcases a modern walk-in shower with stylish tile, while both bedrooms offer comfortable space and generous natural light. Enjoy the convenience of a full-size washer and dryer in-unit, along with an assigned gated parking space. Step outside to your private balcony overlooking the community and take advantage of the well-kept amenities, including a refreshing pool—ideal for relaxing on warm San Diego days. Centrally located just minutes from Balboa Park, Gaslamp Quarter, North Park, and South Park, with easy access to shopping, dining, beaches, freeways, and public transportation. Turnkey and move-in ready—this is a fantastic opportunity to own in one of San Diego’s most connected and vibrant areas.

Mortgage Calculator

Est. Monthly Payment

$3,650

Principal & Interest$2,402
Property Tax$475
Insurance$139
HOA$635
%($95,000)
%

Investment Score

2D
Est. Monthly Rent
$2,532
Monthly Cashflow

Rent − PITI − HOA

$-1,119
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,097

Mortgage (P+I)
$2,402
Cap Rate
0.77%
Cash-on-Cash
-26.49%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.69
Break-even Rent
$5,255

NOI (Annual)
$3,658
Price-to-Rent

Lower = better for investors

15.6

* 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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