3029 Broadway

3029 Broadway

D

San Diego, CA 92102

$380,000

Beds

2

Baths

1

Sqft

484

Year Built

1981

Days on Market

27

Property Type

Condo

HOA/mo

$216

MLS ID

260004511SD

Description

Live the downtown lifestyle without the downtown price tag or sky high HOA fees! With HOA dues of just $216 per month, this 1st floor, end unit, 2 bed home offers outstanding value in a prime central location. Just minutes from the vibrant Gaslamp Quarter & trendy South Park, you are close to an incredible selection of pubs, restaurants, coffee shops, nightlife & entertainment & Petco Park. Located in gated community, this residence offers both privacy and convenience. Inside, you will find stylish laminate flooring & a functional layout designed for comfortable everyday living. Step outside to a spacious enclosed patio with storage that is perfect for relaxing, entertaining, or allowing your pets to roam safely. Includes 1 assigned parking space, plenty of street parking for guests & quick access to the freeway for easy commuting.

Mortgage Calculator

Est. Monthly Payment

$2,628

Principal & Interest$1,921
Property Tax$380
Insurance$111
HOA$216
%($76,000)
%

Investment Score

35D
Est. Monthly Rent
$2,389
Monthly Cashflow

Rent − PITI − HOA

$-239
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,106

Mortgage (P+I)
$1,921
Cap Rate
2.58%
Cash-on-Cash
-3.78%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.91
Break-even Rent
$2,628

NOI (Annual)
$9,790
Price-to-Rent

Lower = better for investors

13.3

* 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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