3431 Park Blvd San Diego

3431 Park Blvd San Diego

D

, CA 92103

$595,000

Beds

2

Baths

2

Sqft

953

Year Built

1970

Days on Market

49

Property Type

Condo

HOA/mo

$631.58

MLS ID

2600932SD

Description

Most affordable 2 bedroom Condo on the Park! Park living at an affordable price. This home offers a generous floor plan, dual balconies off the living room and primary bedroom, and resort-style living with a pool just below your unit. Both bathrooms feature receptacles for smart toilets. Each bedroom has a full on suite bath for split master bedroom configuration. Two parking spaces and a private storage closet are included in the gated garage. This desirable location is within a stones throw to Balboa Park, the San Diego Zoo, and a variety of local shops and restaurants! Come see all this home has to offer! This unit is in the building to the left as you walk up the walkway. Use intercom and enter code 6382 to access the building. My sentrilock box in the stairway, 1st door on left as you enter lobby. NOTE: Parking space is #23, Extra parking in the alley with parking pass. Storage cabinet is #10. SHOW the pool, it's very nice! Community laundry is in the garage ( elevator control room )

Mortgage Calculator

Est. Monthly Payment

$4,409

Principal & Interest$3,009
Property Tax$595
Insurance$174
HOA$632
%($119,000)
%

Investment Score

6D
Est. Monthly Rent

Market Rent Estimate

$3,078
Monthly Cashflow

Rent − PITI − HOA

$-1,331
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,535

Mortgage (P+I)
$3,009
Cap Rate
0.96%
Cash-on-Cash
-13.42%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

1.02
Break-even Rent
$4,409

NOI (Annual)
$5,684
Price-to-Rent

Lower = better for investors

16.1

* Defaults: 20% down, 6.5% rate, 30yr.

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