3440 Lebon Dr University City

3440 Lebon Dr University City

D

, CA 92122

$479,000

Beds

1

Baths

1

Sqft

535

Year Built

2006

Days on Market

12

Property Type

Condo

HOA/mo

$352

MLS ID

NDP2601622

Description

CALLING ALL INVESTORS! Rent $2500+/month. Move-in ready UTC condo—ideal for UCSD students, investors, or an end user seeking a prime location at an accessible price point. This renovated 1-bedroom, 1-bath residence is centrally located in the heart of University Town Center and is truly turnkey. Recent upgrades include fresh interior paint, new luxury vinyl plank flooring, and bright recessed lighting throughout. The kitchen has been fully updated with stainless steel appliances, new quartz countertops, and modern fixtures, and opens seamlessly to the living and dining areas, complete with a convenient sitting counter and courtyard views throughout the unit. An in-unit washer and dryer adds everyday convenience. The home features a private patio with additional storage overlooking a peaceful, landscaped courtyard. Located on the second floor of a three-story building, the unit enjoys a comfortable interior climate. Additional highlights include a secure, gated garage with assigned parking and easy access to the unit. Residents enjoy proximity to greenbelts, and parks, as well as walkable access to UTC shopping, dining, and entertainment. Easy access to the trolley and shuttle and close proximity to UCSD make this location especially desirable and eliminates the need for a car. Community amenities include a fitness center, pool and spa, on-site maintenance, and office space.

Mortgage Calculator

Est. Monthly Payment

$3,393

Principal & Interest$2,422
Property Tax$479
Insurance$140
HOA$352
%($95,800)
%

Investment Score

41D
Est. Monthly Rent

Market Rent Estimate

$3,311
Monthly Cashflow

Rent − PITI − HOA

$-82
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,243

Mortgage (P+I)
$2,422
Cap Rate
2.95%
Cash-on-Cash
-1.03%
DSCR
1.37
Break-even Rent
$3,393

NOI (Annual)
$14,152
Price-to-Rent

Lower = better for investors

12.1

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

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