3450 2nd Ave
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3450 2nd Ave #14

C

San Diego, CA 92103

$715,000

Soft Appraisal Value: $703,300 · 1.7% above estimate

Beds

2

Baths

2

Sqft

1,048

Year Built

1970

Days on Market

92

Property Type

Condo

HOA/mo

$670

MLS ID

260009084SD

This property is in San Diego (92103). View neighborhood stats →

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About This Property

Quiet unit with a Chef's Dream Kitchen just 4 blocks away from Balboa Park. Bright, Open Floor Plan, 2 Full Bathrooms, Gated Garage Parking, Central A/C, Stainless Steel Appliances, Abundant Cabinets in Kitchen, Recessed Dimmable Lighting, & Remodeled Bathroom. This unit is perfect for entertaining with a large kitchen island, open to the living room and patio, a walk in closet and free use of in-building guest room next to the unit. Great Investment Opportunity in the popular Bankers Hill neighborhood.

Mortgage Calculator

Est. Monthly Payment

$5,209

Principal & Interest$3,615
Property Tax$715
Insurance$209
HOA$670
%($143,000)
%

Location

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Investment Score

24D
Est. Monthly Rent
$3,354
Monthly Cashflow

Rent − PITIA

$-1,855
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,223

Mortgage (P+I)
$3,615
Cap Rate
0.66%
Cash-on-Cash
-27.04%
DSCR

Need ≥ 1.25 for DSCR loan

0.64
Break-even Rent
$7,539

NOI (Annual)
$4,713
Price-to-Rent

Lower = better for investors

17.8

* 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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