3450 3rd Avenue

3450 3rd Avenue

D

San Diego, CA 92103

$756,000
NEW — 0d on market

Beds

2

Baths

2

Sqft

1,171

Year Built

1990

Days on Market

0

Property Type

Condo

HOA/mo

$924

MLS ID

PTP2601588

Description

Looking for an urban oasis? Le Parc Chateau sits in a highly desirable area conveniently located near Balboa park, Bankers Hill and Hillcrest. This 2 bedroom 2 bath, 1,171 square foot home has high ceilings throughout which provide an open feeling and lots of light. The open and upgraded kitchen features a breakfast bar, quartz countertops and stainless steel appliances. The large living room has a fireplace and opens to balcony with outdoor furniture. The dining room is open to both the kitchen and living rooms making for a great room feel. The bedrooms are separated by the living space and both have 2 closets and their own full size bathrooms. There is a full size washer & dryer closet in the unit with ample storage above. There is a linen closet outside one of the bedrooms and a tall storage closet on the balcony. Building amenities include an elevator, pool and hot tub, a community bike storage and another community storage room in the garage. 2 reserved tandem parking spots come with this unit. This is a must see property!

Mortgage Calculator

Est. Monthly Payment

$5,723

Principal & Interest$3,823
Property Tax$756
Insurance$220
HOA$924
%($151,200)
%

Investment Score

0D
Est. Monthly Rent

Estimated Rent

$3,061
Monthly Cashflow

Rent − PITI − HOA

$-2,662
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,996

Mortgage (P+I)
$3,823
Cap Rate
-0.27%
Cash-on-Cash
-21.12%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.80
Break-even Rent
$5,723

NOI (Annual)
$-2,076
Price-to-Rent

Lower = better for investors

20.6

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

Get Expert AnalysisOpen Full Calculator