3450 3rd Avenue
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3450 3rd Avenue #302

D

San Diego, CA 92103

$756,000
NEW — 0d

Beds

2

Baths

2

Sqft

1,171

Year Built

1990

Days on Market

0

Property Type

Condo

HOA/mo

$924

MLS ID

PTP2603127

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

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About This Property

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 upgraded kitchen features quartz countertops, stainless steel appliances and a breakfast bar. The large living room has a fireplace and opens to a balcony with additional storage. 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. A hallway closet has side by side washer & dryer with storage above and there is yet another linen closet. Building amenities include an elevator, pool and hot tub, community bike storage and another community storage in the garage. 2 reserved tandem parking spots come with this unit. This is a must see property in a wonderful and walkable neighborhood!

Mortgage Calculator

Est. Monthly Payment

$5,723

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

Location

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Investment Score

14D
Est. Monthly Rent
$3,376
Monthly Cashflow

Rent − PITIA

$-2,347
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,753

Mortgage (P+I)
$3,823
Cap Rate
0.11%
Cash-on-Cash
-29.79%
DSCR

Need ≥ 1.25 for DSCR loan

0.59
Break-even Rent
$8,250

NOI (Annual)
$834
Price-to-Rent

Lower = better for investors

18.7

* 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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