3454 Castle Glen Dr.
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3454 Castle Glen Dr. #151

B

San Diego, CA 92123

$475,000
NEW — 2d

Beds

2

Baths

1.5

Sqft

885

Year Built

1974

Days on Market

2

Property Type

Townhouse

HOA/mo

$536

MLS ID

260016400SD

This property is in San Diego (92123). View neighborhood stats →

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About This Property

Best location in the Allure Community! Ideally situated directly across from the Serra Mesa Recreation Center and Community Park, this beautifully updated VA & FHA-approved condo offers one of the quietest locations in the complex with peaceful park and greenbelt views. This move-in-ready two-story home features 2 bedrooms, 1.5 bathrooms, and approximately 885 square feet with a functional floor plan that includes a large storage area under the stairs. Recent upgrades include .... See Supplement new luxury vinyl plank flooring downstairs, new carpet upstairs, fresh interior paint, newly installed dual-pane windows and a new sliding glass door. Ceiling fans complement the breeze coming from the canyon below, while a ductless mini split system in both bedrooms and the downstairs living room provides added cooling comfort on warmer days and heating when needed. Additional features include granite countertops, modern cabinetry, plus a brand-new dishwasher. The main bedroom upstairs features a vaulted ceiling, creating a bright and spacious feeling. Located on a quiet and private stretch of the community, you'll enjoy stunning views of the park from your private patio and bedroom windows. The resort-style Allure community offers two pools, a hot tub, a fitness center, clubhouse, BBQ areas, multiple laundry rooms, and lush greenbelts. HOA dues include hot & cold water, trash service, and the sale includes a deeded covered parking space. Conveniently located in the heart of Serra Mesa, you're just minutes from Mission Valley, Convoy Street dining, shopping, hospitals, Snapdragon Stadium, major universities, and easy access to I-15, I-805, I-163, I-8, and SR-52. One of the best-priced 2-bedroom two-story homes in the area—don't miss this exceptional opportunity!

Mortgage Calculator

Est. Monthly Payment

$3,551

Principal & Interest$2,402
Property Tax$475
Insurance$139
HOA$536
%($95,000)
%

Location

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Investment Score

44C
Est. Monthly Rent
$2,639
Monthly Cashflow

Rent − PITIA

$-913
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,916

Mortgage (P+I)
$2,402
Cap Rate
1.23%
Cash-on-Cash
-24.20%
DSCR

Need ≥ 1.25 for DSCR loan

0.74
Break-even Rent
$5,127

NOI (Annual)
$5,834
Price-to-Rent

Lower = better for investors

15.0

* 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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