3533 3rd Ave
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3533 3rd Ave

C

San Diego, CA 92103

$1,599,000
NEW — 3d

Soft Appraisal Value: $1,562,100 · 2.4% above estimate

Beds

3

Baths

3.5

Sqft

2,257

Year Built

2018

Days on Market

3

Property Type

Townhouse

HOA/mo

$561

MLS ID

260014921SD

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

About This Property

Modern luxury meets everyday livability in this 3-bed, 3.5-bath, 2,257 sq ft residence, perfectly placed on a tranquil, tree-lined street in the heart of Bankers Hill—one of San Diego’s most vibrant and sought-after neighborhoods. This contemporary multi-level home lives like a sleek urban townhome, blending upscale design, lock-and-leave convenience, and an effortless indoor/outdoor lifestyle just minutes from Balboa Park, Hillcrest, Downtown, and the bay. Located on the second floor, the chef-inspired kitchen features high-end stainless steel appliances, an oversized island, Lutron lighting, and elegant finishes, creating the perfect hub for cooking, entertaining, and casual everyday living. The kitchen flows seamlessly into the open living room, powder room, and balcony, while newer flooring, oversized windows, and abundant natural light enhance the home’s warm, modern aesthetic. A disappearing living room slider opens fully into the wall, transforming the balcony and great room into a single indoor/outdoor space ideal for morning coffee, evening cocktails, or catching the coastal breeze. The 3rd level offers two generous bedrooms, each with a walk-in closet and its own en-suite bathroom, plus excellent hallway storage—perfect for guests, family, or a dedicated home office. The entire 4th floor is a true primary sanctuary, featuring his-and-hers closets, a dedicated vanity area, a spacious spa-like bathroom, and a private balcony with city views. Everyday conveniences include in-unit laundry, central A/C & heat, and a direct-access private two-car garage w/ EV Charging. This property delivers a rare blend of style, comfort, and practicality in one of San Diego’s most desirable urban neighborhoods. Properties like these just don't come up very often.

Mortgage Calculator

Est. Monthly Payment

$10,712

Principal & Interest$8,085
Property Tax$1,599
Insurance$466
HOA$561
%($319,800)
%

Location

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Investment Score

15D
Est. Monthly Rent
$7,559
Monthly Cashflow

Rent − PITIA

$-3,152
Full Cashflow

Incl. vacancy, PM, maint, capex

$-6,223

Mortgage (P+I)
$8,085
Cap Rate
1.40%
Cash-on-Cash
-23.35%
DSCR

Need ≥ 1.25 for DSCR loan

0.71
Break-even Rent
$15,641

NOI (Annual)
$22,343
Price-to-Rent

Lower = better for investors

17.6

* 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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