3620 Park Boulevard

3620 Park Boulevard

D

San Diego, CA 92103

$489,000

Beds

1

Baths

1

Sqft

525

Year Built

1939

Days on Market

18

Property Type

Condo

HOA/mo

$317

MLS ID

NDP2601444

Description

Welcome to 3620 Park Boulevard #8, a rare 1939-built 1-bedroom, 1-bath residence offering authentic architectural character in one of San Diego’s most walkable neighborhoods. Original hardwood floors, original crown molding, and distinctive Art Deco curved walls preserve the home’s historic charm, while custom wall panel molding and a decorative ceiling medallion thoughtfully enhance the space. Large windows fill the approximately 525-square-foot interior with natural light and frame palm-lined views. The efficient layout includes a well-appointed kitchen, walk-in closet, smart storage throughout, and an original built-in pull-down ironing board. The home is also equipped with Kasa smart bulbs, allowing for voice-controlled lighting with dimming and customizable color settings. Ideally located within walking distance to Hillcrest, North Park, Balboa Park, the San Diego Zoo, and some of the best coffee shops and restaurants in San Diego, with quick freeway access and just minutes to beaches and downtown, this home offers rare character and central convenience in a highly desirable location. Community amenities include on-site laundry and a low $317/month HOA.

Mortgage Calculator

Est. Monthly Payment

$3,421

Principal & Interest$2,473
Property Tax$489
Insurance$143
HOA$317
%($97,800)
%

Investment Score

5D
Est. Monthly Rent

Market Rent Estimate

$2,213
Monthly Cashflow

Rent − PITI − HOA

$-1,209
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,125

Mortgage (P+I)
$2,473
Cap Rate
0.85%
Cash-on-Cash
-14.83%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.89
Break-even Rent
$3,422

NOI (Annual)
$4,170
Price-to-Rent

Lower = better for investors

18.4

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

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