3631 Lemona
1 / 20

3631 Lemona #C

B

San Diego, CA 92105

$477,500

Soft Appraisal Value: $488,800 · 2.3% below estimate

Beds

2

Baths

1.5

Sqft

1,120

Year Built

1981

Days on Market

54

Property Type

Condo

HOA/mo

$350

MLS ID

260006312SD

This property is in San Diego (92105). View neighborhood stats →

Virtual Tour

About This Property

ASSUMABLE VA LOAN!! MOTIVATED SELLER. Modern comfort meets prime location just minutes from San Diego State University! Nestled on a quiet street near the end of the neighborhood, this beautifully upgraded townhome offers peace and convenience in the heart of San Diego—close to shopping, dining, and everything you need. Part of a small, well-kept complex with only four units per building, this home includes a secure gated garage space directly beneath the unit plus plenty of street parking. Inside, enjoy brand new dual-pane vinyl windows, luxury vinyl plank flooring throughout, and tile in both bathrooms. The remodeled kitchen and baths feature sleek quartz countertops, and the downstairs half bath includes an in-unit stacked laundry set. A private patio off the kitchen provides the perfect outdoor retreat. Upstairs, both spacious bedrooms sit on opposite ends for privacy, joined by a full Jack-and-Jill bath with a separate toilet room. The primary suite boasts a custom built-in closet system, and both bedrooms include ceiling fans. HOA covers water, sewer, trash, exterior maintenance, and the roof for just $350/month. VA/FHA approved and move-in ready with a brand-new refrigerator and Wi-Fi flush-mount lights—clean, fresh, and perfect for first-time buyers or service members!

Mortgage Calculator

Est. Monthly Payment

$3,381

Principal & Interest$2,414
Property Tax$478
Insurance$139
HOA$350
%($95,500)
%

Location

Loading map...

Investment Score

51B
Est. Monthly Rent
$2,642
Monthly Cashflow

Rent − PITIA

$-739
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,745

Mortgage (P+I)
$2,414
Cap Rate
1.68%
Cash-on-Cash
-21.92%
DSCR

Need ≥ 1.25 for DSCR loan

0.78
Break-even Rent
$4,908

NOI (Annual)
$8,039
Price-to-Rent

Lower = better for investors

15.1

* 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.

Get Expert AnalysisOpen Full Calculator