3631 Lemona

3631 Lemona

D

San Diego, CA 92105

$480,000

Soft Appraisal Value: $480,500 · 0.1% below estimate

Beds

2

Baths

1.5

Sqft

1,120

Year Built

1981

Days on Market

10

Property Type

Condo

HOA/mo

$350

MLS ID

260006312SD

View on MLS

Description

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

$3,397

Principal & Interest$2,427
Property Tax$480
Insurance$140
HOA$350
%($96,000)
%

Investment Score

4D
Est. Monthly Rent
$2,554
Monthly Cashflow

Rent − PITI − HOA

$-843
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,831

Mortgage (P+I)
$2,427
Cap Rate
1.49%
Cash-on-Cash
-22.88%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.75
Break-even Rent
$4,931

NOI (Annual)
$7,159
Price-to-Rent

Lower = better for investors

15.7

* 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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