3631 Lemona
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3631 Lemona #C

B

San Diego, CA 92105

$477,500

Beds

2

Baths

1.5

Sqft

1,120

Year Built

1981

Days on Market

10

Property Type

Townhouse

HOA/mo

$350

MLS ID

260014413SD

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

About This Property

CLEANEST TOWNHOME ON THE MARKET!! - NO NEIGHBORS ABOVE OR BELOW. - Home has an Assumable VA LOAN with 5.75% interest rate. Low cash needed to cover the balance. - Two matching units just sold for 490k and 505k! This is a steal! - HOA covers water, sewer and trash. VA approved and move-in ready with a brand-new refrigerator, brand new washer and dryer and Wi-Fi flush-mount lights - clean, fresh, and perfect for first-time buyers or service members! - Just minutes from San Diego State University! Its a great starter home and INVESTMENT property for the future. - 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. - Air conditioners in both bedrooms keep them ice cold!

Mortgage Calculator

Est. Monthly Payment

$3,381

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

Location

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Investment Score

43C
Est. Monthly Rent
$2,379
Monthly Cashflow

Rent − PITIA

$-1,002
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,947

Mortgage (P+I)
$2,414
Cap Rate
1.17%
Cash-on-Cash
-24.47%
DSCR

Need ≥ 1.25 for DSCR loan

0.70
Break-even Rent
$4,908

NOI (Annual)
$5,609
Price-to-Rent

Lower = better for investors

16.7

* 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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