3635 7th Ave San Diego

3635 7th Ave San Diego

D

, CA 92103

$815,000

Beds

2

Baths

2

Sqft

1,218

Year Built

1976

Days on Market

103

Property Type

Condo

HOA/mo

$984.17

MLS ID

250044378SD

Description

This beautiful, light-filled corner residence offers over 1,200 sq. ft. of spacious living with unbeatable walkability score to Hillcrest and Balboa Park. Step inside to discover elegant charcoal-gray tile flooring and an updated kitchen featuring stainless steel appliances, sleek cabinetry, and modern finishes that elevate the entire space. The open-concept layout provides both functionality and flexibility, making it easy to customize the home to your style. One of the standout features of Unit 2D is the expansive wrap-around patio—exclusive to only a select few corner units in Coral Tree Plaza—perfect for effortless indoor/outdoor living. The primary suite is a true retreat, complete with a dedicated work area, custom closet build-outs, ample cubbies, and a generous bath with double vanities and a luxurious soaking tub. Additional highlights include full-size stackable laundry and updated mechanical systems, making this an ideal choice for even the most discerning buyer. Coral Tree Plaza offers a vibrant and amenity-rich lifestyle, including a heated pool, spa, tennis court, fitness center, clubhouse with pool table and kitchen, bike lockers, car wash area, and guest parking. The HOA is exceptionally well-maintained with full-time on-site management, maintenance, and cleaning staff—ensuring the community is always pristine. Best of all is the neighborhood, filled with award winning restaurants and fun nightlife yet close to downtown, the beach and easy freeway access. There are 3 guests suites available for nightly lease for a nominal fee for residents guests.

Mortgage Calculator

Est. Monthly Payment

$6,158

Principal & Interest$4,121
Property Tax$815
Insurance$238
HOA$984
%($163,000)
%

Investment Score

10D
Est. Monthly Rent

Market Rent Estimate

$4,901
Monthly Cashflow

Rent − PITI − HOA

$-1,257
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,064

Mortgage (P+I)
$4,121
Cap Rate
1.56%
Cash-on-Cash
-9.26%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

1.19
Break-even Rent
$6,158

NOI (Annual)
$12,689
Price-to-Rent

Lower = better for investors

13.9

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

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