3635 7th Avenue #2C
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3635 7th Avenue #2C

Ctop 80%

San Diego, CA 92103

$675,000
NEW — 0d
STR: check · no permits in this complex · TOT 12.75%

109 licensed short-term rentals within ½ mile (76 whole home), from the cities' license and permit lists of Nov 11, 2026.

No unit in this 64-unit complex holds a short-term rental license, so nothing shows its HOA allows them. Get the CC&Rs before counting on short-term income.

Pass at asking: -$3,463/mo full cashflow at 20% down, 7.43% rate.

Works at $224,154 (67% under asking), or at 94% down.

Rent $3,475/mo from 12 leases of 2-bed condos & townhomes within 0.5 mi ($3,240–$4,010).

Beds

2

Baths

2

Sqft

1,056

Year Built

1976

Days on Market

0

Property Type

Condo

HOA/mo

$954.53

MLS ID

260026757SD

This property is in San Diego (92103). View neighborhood stats →

Virtual Tour

About This Property

Two private terraces, leafy surroundings and Hillcrest at your doorstep. This second floor Coral Tree Plaza residence pairs inviting outdoor spaces with the convenience of neighborhood living. Open the living room to a terrace overlooking a peaceful greenbelt, or gather for morning coffee and dinner under the stars on the oversized terrace off the guest bedroom. Inside, the open living and dining areas flow into an updated kitchen with granite counters, rich cherry cabinetry, a stainless appliances and a breakfast bar that keeps conversation flowing. The primary suite offers a walk-in closet, dual sinks and a tiled walk-in shower, while the guest bedroom features its own walk-in closet and direct access to the larger terrace. Tile flooring, recessed lighting, abundant storage and a stacked washer and dryer add everyday comfort. Lovely canyon views and glimpses of the downtown skyline bring a sense of connection to the surrounding city. With Hillcrest’s restaurants and shops nearby and Balboa Park within strolling distance, this is a home that invites you to get out and explore, then return to an outdoor retreat of your own. Positioned as a premier residential destination in Hillcrest, Coral Tree Plaza exemplifies urban sophistication with its impressive array of amenities. The property boasts a crystal-clear swimming pool, a rejuvenating spa, perfectly curated tennis courts, and a contemporary fitness center, catering to those with an active lifestyle. Additional features of Coral Tree Plaza include welcoming guest suites and a generously sized club room. This communal space, accentuated by a vintage-style fireplace, becomes a hub for animated conversations, fostering a warm community spirit. For pet owners, an on-site dog run is a convenient amenity, while ample parking facilitates easy visits for guests. Situated in a prime location, the complex offers unparalleled pedestrian access to the lively village of Hillcrest and the verdant tranquility of Balboa Park. For those seeking the buzz of city life, Downtown's vibrant heartbeat is just a brief drive away. Residing at Coral Tree Plaza is more than an address; it's a chance to experience an exceptional lifestyle uniquely blending luxury, comfort, and convenience.

Mortgage Calculator

Est. Monthly Payment

$5,576

Principal & Interest$3,750
Property Tax$675
Insurance$197
HOA$955
%($135,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Florence Elementary · grades PK-5 · San Diego Unified

  • Middle

    Roosevelt International Middle · grades 6-8 · San Diego Unified

  • High

    San Diego High · grades 9-12 · San Diego Unified

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Investment Score

24C
Est. Monthly Rent
$3,475

12 leases of 2-bed condos & townhomes within 0.5 mi · $3,240–$4,010

Blended 50/50 with the zip's market median ($3,623)

Monthly Cashflow

Rent − PITIA

-$2,101
Full Cashflow

Incl. vacancy, PM, maint, capex

-$3,463

What would make this work?

$3,463/mo short at 20% down; 94% down or +$4,498/mo rent closes it.

Break-even price

67% under asking

$224,154
Break-even rent

$4,498/mo above the estimate

$7,973/mo
Cashflow at 35% down
−$2,760/mo
Down payment to break even

$634,500 cash

94%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$3,750
Cap Rate
0.82%
Cash-on-Cash
-30.78%
DSCR

Need ≥ 1.25 for DSCR loan

0.62

NOI (Annual)
$5,526
Price-to-Rent

Lower = better for investors

16.2

* Modelled at 20% down, 7.43% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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CCashflow−$3,463/mo