3653 3rd Ave
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3653 3rd Ave #1

D

San Diego, CA 92103

$899,888
NEW — 5d

Soft Appraisal Value: $881,600 · 2.1% above estimate

Beds

2

Baths

2

Sqft

1,192

Year Built

1994

Days on Market

5

Property Type

Townhouse

HOA/mo

$302

MLS ID

260013326SD

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

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About This Property

2.75% Assumable VA Loan Available. Welcome to this beautifully upgraded 2BR/2BA townhome in the heart of Hillcrest, where sophisticated design meets everyday convenience. Thoughtfully renovated this light-filled, front & end-unit offers an exceptional blend of modern finishes, functional living spaces, & an unbeatable walkable location. Inside, soaring vaulted ceilings and abundant natural light create an open, airy atmosphere. The thoughtfully designed floor plan features dual primary suites, ideal for guests, roommates, or a private home office setup. The remodeled kitchen showcases custom cabinetry, granite countertops, stainless steel appliances, designer lighting, custom tile backsplash, & ample storage for both everyday living and entertaining. The spacious living area is anchored by a cozy fireplace & flows seamlessly to a private terrace, perfect for morning coffee or relaxing evenings. Both bathrooms have been tastefully updated with high-end finishes, while custom closet systems throughout maximize organization and storage. Additional highlights include refinished wood flooring, newer carpet, custom window coverings, upgraded HVAC and water heater systems, & an attached two-car garage with workshop space. A rare bonus is the additional driveway parking space, providing room for three vehicles total with an EV charger included. Situated in a well-maintained community with low HOA fees, this home places you just steps from Hillcrest's vibrant restaurants, coffee shops, boutiques, nightlife, Balboa Park, & nearby hospitals. There is a VA assumable loan at 2.75%

Mortgage Calculator

Est. Monthly Payment

$6,015

Principal & Interest$4,550
Property Tax$900
Insurance$262
HOA$302
%($179,978)
%

Location

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Investment Score

22D
Est. Monthly Rent
$3,840
Monthly Cashflow

Rent − PITIA

$-2,174
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,807

Mortgage (P+I)
$4,550
Cap Rate
0.99%
Cash-on-Cash
-25.39%
DSCR

Need ≥ 1.25 for DSCR loan

0.64
Break-even Rent
$8,785

NOI (Annual)
$8,916
Price-to-Rent

Lower = better for investors

19.5

* 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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