
3712 3rd Ave #4
Ctop 80%San Diego, CA 92103
121 licensed short-term rentals within ½ mile (87 whole home), from the cities' license and permit lists of Nov 3, 2026.
No unit in this 6-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: -$4,714/mo full cashflow at 20% down, 7.49% rate.
Works at $283,797 (68% under asking), or at 96% down.
Rent $3,486/mo from 12 leases of 2-bed condos & townhomes within 0.5 mi ($3,332–$4,155).
Beds
2
Baths
3
Sqft
1,173
Year Built
2001
Days on Market
1
Property Type
Townhouse
HOA/mo
$495
MLS ID
260026138SD
This property is in San Diego (92103). View neighborhood stats →
About This Property
Your Private Hillcrest Retreat Awaits! Enjoy the best of San Diego living in this inviting townhouse, ideally positioned near Hillcrest's eclectic dining, boutique shopping, and vibrant neighborhood scene. With Balboa Park, its renowned museums, and downtown San Diego all just minutes away, this residence puts the city's best attractions within easy reach while offering a comfortable place to unwind at the end of the day. Set within a charming six-home condominium community, this two-story residence pairs a practical layout with appealing modern features and a welcoming sense of privacy. The main floor is designed for gathering and entertaining, while the upstairs level is dedicated to two generously sized bedrooms, each with its own full bathroom. The living room makes an immediate impression with its soaring ceilings and gas fireplace, creating a space that feels both open and cozy with a convenient guest powder room. The dining area transitions into the kitchen where style meets function. An abundance of cabinetry, stainless-steel appliances, and plenty workspace give the kitchen a fresh, polished look. A gas range and spacious peninsula make meal preparation easy while keeping you connected with family and guests. Extend your living space outdoors through the kitchen to a private patio, perfect for enjoying a quiet breakfast, relaxing with a book, or unwinding after a busy day. Practicality continues with direct kitchen access to the private two-car tandem garage. Upstairs, both bedroom suites provide comfortable personal space, with room to accommodate a variety of furnishings and lifestyles. One bedroom opens onto a private balcony that captures abundant sunshine, a lovely spot to enjoy the changing light throughout the day. Thoughtful details throughout include air conditioning, ceiling fans, and side-by-side laundry conveniently located between the bedroom suites. The home's combination of private outdoor space, direct-access garage, and well-maintained surroundings makes it a standout opportunity for buyers seeking comfort and convenience without sacrificing location.
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Est. Monthly Payment
$6,653
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.
Comparable Properties
5 comps foundThis Property
$3,486
Comp Average
$3,671
1441 Robinson Ave
2bd / 2.5ba · 1,140 sqft · Condo
$699K
Est. $3,628/mo
3570 First Ave
2bd / 2ba · 1,222 sqft · Condo
$800K
Est. $3,743/mo
475 Redwood St
2bd / 2ba · 1,151 sqft · Condo
$855K
Est. $3,874/mo
3964 Richmond
2bd / 2.5ba · 1,274 sqft · Townhouse
$1.04M
Est. $3,894/mo
2960 Union Street
2bd / 2ba · 1,108 sqft · Condo
$899K
Est. $3,215/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
12 leases of 2-bed condos & townhomes within 0.5 mi · $3,332–$4,155
Blended 50/50 with the zip's market median ($3,473)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$4,714/mo short at 20% down; 96% down or +$6,122/mo rent closes it.
- Break-even price
- $283,797
- Break-even rent
- $9,608/mo
- Cashflow at 35% down
- −$3,776/mo
- Down payment to break even
- 96%
- Rate to break even
- Not reachable
68% under asking
$6,122/mo above the estimate
$859,200 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.49% 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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