3769 1st Avenue

3769 1st Avenue

D

San Diego, CA 92103

$590,000

Beds

2

Baths

2

Sqft

788

Year Built

1973

Days on Market

48

Property Type

Condo

HOA/mo

$275

MLS ID

PW25254458

View on MLS

Description

Premium Hillcrest location! Upstairs corner unit with updated kitchen, appliances and quartz counters. Newer vanity, light fixtures, newer tile in the main bathroom. Coveted floor plan with 2 bedrooms and 2 full baths. Great natural light and Mitsubishi mini split A/C. Private balcony. Quiet & secure complex with tranquil courtyard. Perfect investment property or starter home. Low HOAs. Rare opportunity to own a key unit in an outstanding location. Walk to everything. Complex Features: Equipment: Range/Oven Other Fees: 0 Sewer: Sewer Connected, Public Sewer Topography: LL

Mortgage Calculator

Est. Monthly Payment

$4,020

Principal & Interest$2,983
Property Tax$590
Insurance$172
HOA$275
%($118,000)
%

Investment Score

10D
Est. Monthly Rent

Market Rent Estimate

$3,034
Monthly Cashflow

Rent − PITI − HOA

$-986
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,176

Mortgage (P+I)
$2,983
Cap Rate
1.64%
Cash-on-Cash
-10.03%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

1.02
Break-even Rent
$4,020

NOI (Annual)
$9,690
Price-to-Rent

Lower = better for investors

16.2

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

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