3776 Alabama Street

3776 Alabama Street

Atop 10%

San Diego, CA 92104

$250,000
NEW — 0d
STR: check · no permits in this complex · TOT 12.75%

130 licensed short-term rentals within ½ mile (90 whole home), from the cities' license and permit lists of Nov 13, 2026.

No unit in this 75-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: -$997/mo full cashflow at 20% down, 7.36% rate.

Works at $119,467 (52% under asking), or at 78% down.

Rent $1,695/mo from 1 lease in this building.

Beds

1

Baths

1

Sqft

378

Year Built

1981

Days on Market

0

Property Type

Condo

HOA/mo

$392

MLS ID

PTP2608375

This property is in San Diego (92104). View neighborhood stats →

Virtual Tour

About This Property

Enjoy North Park and Hillcrest living in this 55+ community! This inviting lower-level residence features a renovated interior with warm wood-look flooring, rich wood cabinetry, granite kitchen countertops, and a bright, open living space. Large windows offer views of the beautifully landscaped courtyard, bringing in natural light and a peaceful outdoor backdrop. Ideally located just steps from neighborhood restaurants, shopping, and public transportation, this home offers the convenience of a walkable lifestyle in the heart of San Diego. Community amenities include gated parking, personal storage, a fitness center, billiards room, library, meeting space, and on-site laundry facilities. A wonderful opportunity to enjoy comfort, convenience, and community living!

Mortgage Calculator

Est. Monthly Payment

$2,094

Principal & Interest$1,379
Property Tax$250
Insurance$73
HOA$392
%($50,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Jefferson 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

63A
Est. Monthly Rent
$1,695

1 lease in this building

Thin data: only 1 lease behind this number.

Monthly Cashflow

Rent − PITIA

-$399
Full Cashflow

Incl. vacancy, PM, maint, capex

-$997

What would make this work?

$997/mo short at 20% down; 78% down or +$1,295/mo rent closes it.

Break-even price

52% under asking

$119,467
Break-even rent

$1,295/mo above the estimate

$2,990/mo
Cashflow at 35% down
−$739/mo
Down payment to break even

$195,000 cash

78%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$1,379
Cap Rate
2.24%
Cash-on-Cash
-23.94%
DSCR

Need ≥ 1.25 for DSCR loan

0.81

NOI (Annual)
$5,599
Price-to-Rent

Lower = better for investors

12.3

* Modelled at 20% down, 7.36% 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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ACashflow−$997/mo