3786 Alabama St
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3786 Alabama St #201

A

San Diego, CA 92104

$265,000
NEW — 6d

Soft Appraisal Value: $305,400 · 13.2% below estimate

Beds

1

Baths

1

Sqft

378

Year Built

1981

Days on Market

6

Property Type

Condo

HOA/mo

$403

MLS ID

260014886SD

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

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About This Property

Affordable 55+ living in North Park! Discover this charming, move-in ready 1-bed, 1-bath condo in the desirable gated community of Villa Sao Miguel. Enjoy walkable access to North Park’s best shops, restaurants, and parks like Morley Field and Balboa Park! Perfect for investors of any age looking for a prime San Diego rental opportunity, or owner-occupants 55+ seeking easy, amenity-rich living with a bike storage, rec room, library, and gym. This comfortable residence was remodeled less than 2 years ago with a new kitchen and flooring. Facing west with lots of natural light, it delivers style and value in one of San Diego’s most walkable neighborhoods.

Mortgage Calculator

Est. Monthly Payment

$2,085

Principal & Interest$1,340
Property Tax$265
Insurance$77
HOA$403
%($53,000)
%

Location

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Investment Score

52B
Est. Monthly Rent
$1,613
Monthly Cashflow

Rent − PITIA

$-472
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,064

Mortgage (P+I)
$1,340
Cap Rate
1.25%
Cash-on-Cash
-24.09%
DSCR

Need ≥ 1.25 for DSCR loan

0.77
Break-even Rent
$2,995

NOI (Annual)
$3,314
Price-to-Rent

Lower = better for investors

13.7

* 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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