3812 Park Boulevard

3812 Park Boulevard

D

San Diego, CA 92103

$849,999

Beds

2

Baths

2

Sqft

1,436

Year Built

2005

Days on Market

13

Property Type

Condo

HOA/mo

$949

MLS ID

NDP2601575

Description

Welcome to this spacious 2 bedroom 2 bath westerly facing Unit In the heart of Hillcrest. Situated on the corner of University Ave. & Park Blvd., The Egyptian is surrounded by trendy bistros and cafes and is within walking distance of Balboa Park. As you enter the home you will gaze upon a light and bright open floor plan that allows the living room, dining area and kitchen to flow seamlessly together for ease of daily living. Floor to ceiling windows bathe the living spaces in natural light. Offering City Views with Sunsets and a exclusive use balcony for your out door enjoyment. The open kitchen features plenty of cabinet and counter space for all your culinary endeavors, stainless steel appliances, recessed lighting and a large eat-at center island accented by pendant lighting. Imagine yourself sitting on the balcony, sipping your favorite beverage, soaking in the idyllic San Diego weather all year long. Both bathrooms have been upgraded with modern flair. The split bedroom floor plan is ideal for roommate or work-from- home scenarios, giving everyone a little extra privacy. The in-unit laundry will take the chore out of laundry day! Two assigned tandem parking spaces, with an EV charging station, in the underground garage will make parking a breeze. An 8’x4’ storage area is also included with the Unit. Hillcrest is a vibrant urban neighborhood of San Diego offering restaurants serving global cuisines, a mix of cafes, brunch spots, clothes shops plus a weekly Farmers Market.

Mortgage Calculator

Est. Monthly Payment

$6,345

Principal & Interest$4,298
Property Tax$850
Insurance$248
HOA$949
%($170,000)
%

Investment Score

6D
Est. Monthly Rent

Market Rent Estimate

$4,420
Monthly Cashflow

Rent − PITI − HOA

$-1,925
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,650

Mortgage (P+I)
$4,298
Cap Rate
0.91%
Cash-on-Cash
-13.59%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

1.03
Break-even Rent
$6,345

NOI (Annual)
$7,777
Price-to-Rent

Lower = better for investors

16.0

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

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