3922 Albatross St. San Diego

3922 Albatross St. San Diego

D

, CA 92103

$675,000

Beds

2

Baths

2

Sqft

850

Year Built

1989

Days on Market

21

Property Type

Condo

HOA/mo

$290

MLS ID

260003261SD

Description

Experience the ultimate urban lifestyle at 3922 Albatross #1. This beautifully maintained 2-bedroom sanctuary is perfectly positioned on the edge of Hillcrest and Mission Hills. This location is so central, placing you just steps away from the vibrant energy of San Diego’s most sought-after culinary and retail corridors. Forget the car and enjoy immediate proximity to acclaimed dining destinations, local artisan cafes, and the eclectic boutiques lining University Avenue and Washington Street. Daily errands are effortless with both Whole Foods and Ralphs just a short stroll away, offering an unmatched level of convenience. The home itself has been deeply appreciated and thoughtfully updated. Recent improvements include a fully remodeled hall bathroom, a modern fireplace surround and mantle, and a stylish kitchen refreshed with new countertops and backsplash. Wood-look tile floors run throughout the living spaces, while the remodeled bathrooms feature durable vinyl plank. The second bedroom even includes a Queen Murphy bed that can convey with the sale, providing immediate flexibility for guests or a home office. Comfort is guaranteed year-round thanks to a brand-new HVAC system, ensuring this interior retreat is as functional as it is aesthetic. Nestled within an intimate five-unit complex, this condo offers rare perks including remarkably low HOA payments and ample storage. Security and privacy are paramount, with two gated entrances leading you into a peaceful shared courtyard. While the neighborhood's best restaurants and shops are right around the corner, the building provides exceptional utility with a private one-car garage and an additional dedicated parking space in the alley. With a recently repainted exterior and new fencing, this property is a turn-key gem situated at the literal edge of everything Hillcrest and Mission Hills have to offer.

Mortgage Calculator

Est. Monthly Payment

$4,575

Principal & Interest$3,413
Property Tax$675
Insurance$197
HOA$290
%($135,000)
%

Investment Score

10D
Est. Monthly Rent

Market Rent Estimate

$3,472
Monthly Cashflow

Rent − PITI − HOA

$-1,103
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,464

Mortgage (P+I)
$3,413
Cap Rate
1.69%
Cash-on-Cash
-9.81%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

1.02
Break-even Rent
$4,575

NOI (Annual)
$11,387
Price-to-Rent

Lower = better for investors

16.2

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

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