3930 Centre St

3930 Centre St

D

San Diego, CA 92103

$799,000

Soft Appraisal Value: $768,100 · 4.0% above estimate

Beds

2

Baths

2

Sqft

1,210

Year Built

1986

Days on Market

12

Property Type

Condo

HOA/mo

$625

MLS ID

260006236SD

Description

Welcome to a corner unit penthouse at Centre Park Condos in the heart of Hillcrest, where elevated living meets one of San Diego’s most vibrant and walkable neighborhoods. Perched on the top floor, this beautifully remodeled residence is ideally positioned as a coveted corner unit, offering exceptional natural light, added privacy, and an open, airy feel throughout. Inside, newer wide plank flooring runs seamlessly throughout the home, creating a clean and modern aesthetic. The sleek, updated kitchen is a standout feature, complete with quartz countertops, new appliances, and a stylish backsplash that elevates the overall design. A raised countertop provides the perfect space for casual dining, a quick bite, or gathering with guests while staying connected to the main living area. The kitchen flows effortlessly into the living space, making it ideal for both everyday living and entertaining. Step outside to your private east-facing balcony—perfect for taking in the sunrise and enjoying a peaceful start to the day. The indoor-outdoor connection enhances the livability of the space while capturing the energy of the surrounding neighborhood. The primary suite offers a comfortable retreat with a well-appointed en-suite bathroom featuring tasteful finishes and a functional layout. Additional highlights include in-unit washer and dryer, ample storage, and true turnkey condition. Located in a secure, gated community with two private garage parking spaces, this home is just moments from the best of Hillcrest’s dining, coffee, and nightlife.

Mortgage Calculator

Est. Monthly Payment

$5,697

Principal & Interest$4,040
Property Tax$799
Insurance$233
HOA$625
%($159,800)
%

Investment Score

1D
Est. Monthly Rent
$3,365
Monthly Cashflow

Rent − PITI − HOA

$-2,332
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,772

Mortgage (P+I)
$4,040
Cap Rate
0.40%
Cash-on-Cash
-28.33%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.59
Break-even Rent
$8,264

NOI (Annual)
$3,219
Price-to-Rent

Lower = better for investors

19.8

* 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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