3930 Centre Street
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3930 Centre Street #107

D

San Diego, CA 92103

$799,900

Soft Appraisal Value: $784,300 · 2.0% above estimate

Beds

2

Baths

2

Sqft

1,210

Year Built

1986

Days on Market

80

Property Type

Condo

HOA/mo

$625

MLS ID

OC26019442

This property is in San Diego (92103). View neighborhood stats →

About This Property

Located between University Heights & Hillcrest, this property offers convenient walking access to a variety of restaurants, shops, coffee houses, breweries, and shopping. Just a short stroll away, residents can easily reach the Sunday Farmers' Market and Balboa Park, making everyday living and entertaining a pleasure in this dynamic neighborhood.As you enter the residence, this 1st level end front unit flaunts windows and a slider balcony door that allows for natural light and tree views, all with plantation shutters for privacy. The kitchen is nicely set up with an abundance of cabinet space, quartz countertops, an elevated eating counter, and stainless steel appliances. There is a spacious dining room and living area that opens to the kitchen, and there is a large balcony area off the living room where you can lounge.The bedrooms are of good size and have natural daytime light as well. The primary bedroom has two closet spaces and extra storage. The bathrooms have been nicely remodeled in the past with quartz countertops, tiled showers, fixtures, and tiled floors in the wet areas. There are laminate wood floors throughout, central AC and heat, an indoor laundry area, and hallway storage. There is secured underground tandem parking with storage that you can access by stairs or elevator, and permitted guest parking behind the building. There is no unit below, and unit is elevated above ground level with landscaping for privacy. The complex is well kept with a front and back gated entrance and a nice courtyard.Incredible opportunity to own in this exciting location where the city is spending upwards of $30 million to create the new Normal Street Promenade.You are also just a quick drive away from the San Diego Zoo and Downtown San Diego.

Mortgage Calculator

Est. Monthly Payment

$5,703

Principal & Interest$4,045
Property Tax$800
Insurance$233
HOA$625
%($159,980)
%

Location

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Investment Score

2D
Est. Monthly Rent
$3,703
Monthly Cashflow

Rent − PITIA

$-2,000
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,518

Mortgage (P+I)
$4,045
Cap Rate
0.79%
Cash-on-Cash
-26.39%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.65
Break-even Rent
$8,272

NOI (Annual)
$6,322
Price-to-Rent

Lower = better for investors

18.0

* 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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