
3940 7th Ave #CS2 (117)
BSan Diego, CA 92103
Soft Appraisal Value: $914,700 · 2.7% above estimate
Beds
1
Baths
1
Sqft
1,508
Year Built
1997
Days on Market
47
Property Type
Condo
HOA/mo
$564
MLS ID
260009926SD
This property is in San Diego (92103). View neighborhood stats →
About This Property
A rare opportunity to own a commercially zoned condo/loft in the heart of Hillcrest. Be prepared to be wowed. This unit is over 1500 square feet and is priced well below other units in the complex of similar size. This is a true loft with exposed concrete, glass sliding partitions, a European-style kitchen and lots of open spaces to both live and work. (if so desired!) A street front gated entry patio is perfect to enjoy coffee in the morning, meet with customers and friends outdoors along with enjoying that glass of wine at night. Being zoned commercial, you are also allowed to install signage outside for that business you have been dreaming about. The layout is not only unique, but functional for those many aspects of your life that go beyond the mundane that exists in every other condo in the city! This commercially zoned condo is perfect for both living the best life in the heart of Hillcrest, while also being able to operate (if desired) a business with easy access for your customers. Perfect for either an artistic endeavor, or one the requires tranquility to think and plan. Located just outside the main gate of one of San Diego's first true loft conversions, (The Cable Lofts) this unit is steps away from Whole Foods and all of the fun, gyms and restaurants that Hillcrest offers. Given its zoning, it is only one of two similar commercial units in the building that rarely come on the market.
Mortgage Calculator
Est. Monthly Payment
$6,525
Location
Loading map...
Comparable Properties
5 comps foundThis Property
$4,906
Comp Average
$2,862
3940 Dove Street
2bd / 2ba · 982 sqft · Condo
$600K
Est. $3,288/mo
3922 Albatross Street
1bd / 1ba · 713 sqft · Condo
$575K
Est. $2,630/mo
1756 Essex
2bd / 2ba · 841 sqft · Condo
$599K
Est. $3,113/mo
1270 Cleveland
1bd / 1ba · 713 sqft · Condo
$575K
Est. $2,695/mo
1270 Cleveland
1bd / 1ba · 713 sqft · Condo
$569K
Est. $2,586/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
Rent − PITIA
Incl. vacancy, PM, maint, capex
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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.
Get Expert AnalysisOpen Full Calculator