3950 Cleveland Avenue

3950 Cleveland Avenue

D

San Diego, CA 92103

$470,000
NEW — 0d on market

Beds

1

Baths

1

Sqft

524

Year Built

1987

Days on Market

0

Property Type

Condo

HOA/mo

$430

MLS ID

PTP2601610

Description

Well-maintained 1-bedroom, 1-bath condo located in the vibrant Hillcrest community with private interior courtyard. This functional floor plan offers an open living and dining area, private balcony, and a thoughtfully remodeled kitchen featuring a recently installed solar tube that enhances natural light. Kitchen highlights include granite countertops and stainless steel appliances, while the bathroom features a custom-tiled shower for a clean, modern finish. Windemere Court is a secure, 28-unit complex with only two stories, offering a more private residential setting. Community amenities include elevator access, secured underground parking with one assigned covered space, assigned storage, and community laundry facilities. HOA includes water, sewer, trash, exterior maintenance, roof, and common area upkeep. Enjoy immediate proximity to The Hub shopping center, Trader Joe’s, and the renowned Sunday Farmers Market. This vibrant neighborhood offers an eclectic mix of award-winning dining along “Restaurant Row,” trendy boutiques, and lively nightlife. Nature lovers will appreciate being just minutes from iconic Balboa Park and the San Diego Zoo. Ideally situated for commuters with quick access to HWY 163, I-5, and a short drive to Downtown or the coast. Live where culture, convenience, and community meet!

Mortgage Calculator

Est. Monthly Payment

$3,414

Principal & Interest$2,377
Property Tax$470
Insurance$137
HOA$430
%($94,000)
%

Investment Score

1D
Est. Monthly Rent

Estimated Rent

$1,960
Monthly Cashflow

Rent − PITI − HOA

$-1,454
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,296

Mortgage (P+I)
$2,377
Cap Rate
0.21%
Cash-on-Cash
-18.56%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.82
Break-even Rent
$3,414

NOI (Annual)
$966
Price-to-Rent

Lower = better for investors

20.0

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

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