3950 Cleveland Avenue
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3950 Cleveland Avenue #211

B

San Diego, CA 92103

$449,000

Soft Appraisal Value: $442,800 · 1.4% above estimate

Beds

1

Baths

1

Sqft

524

Year Built

1987

Days on Market

58

Property Type

Condo

HOA/mo

$430

MLS ID

PTP2603591

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

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About This Property

Well-maintained 1-bedroom, 1-bath condominium located in the desirable Hillcrest community, featuring a private interior courtyard setting. This thoughtfully designed floor plan offers an open living and dining area, a private balcony, and a remodeled kitchen enhanced by a recently installed solar tube for added natural light. Kitchen features include granite countertops and stainless steel appliances. The bathroom has been upgraded with a custom-tiled shower, offering a clean, modern finish. Windemere Court is a secure, 28-unit complex with only two stories, providing a more private residential environment. Community amenities include elevator access, secured underground parking with one assigned covered space, assigned storage, and community laundry facilities. HOA dues include water, sewer, trash, exterior maintenance, roof, and common area upkeep. Step outside into a highly walkable neighborhood with The Hub shopping center, Trader Joe’s, and the popular Sunday Farmers Market just moments away. Enjoy convenient access to a variety of dining options along Hillcrest’s well-known Restaurant Row, as well as boutique shopping and local entertainment. Outdoor enthusiasts will appreciate close proximity to Balboa Park and the San Diego Zoo. Centrally located with easy access to Highway 163, Interstate 5, Downtown San Diego, and nearby coastal areas.

Mortgage Calculator

Est. Monthly Payment

$3,280

Principal & Interest$2,270
Property Tax$449
Insurance$131
HOA$430
%($89,800)
%

Location

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Investment Score

38C
Est. Monthly Rent
$2,184
Monthly Cashflow

Rent − PITIA

$-1,096
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,973

Mortgage (P+I)
$2,270
Cap Rate
0.80%
Cash-on-Cash
-26.36%
DSCR

Need ≥ 1.25 for DSCR loan

0.67
Break-even Rent
$4,746

NOI (Annual)
$3,570
Price-to-Rent

Lower = better for investors

17.1

* 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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