3950 Cleveland Avenue
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3950 Cleveland Avenue #211

C

San Diego, CA 92103

$459,000

Soft Appraisal Value: $456,100 · 0.6% above estimate

Beds

1

Baths

1

Sqft

524

Year Built

1987

Days on Market

11

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

$3,344

Principal & Interest$2,321
Property Tax$459
Insurance$134
HOA$430
%($91,800)
%

Location

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Investment Score

40C
Est. Monthly Rent
$2,301
Monthly Cashflow

Rent − PITIA

$-1,043
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,955

Mortgage (P+I)
$2,321
Cap Rate
0.96%
Cash-on-Cash
-25.55%
DSCR

Need ≥ 1.25 for DSCR loan

0.69
Break-even Rent
$4,840

NOI (Annual)
$4,395
Price-to-Rent

Lower = better for investors

16.6

* 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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