3959 Alabama St San Diego

3959 Alabama St San Diego

D

, CA 92104

$595,000

Beds

2

Baths

2

Sqft

924

Year Built

1982

Days on Market

11

Property Type

Condo

HOA/mo

$275

MLS ID

260004115SD

Description

Experience North Park living in this spacious 924 sqft, 2-bedroom, 2-bath condo in a highly desirable location. This light-filled unit is on the top floor and features vaulted ceilings, a skylight, and a cozy gas fireplace, creating an open and airy feel. The spacious primary bedroom includes an en-suite bath and walk-in closet, while the kitchen is equipped with stainless steel appliances. Additional highlights include an in-unit washer and dryer, a private balcony, and two parking spaces—one detached garage and an additional driveway spot. The home is move-in ready with the opportunity to add your own cosmetic touches. Ideally situated between North Park, Hillcrest, and University Heights, you’ll enjoy easy access to popular restaurants, shops, and entertainment.

Mortgage Calculator

Est. Monthly Payment

$4,052

Principal & Interest$3,009
Property Tax$595
Insurance$174
HOA$275
%($119,000)
%

Investment Score

14D
Est. Monthly Rent

Market Rent Estimate

$3,179
Monthly Cashflow

Rent − PITI − HOA

$-874
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,101

Mortgage (P+I)
$3,009
Cap Rate
1.83%
Cash-on-Cash
-8.81%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

1.06
Break-even Rent
$4,053

NOI (Annual)
$10,896
Price-to-Rent

Lower = better for investors

15.6

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

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