3960 Arizona Street
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3960 Arizona Street #8

B

San Diego, CA 92104

$540,000
NEW — 2d

Beds

2

Baths

2

Sqft

840

Year Built

1980

Days on Market

2

Property Type

Condo

HOA/mo

$310

MLS ID

SW26076670

This property is in San Diego (92104). View neighborhood stats →

About This Property

Charming condo located in the heart of North Park, just steps from shops, dining, and entertainment along University Avenue. This single-level unit offers a functional layout with good natural light and a comfortable living space.Previously used as a long-term rental, the property has been well maintained and presents an opportunity for updates and improvements. Priced accordingly, it offers great value for a first-time home buyer, investor, or anyone looking to customize a space to their own style. The layout also works well for shared living or those seeking a low-maintenance home in a central location.Situated in a small 8-unit complex, the property includes assigned parking. While there is currently no in-unit washer and dryer, other units in the complex have added this feature, and there appears to be space to incorporate it during future renovations. Convenient access to parks, freeways, and all that North Park has to offer.

Mortgage Calculator

Est. Monthly Payment

$3,738

Principal & Interest$2,731
Property Tax$540
Insurance$157
HOA$310
%($108,000)
%

Location

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Investment Score

52B
Est. Monthly Rent
$2,970
Monthly Cashflow

Rent − PITIA

$-768
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,901

Mortgage (P+I)
$2,731
Cap Rate
1.84%
Cash-on-Cash
-21.12%
DSCR

Need ≥ 1.25 for DSCR loan

0.79
Break-even Rent
$5,438

NOI (Annual)
$9,959
Price-to-Rent

Lower = better for investors

15.2

* 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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