3980 8th Avenue
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3980 8th Avenue #109

C

San Diego, CA 92103

$474,900

Soft Appraisal Value: $446,000 · 6.5% above estimate

Beds

1

Baths

1

Sqft

641

Year Built

1972

Days on Market

72

Property Type

Condo

HOA/mo

$418.72

MLS ID

260003118SD

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

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About This Property

Sought-after Hillcrest location! Experience your ideal Uptown lifestyle in this beautifully refreshed Cliffbridge Estates residence boasting gleaming wood floors, elegant crown molding, and an ambient fireplace accented with new LED lights and custom tile that ties seamlessly into the updated kitchen. Enjoy upgraded double pane sliding doors with a screen that opens to your private balcony. The kitchen includes stainless appliances, stone surfaces, ample cabinetry, new custom tile, new kitchen sink/faucet, new LED lights and an oversized walk-in pantry offering exceptional storage. The spacious bedroom features new carpet, dual closets, and a ceiling fan, while the bathroom and tub enclosure shine with new custom epoxy surfaces. With a fresh paint job throughout, newer dual-pane windows, and a designated parking space, this is Uptown living at its finest—just steps from all the dining, shopping, and energy Hillcrest is known for. Cliffbridge Estates is a coveted and secured community in the heart of Hillcrest. Enjoy being within walking distance of the Hillcrest Farmers Market, Balboa Park, some of the city’s best restaurants, and the iconic nightlife for which Hillcrest is known. Residents enjoy a community pool, spa, tranquil courtyard, and fitness center: all for lower-than-average HOA fees!

Mortgage Calculator

Est. Monthly Payment

$3,433

Principal & Interest$2,401
Property Tax$475
Insurance$139
HOA$419
%($94,980)
%

Location

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Investment Score

40C
Est. Monthly Rent
$2,386
Monthly Cashflow

Rent − PITIA

$-1,048
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,993

Mortgage (P+I)
$2,401
Cap Rate
1.03%
Cash-on-Cash
-25.17%
DSCR

Need ≥ 1.25 for DSCR loan

0.69
Break-even Rent
$4,974

NOI (Annual)
$4,906
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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