3980 8th Avenue San Diego

3980 8th Avenue San Diego

D

, CA 92103

$489,900

Beds

1

Baths

1

Sqft

641

Year Built

1972

Days on Market

22

Property Type

Condo

HOA/mo

$418.72

MLS ID

260003118SD

Description

LOCATION, LOCATION! Experience your ideal Uptown lifestyle in this beautifully refreshed Cliffbridge Estates residence featuring 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

$3,529

Principal & Interest$2,477
Property Tax$490
Insurance$143
HOA$419
%($97,980)
%

Investment Score

1D
Est. Monthly Rent

Market Rent Estimate

$1,988
Monthly Cashflow

Rent − PITI − HOA

$-1,541
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,406

Mortgage (P+I)
$2,477
Cap Rate
0.17%
Cash-on-Cash
-18.87%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.80
Break-even Rent
$3,529

NOI (Annual)
$851
Price-to-Rent

Lower = better for investors

20.5

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

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