4009 Illinois
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4009 Illinois

A

San Diego, CA 92104

$539,000
NEW — 4d

Soft Appraisal Value: $535,000 · 0.7% above estimate

Beds

2

Baths

1

Sqft

725

Year Built

1958

Days on Market

4

Property Type

Condo

HOA/mo

$300

MLS ID

260016608SD

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

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About This Property

Charming 2-bedroom, 1-bath first-floor condominium in an intimate and inviting community, ideally situated in the heart of North Park. Just a block and a half from University Avenue, enjoy easy access to an array of popular restaurants, bars, coffee shops, and music venues. This thoughtfully updated residence features an upgraded kitchen and bath, crown molding throughout, newer flooring, plantation shutters, recessed lighting, new range, newer dishwasher and granite counter tops. Additional conveniences include in-unit laundry, assigned parking space, and gated entry for added privacy and security. A wonderful opportunity to enjoy all that North Park has to offer in a home that combines charm, comfort, and an unbeatable location.

Mortgage Calculator

Est. Monthly Payment

$3,722

Principal & Interest$2,725
Property Tax$539
Insurance$157
HOA$300
%($107,800)
%

Location

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Investment Score

51B
Est. Monthly Rent
$2,918
Monthly Cashflow

Rent − PITIA

$-803
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,924

Mortgage (P+I)
$2,725
Cap Rate
1.78%
Cash-on-Cash
-21.42%
DSCR

Need ≥ 1.25 for DSCR loan

0.78
Break-even Rent
$5,416

NOI (Annual)
$9,620
Price-to-Rent

Lower = better for investors

15.4

* 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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