4024 Crystal Dawn Lane #103
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4024 Crystal Dawn Lane #103

Ctop 80%

San Diego, CA 92122

$799,000
STR: check · no permits in this complex · TOT 12.75%

9 licensed short-term rentals within ½ mile (6 whole home), from the cities' license and permit lists of Nov 1, 2026.

No unit in this 70-unit complex holds a short-term rental license, so nothing shows its HOA allows them. Get the CC&Rs before counting on short-term income.

Pass at asking: -$3,680/mo full cashflow at 20% down, 7.49% rate.

Works at $321,913 (60% under asking), or at 86% down.

Rent $3,930/mo from 19 leases of 2-bed condos & townhomes within 0.5 mi, same school area ($3,824–$4,127).

Beds

2

Baths

2.5

Sqft

1,368

Year Built

1981

Days on Market

134

Property Type

Condo

HOA/mo

$543

MLS ID

NDP2605875

This property is in San Diego (92122). View neighborhood stats →

Virtual Tour

About This Property

VA approved complex. Fully remodeled and move-in ready, this Scandinavian-inspired UTC townhome offers dual en-suite bedrooms with heated bathroom floors, designer finishes throughout, and a quiet location within the highly desirable La Jolla Village Park community. Offering 2 bedrooms, 2.5 bathrooms, and approximately 1,368 square feet, this exceptionally spacious home combines modern comfort, thoughtful design, and an unbeatable location in the heart of University City. The fully renovated kitchen features quartz countertops, stainless steel appliances, under-cabinet lighting, and sleek contemporary finishes. Luxury vinyl plank flooring flows throughout the home, complemented by updated lighting, shaker-style doors, and carefully selected European fixtures and finishes. The inviting living room is anchored by an upgraded gas fireplace with marble and split-face travertine surround. Designed for both comfort and functionality, both upstairs bedrooms feature private en-suite bathrooms with heated floors and remodeled floor-to-ceiling tile showers. The spacious primary suite offers generous closet space with custom barn doors and a spa-inspired bathroom featuring dual vanities, and a walk-in shower. The secondary bedroom enjoys its own private south-facing balcony. Energy-efficient Anlin windows and sliding doors installed throughout provide exceptional sound reduction and year-round comfort. Additional highlights include an attached one-car garage with epoxy flooring, added loft storage and shelving, an on-site parking permit for a second vehicle/guests, an oversized laundry room with full-size washer and dryer, and extensive improvements completed throughout the home. Residents of La Jolla Village Park enjoy a pool, spa, sauna, tennis courts, racquetball courts, greenbelts, and beautifully maintained common areas. HOA dues cover hot and cold water, sewer, trash, exterior maintenance, and landscaping. Ideally located just moments from UTC's premier Westfield shopping, dining, grocery stores, fitness centers, movie theaters, UC San Diego, the trolley, La Jolla Village, La Jolla Shores, Torrey Pines, downtown San Diego, and San Diego International Airport. Offering the perfect balance of comfort, convenience, and low-maintenance living, this thoughtfully remodeled home is an exceptional opportunity in one of San Diego's most desirable communities.

Mortgage Calculator

Est. Monthly Payment

$6,040

Principal & Interest$4,465
Property Tax$799
Insurance$233
HOA$543
%($159,800)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Doyle Elementary · grades K-5 · San Diego Unified

  • Middle

    Standley Middle · grades 6-8 · San Diego Unified

  • High

    University City High · grades 9-12 · San Diego Unified

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Investment Score

28C
Est. Monthly Rent
$3,930

19 leases of 2-bed condos & townhomes within 0.5 mi, same school area · $3,824–$4,127

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$2,110
Full Cashflow

Incl. vacancy, PM, maint, capex

-$3,680

What would make this work?

$3,680/mo short at 20% down; 86% down or +$4,779/mo rent closes it.

Break-even price

60% under asking

$321,913
Break-even rent

$4,779/mo above the estimate

$8,709/mo
Cashflow at 35% down
−$2,843/mo
Down payment to break even

$687,140 cash

86%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$4,465
Cap Rate
1.47%
Cash-on-Cash
-27.63%
DSCR

Need ≥ 1.25 for DSCR loan

0.65

NOI (Annual)
$11,781
Price-to-Rent

Lower = better for investors

16.9

* Modelled at 20% down, 7.49% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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CCashflow−$3,680/mo