4055 Falcon St

4055 Falcon St #202

A

San Diego, CA 92103

$649,999

Soft Appraisal Value: $637,500 · 2.0% above estimate

Beds

2

Baths

2

Sqft

1,080

Year Built

1981

Days on Market

48

Property Type

Condo

HOA/mo

$500

MLS ID

NDP2604174

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

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About This Property

Estate sale! Very motivated sellers. First time on the market in nearly 30 years, this Mission Hills gem sits in a prime Village location with easy access to charming shops and local eateries. Skylights fill the home with natural light, complementing the updated kitchen with stainless steel appliances. The living area features a gas-burning fireplace that can also burn wood and opens to a balcony overlooking the neighborhood and palm trees. The layout includes a stacked washer and dryer in a hallway closet and a primary bathroom with dual sinks. Practical perks include one gated, reserved garage parking space, dedicated storage located near the parking spot, and controlled access to the property.

Mortgage Calculator

Est. Monthly Payment

$4,626

Principal & Interest$3,287
Property Tax$650
Insurance$190
HOA$500
%($130,000)
%

Location

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Investment Score

46B
Est. Monthly Rent
$3,680
Monthly Cashflow

Rent − PITIA

$-947
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,335

Mortgage (P+I)
$3,287
Cap Rate
1.76%
Cash-on-Cash
-21.55%
DSCR

Need ≥ 1.25 for DSCR loan

0.80
Break-even Rent
$6,712

NOI (Annual)
$11,423
Price-to-Rent

Lower = better for investors

14.7

* 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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