4057 1st Avenue
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4057 1st Avenue #109

D

San Diego, CA 92103

$825,000

Soft Appraisal Value: $820,000 · 0.6% above estimate

Beds

2

Baths

2.5

Sqft

1,615

Year Built

2004

Days on Market

50

Property Type

Condo

HOA/mo

$734

MLS ID

260007653SD

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

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About This Property

Very Motivated Seller! Discover elevated urban living in the heart of Hillcrest, where style, convenience, and location come together. This elegant two-bedroom condo is truly move-in ready, offering a thoughtfully designed layout perfect for modern living. Upstairs, you’ll find two spacious master suites, each with its own private bath. The south-facing suite features a sun-drenched balcony, creating a perfect personal outdoor space. The main level welcomes you with high ceilings and abundant natural light. Enjoy a generous living area that flows effortlessly into a well-appointed kitchen, complete with ample prep space and a gas stove—perfect for home chefs and entertainers alike. Step outside to your private patio, an inviting extension of the living space for relaxing or enjoying some additional outdoor space. More highlights include a side-by-side washer and dryer, two underground tandem parking spaces. This desirable corner-unit is positioned for added privacy and light. Situated in a well-managed, beautifully maintained complex, this home places you just steps from Hillcrest’s vibrant dining, shopping, and entertainment scene, with close proximity to major medical centers and everyday essentials. Turn-key and ready for immediate enjoyment—this is urban living at its finest.

Mortgage Calculator

Est. Monthly Payment

$5,971

Principal & Interest$4,172
Property Tax$825
Insurance$241
HOA$734
%($165,000)
%

Location

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Investment Score

10D
Est. Monthly Rent
$3,302
Monthly Cashflow

Rent − PITIA

$-2,670
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,117

Mortgage (P+I)
$4,172
Cap Rate
0.08%
Cash-on-Cash
-29.94%
DSCR

Need ≥ 1.25 for DSCR loan

0.55
Break-even Rent
$8,648

NOI (Annual)
$660
Price-to-Rent

Lower = better for investors

20.8

* 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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