4057 1st Avenue

4057 1st Avenue #109

D

San Diego, CA 92103

$929,000
NEW — 4d on market

Beds

2

Baths

2.5

Sqft

1,615

Year Built

2004

Days on Market

4

Property Type

Condo

HOA/mo

$734

MLS ID

260007653SD

View on MLS

Description

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—ideal for comfort and flexibility. The south-facing suite features a sun-drenched balcony, creating a perfect personal retreat. The main level welcomes you with high ceilings and abundant natural light, enhancing the open and airy feel. 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 just a private space. Additional highlights include a side-by-side washer and dryer, two underground tandem parking spaces conveniently located near the elevator, and a desirable corner-unit position 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

$6,631

Principal & Interest$4,698
Property Tax$929
Insurance$271
HOA$734
%($185,800)
%

Investment Score

0D
Est. Monthly Rent
$3,148
Monthly Cashflow

Rent − PITIA

$-3,484
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,982

Mortgage (P+I)
$4,698
Cap Rate
-0.37%
Cash-on-Cash
-32.17%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.47
Break-even Rent
$9,618

NOI (Annual)
$-3,410
Price-to-Rent

Lower = better for investors

24.6

* 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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