4057 1st Avenue

4057 1st Avenue #107

D

San Diego, CA 92103

$900,000

Soft Appraisal Value: $886,100 · 1.6% above estimate

Beds

2

Baths

2.5

Sqft

1,617

Year Built

2004

Days on Market

20

Property Type

Condo

HOA/mo

$734

MLS ID

PTP2601693

Description

Imagine yourself thriving in the vibrant and diverse Hillcrest & Mission Hills neighborhoods when you own this generously sized and thoughtfully appointed home! Parking for two vehicles in the gated underground garage is a significant asset because, once home, you'll find yourself a stone's throw away from fabulous food, nightlife, entertainment, shopping, and outdoor living. Unit 107 boasts new flooring and interior paint, recessed lighting downstairs, and a private patio just off the huge kitchen. The soaring ceilings offer a sense of elegance and many areas to showcase your favorite art and collectibles. Wellington Square is lovingly maintained, as evidenced by its lush landscaping and personalized attention. Welcome HOME.

Mortgage Calculator

Est. Monthly Payment

$6,447

Principal & Interest$4,551
Property Tax$900
Insurance$262
HOA$734
%($180,000)
%

Investment Score

15D
Est. Monthly Rent
$5,505
Monthly Cashflow

Rent − PITI − HOA

$-942
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,958

Mortgage (P+I)
$4,551
Cap Rate
2.12%
Cash-on-Cash
-6.28%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.85
Break-even Rent
$6,447

NOI (Annual)
$19,114
Price-to-Rent

Lower = better for investors

13.6

* 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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