4076 Illinois Street
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4076 Illinois Street #3

B

San Diego, CA 92104

$525,000
NEW — 3d

Soft Appraisal Value: $520,500 · 0.9% above estimate

Beds

2

Baths

1

Sqft

818

Year Built

1964

Days on Market

3

Property Type

Condo

HOA/mo

$488

MLS ID

260013603SD

This property is in San Diego (92104). View neighborhood stats →

About This Property

Welcome to 4076 Illinois St. #3 in desirable NORTH PARK! Situated in a prime area of North Park where all the trendy shops, bars, restaurants, and groceries are all within blocks, yet your new home feels secluded and tucked away. Walk Score® 97. This 2bd/1ba unit has a spacious open floorplan with over 800 sq ft. Brand new oak-colored waterproof LVP flooring throughout makes the home feel cohesive and luxurious. Central heat and A/C! The kitchen has modern cabinets and countertops with stainless steel appliances: double-door refrigerator with icemaker, glass top stove/range, over-range microwave, and dishwasher. Dining room space next to big picture window you can make your own! The hallway includes a pantry with built-in shelving and a large coat/storage closet. An extra storage room (approx. 5x7') in the front of the building also belongs with the unit! The bathroom has a beautiful tiled shower/tub combo and convenient in-unit laundry with an all-in-one washer/dryer. Both bedrooms feature large windows and huge mirrored closets. One assigned parking space off the alley is deeded with the unit. HOA fee includes water, trash, and landscaping. Cute mid-century building with beautiful greenery and landscaping has had tons of upgrades in the last 5 years - new roof, upgraded electrical, water heater, and new plumbing! Gated entries in the front and back.

Mortgage Calculator

Est. Monthly Payment

$3,821

Principal & Interest$2,655
Property Tax$525
Insurance$153
HOA$488
%($105,000)
%

Location

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Investment Score

50B
Est. Monthly Rent
$3,071
Monthly Cashflow

Rent − PITIA

$-750
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,894

Mortgage (P+I)
$2,655
Cap Rate
1.74%
Cash-on-Cash
-21.64%
DSCR

Need ≥ 1.25 for DSCR loan

0.80
Break-even Rent
$5,530

NOI (Annual)
$9,134
Price-to-Rent

Lower = better for investors

14.2

* 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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