4090 Falcon St.
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4090 Falcon St. #2A

D

San Diego, CA 92103

$589,000
NEW — 2d

Beds

1

Baths

1.5

Sqft

812

Year Built

1963

Days on Market

2

Property Type

Condo

HOA/mo

$415

MLS ID

260010739SD

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

About This Property

Tucked into the coveted Mission Hills neighborhood, this move-in-ready condo is a true hidden gem, a most desirable, central location! Set in a quaint, gated 10-unit stucco community, the home offers a peaceful, park-like setting—right next door to the W. Lewis Street mini-park overlooking Dove Canyon—perfect for relaxing on nearby benches, enjoying lush canyon views, and spotting local birds. Inside, the flexible 2nd-level floor plan lives larger than expected with one bedroom plus a den/bonus room—see supplement below ideal for a home office, oversized dining area, or guest space—along with one full bath and a convenient half bath. Natural light pours in through abundant windows, and the home stays comfortably cool with an easy cross-breeze. Enjoy morning coffee or evening sunsets from your private balcony, and appreciate everyday comforts like in-unit washer and dryer and a private, assigned parking space. The kitchen is equipped with a gas range, granite countertops, and great lighting, while laminate flooring runs throughout most of the home with new carpet in the bedroom. Ceiling fans add comfort and style, rounding out a clean, well-cared-for space that’s ready for its next owner. Conveniently close to the 5 Freeway, the airport, San Diego Bay, and coastal destinations, this location makes commuting and weekend adventures effortless. You’ll also love being within walking distance to popular shops and restaurants, with easy access to UC San Diego and Scripps hospitals. If you’ve been looking for a serene retreat in the heart of it it all, this Mission Hills condo checks all of the boxes.

Mortgage Calculator

Est. Monthly Payment

$4,154

Principal & Interest$2,978
Property Tax$589
Insurance$172
HOA$415
%($117,800)
%

Location

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Investment Score

20D
Est. Monthly Rent
$2,130
Monthly Cashflow

Rent − PITIA

$-2,024
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,005

Mortgage (P+I)
$2,978
Cap Rate
-0.05%
Cash-on-Cash
-30.61%
DSCR

Need ≥ 1.25 for DSCR loan

0.51
Break-even Rent
$6,033

NOI (Annual)
$-321
Price-to-Rent

Lower = better for investors

23.0

* 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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