4235 3rd Ave.
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4235 3rd Ave. #5

D

San Diego, CA 92103

$935,000
NEW — 3d on market

Beds

2

Baths

2.5

Sqft

1,235

Year Built

2008

Days on Market

3

Property Type

Townhouse

HOA/mo

$250

MLS ID

260008801SD

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

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About This Property

Rarely available and tucked within an exclusive boutique community of just six townhomes, this newer construction residence offers the privacy and feel of a single-family home in one of Hillcrest’s most desirable locations. Thoughtfully designed with both comfort and functionality in mind, the home features 2 bedrooms, 2.5 bathrooms, and a versatile entry-level office or mudroom—perfect for today’s flexible lifestyle. The bright and airy main living space is highlighted by soaring 10-foot ceilings, creating an impressive sense of volume and openness rarely found in townhome living. The well-appointed kitchen showcases granite countertops, stainless steel appliances, and seamless flow into the living and dining areas, complete with a cozy fireplace—ideal for both everyday living and entertaining. Upstairs, you’ll find two spacious bedrooms, offering privacy and separation from the main living areas. A private two-car garage adds convenience and additional storage. Located on a quiet, highly sought-after cul-de-sac with permit-only parking, this home offers a peaceful retreat just steps from the vibrant energy of Hillcrest. Enjoy walkable access to top-rated restaurants, coffee shops, nightlife, and nearby hospitals—making it an exceptional opportunity for medical professionals and urban lifestyle seekers alike. With easy freeway access and close proximity to Mission Valley, this location truly offers the best of city living with a rare sense of tranquility.

Mortgage Calculator

Est. Monthly Payment

$6,186

Principal & Interest$4,728
Property Tax$935
Insurance$273
HOA$250
%($187,000)
%

Location

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Investment Score

2D
Est. Monthly Rent
$3,518
Monthly Cashflow

Rent − PITIA

$-2,668
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,256

Mortgage (P+I)
$4,728
Cap Rate
0.61%
Cash-on-Cash
-27.31%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.57
Break-even Rent
$9,046

NOI (Annual)
$5,660
Price-to-Rent

Lower = better for investors

22.1

* 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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