4381 Oregon St
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4381 Oregon St #8

C

San Diego, CA 92104

$549,000
NEW — 1d

Soft Appraisal Value: $547,000 · 0.4% above estimate

Beds

2

Baths

1

Sqft

824

Year Built

1959

Days on Market

1

Property Type

Condo

HOA/mo

$275

MLS ID

260011209SD

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

About This Property

Perfectly positioned in the heart of vibrant North Park bordering sought-after University Heights, this top-floor corner residence offers the ideal blend of urban convenience and neighborhood charm. Located within a gated community with only one shared wall, the home is filled with natural light and welcomes you with an open, easy-flowing floor plan designed for comfortable everyday living. The updated kitchen features stainless steel appliances, gas cooking, abundant cabinetry, and seamless connection to the inviting dining space, while the living room overlooks a beautifully manicured private gated courtyard accented with designer stamped concrete. Thoughtfully updated, this move-in ready home also features dual-pane windows, new interior paint, vinyl plank flooring, ceiling fans, a new refrigerator and range, generous storage, and an assigned parking space. Two spacious bedrooms and an updated bath complete the interior, while an additional storage closet offers the ideal opportunity for future washer and dryer hook-ups. Enjoy an unbeatable central location just moments from some of San Diego’s most beloved cafés, restaurants, boutiques, parks, and entertainment destinations, with close proximity to Balboa Park, Morley Field, Downtown, Mission Valley shopping, trolley access, and convenient access to the 163, 8, and 805 freeways. Low HOA dues include water, offering exceptional value and effortless living. All PVC plumbing and updated electrical! An incredible opportunity not to be missed.

Mortgage Calculator

Est. Monthly Payment

$3,760

Principal & Interest$2,776
Property Tax$549
Insurance$160
HOA$275
%($109,800)
%

Location

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Investment Score

42C
Est. Monthly Rent
$2,642
Monthly Cashflow

Rent − PITIA

$-1,118
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,183

Mortgage (P+I)
$2,776
Cap Rate
1.30%
Cash-on-Cash
-23.86%
DSCR

Need ≥ 1.25 for DSCR loan

0.70
Break-even Rent
$5,477

NOI (Annual)
$7,114
Price-to-Rent

Lower = better for investors

17.3

* 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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