8383 Distinctive
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8383 Distinctive

C

San Diego, CA 92108

$1,349,000

Soft Appraisal Value: $1,316,600 · 2.5% above estimate

Beds

3

Baths

2

Sqft

1,653

Year Built

2015

Days on Market

48

Property Type

Condo

HOA/mo

$691

MLS ID

NDP2605002

This property is in San Diego (92108). View neighborhood stats →

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About This Property

Welcome home to this immaculate and light-filled Penthouse located in the sought-after community of Lucent/Civita! Features include a spacious Great Room, 3 bedrooms, 2 baths, laundry room & a deck perfect for barbecuing, all on the main floor while the upper level offers a flexible space/room suitable for use as the family room/home office which opens to a large entertainment deck with fireplace - a lovely, private space to relax. Featuring updated appliances, custom cabinetry, gorgeous wood floors and a thoughtfully designed floor plan, this is truly move-in ready! The large 2 car garage offers ample storage and is conveniently located beside the lobby, from which the elevator whisks you up to your own private retreat that is 8383 Distinctive! An additional advantage of ownership in the Lucent community is that residents enjoy their own private exclusive use pool & spa - no need to leave home to swim and sunbathe! Simultaneously, enjoy ALL the amenities of the Civita Master Planned Community's luxurious resort-style Recreation Center including pools, fitness center, yoga and the park and playground close by! Nipaquay Elementary School is also conveniently located within a short distance and the airport, beaches, shopping and downtown are all within easy reach.

Mortgage Calculator

Est. Monthly Payment

$9,255

Principal & Interest$6,821
Property Tax$1,349
Insurance$393
HOA$691
%($269,800)
%

Location

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Investment Score

3D
Est. Monthly Rent
$5,118
Monthly Cashflow

Rent − PITIA

$-4,136
Full Cashflow

Incl. vacancy, PM, maint, capex

$-6,438

Mortgage (P+I)
$6,821
Cap Rate
0.34%
Cash-on-Cash
-28.63%
DSCR

Need ≥ 1.25 for DSCR loan

0.55
Break-even Rent
$13,478

NOI (Annual)
$4,604
Price-to-Rent

Lower = better for investors

22.0

* 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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