8383 Distinctive
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8383 Distinctive

D

San Diego, CA 92108

$1,395,000
NEW — 3d

Soft Appraisal Value: $1,351,500 · 3.2% above estimate

Beds

3

Baths

2

Sqft

1,653

Year Built

2015

Days on Market

3

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 Penthouse located in the sought-after, centrally located & tranquil community of Lucent/Civita! Boasting light filled elegance with clean lines, this 2 story residence comprises 3 bedrooms and 2 spacious bathrooms on the main level with a deck perfect for barbecuing, while the upper level enjoys a family room which opens to the large entertainment deck with fireplace - a lovely, private space to relax. Featuring updated appliances, custom cabinetry, gorgeous wood floors and a beautifully 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 eyrie that is 8383 Distinctive! An additional advantage of ownership in the Lucent community is that its residents enjoy their own private exclusive use pool - 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

$9,547

Principal & Interest$7,054
Property Tax$1,395
Insurance$407
HOA$691
%($279,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$4,411
Monthly Cashflow

Rent − PITIA

$-5,136
Full Cashflow

Incl. vacancy, PM, maint, capex

$-7,313

Mortgage (P+I)
$7,054
Cap Rate
-0.22%
Cash-on-Cash
-31.45%
DSCR

Need ≥ 1.25 for DSCR loan

0.46
Break-even Rent
$13,908

NOI (Annual)
$-3,108
Price-to-Rent

Lower = better for investors

26.4

* 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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