8642 Converse
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8642 Converse

C

San Diego, CA 92123

$899,000
NEW — 4d

Soft Appraisal Value: $890,400 · 1.0% above estimate

Beds

4

Baths

2.5

Sqft

1,532

Year Built

1985

Days on Market

4

Property Type

Condo

HOA/mo

$438.6

MLS ID

260016642SD

This property is in San Diego (92123). View neighborhood stats →

About This Property

Perched along a peaceful canyon bluff in the heart of San Diego, this beautifully updated townhome-style condo offers the perfect blend of modern living, privacy, and convenience. Featuring 4 bedrooms, 2.5 bathrooms, and approximately 1,532 square feet, this spacious home lives like a detached residence with only one shared wall, an attached two-car garage, and no neighbors directly behind. Our feature favorite is the immense amount of storage space, EVERYWHERE! Inside, you'll find an open-concept floor plan designed for both everyday living and entertaining. The main living area is filled with natural light from oversized windows and features high ceilings that create an open, airy feel. The kitchen seamlessly connects to the dining and living spaces before opening onto a private patio overlooking the canyon, an ideal setting for morning coffee, outdoor dining, or simply enjoying the peaceful views. Upstairs, the primary suite is enhanced by vaulted ceilings, creating a spacious retreat at the end of the day, while generous storage throughout the home provides functionality that's hard to find. Centrally located in Serra Mesa, the home is minutes from the I-8 and I-805 freeways, giving easy access to anywhere in San Diego. The home rests on a quiet street that ends in a cul-de-sac, the home offers a safe, low-traffic environment perfect for children, pets, and neighbors to enjoy. Just minutes away, you'll find Murray Ridge Park, the popular Bear Buns Bakery, Civita Park, Ralphs, Costco, shopping, dining, and all the conveniences of Mission Valley.

Mortgage Calculator

Est. Monthly Payment

$6,146

Principal & Interest$4,546
Property Tax$899
Insurance$262
HOA$439
%($179,800)
%

Location

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Investment Score

22D
Est. Monthly Rent
$4,040
Monthly Cashflow

Rent − PITIA

$-2,105
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,784

Mortgage (P+I)
$4,546
Cap Rate
1.02%
Cash-on-Cash
-25.25%
DSCR

Need ≥ 1.25 for DSCR loan

0.66
Break-even Rent
$8,954

NOI (Annual)
$9,144
Price-to-Rent

Lower = better for investors

18.5

* 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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