If one bought a 3/3 condo in Carmel Valley in say 2001, it would have cost maybe around $330k. And it would be worth $600k today…..

$3k is probably reaching for rent, probably closer to $2800/month for a 3/3.

As far as netting $1k a month, well it depends on how much operating cost he has and whether he owns outright..

But his entire story is suspect, considering now he admits 70-80% of that $1million net worth was from an inheritance….Not saying there aren’t under 30 millionaires..Plenty of them in the bay area…
But he isn’t one of them…