1021 Scott St

1021 Scott St #103

D

San Diego, CA 92106

$412,000

Soft Appraisal Value: $424,600 · 3.0% below estimate

Beds

Baths

1

Sqft

292

Year Built

1980

Days on Market

90

Property Type

Condo

HOA/mo

$401

MLS ID

2600239SD

Description

Completely remodeled entry level unit with full-sized fridge and tub (sold furnished or unfurnished)! This condo is one of the larger sized homes due to it's prime end-unit location, which shares only one wall and is in close proximity to the lobby entrance. Being furthest from the pool, you'll enjoy peace and quiet while sipping coffee or wine on your enclosed, shaded and private patio (very uncommon for this complex). The nearby elevator takes you up one floor to an AIR CONDITIONED gym and rec room with pool table and TV. The community pool is heated and looks out to the marina where there are lounge chairs and seating provided, plus a fire pit. There's also a bike storage locker offered to residents. Enjoy year-round summer at this resort-like complex, just steps from the beach, Yacht Clubs, restaurants and nightlife! It's the perfect purchase for owner occupied or a 2nd home that's short or mid-term rented while away (minimum of 30 days)!

Mortgage Calculator

Est. Monthly Payment

$3,016

Principal & Interest$2,083
Property Tax$412
Insurance$120
HOA$401
%($82,400)
%

Investment Score

7D
Est. Monthly Rent
$2,678
Monthly Cashflow

Rent − PITIA

$-338
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,298

Mortgage (P+I)
$2,083
Cap Rate
2.29%
Cash-on-Cash
-18.90%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.89
Break-even Rent
$4,363

NOI (Annual)
$9,429
Price-to-Rent

Lower = better for investors

12.8

* 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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