1021 Scott Street

1021 Scott Street #256

D

San Diego, CA 92106

$535,000

Beds

Baths

1

Sqft

370

Year Built

1980

Days on Market

89

Property Type

Condo

HOA/mo

$411

MLS ID

2600329SD

Description

Your Coastal Lifestyle Starts Here – 1021 Scott Street, Unit 256 Live the San Diego coastal dream in this beautifully updated studio in Point Loma’s sought-after La Playa neighborhood. Located just steps from Bessemer Path and La Playa Bayfront Beach, this home offers an unbeatable opportunity to enjoy waterfront living in a well-established community. Inside, you’ll find a modern kitchen and bath with stone countertops, stainless steel appliances, and custom closet systems, along with laminate flooring, recessed lighting, and energy-efficient updates. Floor-to-ceiling windows bring in natural light and showcase views of the bay, pool, city skyline, and neighborhood lights. A private patio extends your living space outdoors—perfect for morning coffee, evening unwinding, or casual entertaining (BBQ-friendly). The community features resort-style amenities, including a heated pool, fitness center, resident lounge, billiards room, bike and kayak storage, and secure underground parking near the elevator. Washer/dryer installation is permitted with HOA approval. Whether you’re buying your first coastal home, downsizing, or looking for a low-maintenance beachside escape, Unit 256 offers location, lifestyle, and comfort at an accessible entry point into bayside living. Preliminary Reports available 2025 Termite Report available

Mortgage Calculator

Est. Monthly Payment

$3,807

Principal & Interest$2,705
Property Tax$535
Insurance$156
HOA$411
%($107,000)
%

Comparable Properties

1 comp found

This Property

$3,478

vs

Comp Average

$2,961

Comps based on same zip code, similar beds (±1), price range (60-150%).

Investment Score

9D
Est. Monthly Rent
$3,478
Monthly Cashflow

Rent − PITIA

$-329
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,575

Mortgage (P+I)
$2,705
Cap Rate
2.54%
Cash-on-Cash
-17.66%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.91
Break-even Rent
$5,523

NOI (Annual)
$13,563
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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