1021 Scott Street

1021 Scott Street #122

D

San Diego, CA 92106

$350,000

Soft Appraisal Value: $424,600 · 17.6% below estimate

Beds

Baths

1

Sqft

233

Year Built

1980

Days on Market

84

Property Type

Condo

HOA/mo

$377

MLS ID

PTP2600289

Description

The MOST AFFORDABLE opportunity in all of Point Loma! A light and bright unit located in one of San Diego’s most desirable waterfront communities. This well-designed unit offers a convenient layout with a sliding glass door opening to your own private balcony, perfect for enjoying coastal breezes, and is set within a private gated community that provides both comfort and peace of mind. Residents enjoy excellent community amenities, including a pool, fitness center, billiards room, office or workspace, and a stylish, presentable lounge ideal for relaxing or entertaining. Just steps from Shelter Island, you are within walking distance to marinas, boating, water sports, beaches, waterfront dining, Humphreys, Kona Kai, and scenic coastal paths, with easy access to Downtown San Diego, the airport, and Liberty Station. Whether you are searching for a primary residence, second home, or coastal San Diego investment, this unit delivers unbeatable value, lifestyle, and location in the heart of Point Loma.

Mortgage Calculator

Est. Monthly Payment

$2,599

Principal & Interest$1,770
Property Tax$350
Insurance$102
HOA$377
%($70,000)
%

Investment Score

7D
Est. Monthly Rent
$2,275
Monthly Cashflow

Rent − PITIA

$-324
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,139

Mortgage (P+I)
$1,770
Cap Rate
2.16%
Cash-on-Cash
-19.52%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.88
Break-even Rent
$3,754

NOI (Annual)
$7,573
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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