1195 Spruce St
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1195 Spruce St

B

San Diego, CA 92103

$875,000
NEW — 1d

Soft Appraisal Value: $859,900 · 1.8% above estimate

Beds

3

Baths

2.5

Sqft

1,192

Year Built

2003

Days on Market

1

Property Type

Condo

HOA/mo

$285

MLS ID

260014134SD

This property is in San Diego (92103). View neighborhood stats →

About This Property

— Welcome to Terracina — one of San Diego's best-kept secrets. Nestled in the heart of Middletown/South Mission Hills, this rarely available 3-bedroom, 2.5-bath townhome has been thoughtfully updated and is move-in ready. With only a handful of 3-bedroom units in the entire community, opportunities like this don't come around often. The 2-level floor plan lives beautifully — enter through your private patio into the open-concept living and dining area with soaring 9-foot ceilings and new wood flooring that flows throughout the home. Upstairs, the primary suite is a true retreat featuring custom built-ins, a walk-in closet, and a beautifully remodeled en-suite bath. Two additional bedrooms share a second remodeled bath on the top floor, while a powder room off the living room is perfect for guests. The attached one-car garage includes a private driveway for a second vehicle — a true luxury in this zip code. Low-maintenance living is built in with an HOA that covers exterior upkeep, landscaping, roof maintenance, trash, and termite — all for just ~$285/month. Location is everything here: you're minutes from Little Italy, downtown San Diego, Balboa Park, Hillcrest, the airport, and the waterfront. Walk to dining, hop on the trolley, or be on I-5 in seconds. This is Middletown living at its finest — don't miss your chance.

Mortgage Calculator

Est. Monthly Payment

$5,840

Principal & Interest$4,424
Property Tax$875
Insurance$255
HOA$285
%($175,000)
%

Location

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Investment Score

34C
Est. Monthly Rent
$4,245
Monthly Cashflow

Rent − PITIA

$-1,594
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,300

Mortgage (P+I)
$4,424
Cap Rate
1.54%
Cash-on-Cash
-22.63%
DSCR

Need ≥ 1.25 for DSCR loan

0.73
Break-even Rent
$8,531

NOI (Annual)
$13,494
Price-to-Rent

Lower = better for investors

17.2

* 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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