1199 Pacific Hwy San Diego

1199 Pacific Hwy San Diego

D

, CA 92101

$1,139,900

Beds

2

Baths

2

Sqft

1,447

Year Built

2004

Days on Market

9

Property Type

Condo

HOA/mo

$1,852

MLS ID

260004214SD

Description

Step into luxury in this spacious 2 bedroom + den/bonus room as office or guest room. Large south facing balcony extends the living space with all day light and a full view of the 80 foot lap pool. Beautiful new wide plank light LVT flooring compliments modern light grey paint. Spacious kitchen with large GE Monogram refrigerator, gas burner cooktop with modern hood and barstool seating. Generous closet and storage space in unit with extra storage area in basement. 4th floor living provides quick access to ground floor fitness center, steam room and dry sauna, community party room and 24/7 concierge/security, package room and guest suite. Turnkey move in ready with all furnishings negotiable. 2 assigned tandem parking spaces in gate access garage under the community.

Mortgage Calculator

Est. Monthly Payment

$9,088

Principal & Interest$5,764
Property Tax$1,140
Insurance$332
HOA$1,852
%($227,980)
%

Investment Score

0D
Est. Monthly Rent

Market Rent Estimate

$5,231
Monthly Cashflow

Rent − PITI − HOA

$-3,857
Full Cashflow

Incl. vacancy, PM, maint, capex

$-6,010

Mortgage (P+I)
$5,764
Cap Rate
-0.26%
Cash-on-Cash
-20.30%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.91
Break-even Rent
$9,088

NOI (Annual)
$-2,951
Price-to-Rent

Lower = better for investors

18.2

* Defaults: 20% down, 6.5% rate, 30yr.

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