120 Island Ave

120 Island Ave #332

D

San Diego, CA 92101

$414,999

Soft Appraisal Value: $797,800 · 48.0% below estimate

Beds

Baths

1

Sqft

695

Year Built

2002

Days on Market

24

Property Type

Condo

HOA/mo

$623

MLS ID

260004317SD

Description

Beautiful condo located in the desirable Marina District. This bright residence features soaring ceilings, expansive windows, and a private patio overlooking a serene courtyard. Recent upgrades include luxury vinyl plank flooring, fresh interior paint, and a newer A/C unit. The kitchen is appointed with stainless steel appliances, granite countertops, and a brand-new dishwasher. Additional features include a full-size in-unit washer and dryer, custom walk-in closet, and secure underground parking. Community amenities include a rooftop BBQ area and fitness center. Pet-friendly complex with excellent walkability to shopping, dining, and the waterfront. Conveniently located near Ralphs, CVS, and Seaport Village.

Mortgage Calculator

Est. Monthly Payment

$3,258

Principal & Interest$2,098
Property Tax$415
Insurance$121
HOA$623
%($83,000)
%

Investment Score

5D
Est. Monthly Rent
$2,697
Monthly Cashflow

Rent − PITIA

$-560
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,527

Mortgage (P+I)
$2,098
Cap Rate
1.65%
Cash-on-Cash
-22.07%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.83
Break-even Rent
$4,680

NOI (Annual)
$6,862
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.

Get Expert AnalysisOpen Full Calculator