1225 Pacific Beach Dr.

1225 Pacific Beach Dr. #1-O

C

San Diego, CA 92109

$995,000

Beds

2

Baths

1.5

Sqft

952

Year Built

1975

Days on Market

45

Property Type

Condo

HOA/mo

$350

MLS ID

260010698SD

This property is in San Diego (92109). View neighborhood stats →

Virtual Tour

About This Property

Welcome home to this beautifully remodeled condo just two blocks from the bay! From the moment you enter, you will feel the expansive living space throughout the main floor to include dining, living, lots of kitchen storage, large living area, and a half bath. The space continues on out to the patio for an even larger feel to the living space. Great for entertaining! Gorgeous custom cabinetry, countertops, stainless steel integrated prepping sink with custom cutting board. Tile and laminate flooring, recessed lighting, designer tile in bathrooms. Large kitchen island with floating stainless steel vent over the five burner induction cook top. New stainless steel refrigerator, dishwasher, wall oven, and microwave. Upstairs to the two bedrooms, each with custom recessed wall inlets. The main bathroom includes a gorgeous open entry style shower with a rain showerhead and separate sprayer. Community pool. Enjoy the close proximity to Fanuel St Park with Volleyball and playground, Boardwalk for walking/biking, Sail Bay for paddleboarding, kayaking. Not far from Mission Beach boardwalk, restaurants, coffee shops, pubs, Trader Joe's, and gym's.

Mortgage Calculator

Est. Monthly Payment

$6,666

Principal & Interest$5,031
Property Tax$995
Insurance$290
HOA$350
%($199,000)
%

Location

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Investment Score

3D
Est. Monthly Rent
$3,423
Monthly Cashflow

Rent − PITIA

$-3,243
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,860

Mortgage (P+I)
$5,031
Cap Rate
0.21%
Cash-on-Cash
-29.30%
DSCR

Need ≥ 1.25 for DSCR loan

0.51
Break-even Rent
$9,734

NOI (Annual)
$2,059
Price-to-Rent

Lower = better for investors

24.2

* 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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