1235 Parker Pl San Diego

1235 Parker Pl San Diego

D

, CA 92109

$1,149,000

Beds

2

Baths

2

Sqft

875

Year Built

1974

Days on Market

36

Property Type

Condo

HOA/mo

$645

MLS ID

260001945SD

Description

Fully renovated and thoughtfully updated, this home offers modern coastal living just steps from the sand in the sought-after Bayfront Santa Susanna community of Pacific Beach. This stylish single-story 2-bedroom, 2-bath residence features a bright, open layout that flows seamlessly between the living, dining, and kitchen spaces. Contemporary finishes are showcased throughout, including an updated kitchen with stainless steel appliances, and direct access to a private balcony with corridor bay views, perfect for enjoying coastal breezes. Both bathrooms have been tastefully upgraded, and the generously sized bedrooms include a private primary suite with ample closet space. The well-maintained building is ideally located in the Sail Bay neighborhood at the north end of the Bayside Boardwalk, offering a true beachside lifestyle. Additional highlights include two underground parking spaces, a swimming pool, extra storage, and a community barbecue area. Just minutes to downtown Pacific Beach dining, shopping, and convenient freeway access. This turnkey home delivers refined comfort in an unbeatable location.

Mortgage Calculator

Est. Monthly Payment

$7,939

Principal & Interest$5,810
Property Tax$1,149
Insurance$335
HOA$645
%($229,800)
%

Investment Score

7D
Est. Monthly Rent

Market Rent Estimate

$5,482
Monthly Cashflow

Rent − PITI − HOA

$-2,457
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,675

Mortgage (P+I)
$5,810
Cap Rate
1.19%
Cash-on-Cash
-12.83%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.94
Break-even Rent
$7,939

NOI (Annual)
$13,616
Price-to-Rent

Lower = better for investors

17.5

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

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