1235 Parker Pl
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1235 Parker Pl #2B

D

San Diego, CA 92109

$1,099,000
NEW — 1d

Soft Appraisal Value: $1,076,600 · 2.1% above estimate

Beds

2

Baths

2

Sqft

875

Year Built

1974

Days on Market

1

Property Type

Condo

HOA/mo

$645

MLS ID

260009936SD

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

About This Property

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

$7,622

Principal & Interest$5,557
Property Tax$1,099
Insurance$321
HOA$645
%($219,800)
%

Location

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Investment Score

0D
Est. Monthly Rent
$3,581
Monthly Cashflow

Rent − PITIA

$-4,041
Full Cashflow

Incl. vacancy, PM, maint, capex

$-5,781

Mortgage (P+I)
$5,557
Cap Rate
-0.24%
Cash-on-Cash
-31.56%
DSCR

Need ≥ 1.25 for DSCR loan

0.47
Break-even Rent
$11,088

NOI (Annual)
$-2,682
Price-to-Rent

Lower = better for investors

25.6

* 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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