1235 Parker Place

1235 Parker Place

D

San Diego, CA 92109

$1,089,000

Soft Appraisal Value: $985,500 · 10.5% above estimate

Beds

3

Baths

2

Sqft

1,136

Year Built

1974

Days on Market

12

Property Type

Condo

HOA/mo

$645

MLS ID

260006256SD

Description

Rare opportunity to own a 3-bedroom, 2-bath single-level condo in a direct bayfront complex in the heart of Pacific Beach. Located at 1235 Parker Place #2H, this hard-to-find floor plan offers comfortable single-level living just steps from the sand of Sail Bay and only a short stroll to the Ocean. 2 parking spots with storage, updated bathrooms and an ideal layout makes this unit a must see

Mortgage Calculator

Est. Monthly Payment

$7,558

Principal & Interest$5,507
Property Tax$1,089
Insurance$318
HOA$645
%($217,800)
%

Investment Score

3D
Est. Monthly Rent
$4,979
Monthly Cashflow

Rent − PITI − HOA

$-2,580
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,632

Mortgage (P+I)
$5,507
Cap Rate
0.96%
Cash-on-Cash
-25.52%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.66
Break-even Rent
$10,995

NOI (Annual)
$10,492
Price-to-Rent

Lower = better for investors

18.2

* 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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