1235 Parker Place

1235 Parker Place

D

San Diego, CA 92109

$999,900

Beds

2

Baths

2

Sqft

788

Year Built

1974

Days on Market

83

Property Type

Condo

HOA/mo

$645

MLS ID

PTP2509080

Description

Right off the boardwalk and overlooking Sail Bay, next to Fanuel Park, is a move in ready dual primary condo. This condo has upgraded floors throughout, no one above you, and balcony. Both the bathrooms and kitchen have been renovated to today's styles. The frosted glass helps you maintain a comfortable level of privacy. Take a dip or relax in the pool as you watch the sunset or the recreation taking part in the bay. Close proximity to Pacific beach and Mission Beach means you are close to it all. Secure common garage with assigned spot and storage. Whether it's the surf, recreation, yacht clubs, Seaworld, or the bars you are never far. Come see this gem for yourself today and see what lifestyle. ( Some of the photos were virtually staged )

Mortgage Calculator

Est. Monthly Payment

$6,993

Principal & Interest$5,056
Property Tax$1,000
Insurance$292
HOA$645
%($199,980)
%

Investment Score

2D
Est. Monthly Rent

Market Rent Estimate

$3,978
Monthly Cashflow

Rent − PITI − HOA

$-3,015
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,763

Mortgage (P+I)
$5,056
Cap Rate
0.35%
Cash-on-Cash
-18.09%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.79
Break-even Rent
$6,993

NOI (Annual)
$3,515
Price-to-Rent

Lower = better for investors

20.9

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

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