1261 34th St
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1261 34th St #28

D

San Diego, CA 92102

$729,949

Soft Appraisal Value: $723,800 · 0.8% above estimate

Beds

2

Baths

2.5

Sqft

1,214

Year Built

1982

Days on Market

113

Property Type

Condo

HOA/mo

$575.26

MLS ID

260001336SD

This property is in San Diego (92102). View neighborhood stats →

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About This Property

This property is ideal for a buyer with vision, someone who recognizes the value of major improvements already underway and can appreciate the long-term benefit these high-impact upgrades will bring once completed. Inside, the functional layout features two spacious primary suites, each with its own full bathroom, ideal for military buyers, roommates, or shared living situations. Whether you’re looking to offset your mortgage with a roommate or create a comfortable setup for visiting family, this floor plan offers flexibility and privacy. A convenient half bath downstairs adds to everyday ease. Fresh interior paint and newly replaced carpet create a clean, move-in-ready feel while offering a great foundation to make the space your own. The private backyard provides space to relax, entertain, or enjoy San Diego’s outdoor lifestyle. A direct-access 2-car garage adds both convenience and storage. The property already features a brand-new roof, with additional upgrades in progress, including gutters, electrical panel, windows, doors, and HVAC—helping reduce future maintenance concerns. VA buyers welcome. VA loan-friendly, and ideally located just minutes from Balboa Park, the San Diego Zoo, Downtown, Coronado Beach, and with convenient access to major military bases and freeways. With improvements already underway and thoughtful updates in place, this home presents an opportunity for buyers ready to act and take advantage of its current stage. A great opportunity to own a home with space, flexibility, and improvements already in motion.

Mortgage Calculator

Est. Monthly Payment

$5,209

Principal & Interest$3,691
Property Tax$730
Insurance$213
HOA$575
%($145,990)
%

Location

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Investment Score

22D
Est. Monthly Rent
$3,212
Monthly Cashflow

Rent − PITIA

$-1,997
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,344

Mortgage (P+I)
$3,691
Cap Rate
0.57%
Cash-on-Cash
-27.49%
DSCR

Need ≥ 1.25 for DSCR loan

0.62
Break-even Rent
$7,555

NOI (Annual)
$4,161
Price-to-Rent

Lower = better for investors

18.9

* 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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