1263 Robinson Avenue San Diego

1263 Robinson Avenue San Diego

D

, CA 92103

$649,000

Beds

2

Baths

2

Sqft

1,046

Year Built

1982

Days on Market

105

Property Type

Condo

HOA/mo

$697

MLS ID

250044263SD

Description

Units in this building rarely come on the market so this one is not to be missed. Located just 10 minutes from San Diego International Airport, less than 10 minutes to downtown, and walking distance to restaurants, grocery stores, shopping hubs, nightlife, Balboa Park and the San Diego Zoo, this unit is located in one of the most central locations in the city. With 2 bedrooms and 2 bathrooms, this corner unit condo is full of natural light from both the north and east sides. You'll find French doors that open up from the dining room and primary bedroom leading to two separate balconies, and another set of French doors in the second bedroom with a juliet balcony facing east. The main living area is spacious and open with plenty of room for a living/TV room and possible work from home space. With in-unit laundry, two gated parking spaces (not tandem) and a storage locker, this is one of the most desirable communities in Hillcrest.

Mortgage Calculator

Est. Monthly Payment

$4,817

Principal & Interest$3,282
Property Tax$649
Insurance$189
HOA$697
%($129,800)
%

Investment Score

6D
Est. Monthly Rent

Market Rent Estimate

$3,307
Monthly Cashflow

Rent − PITI − HOA

$-1,510
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,811

Mortgage (P+I)
$3,282
Cap Rate
0.87%
Cash-on-Cash
-13.96%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

1.01
Break-even Rent
$4,817

NOI (Annual)
$5,647
Price-to-Rent

Lower = better for investors

16.4

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

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