1270 Cleveland Ave

1270 Cleveland Ave

D

San Diego, CA 92103

$825,000
NEW — 7d on market

Beds

2

Baths

2

Sqft

1,077

Year Built

1991

Days on Market

7

Property Type

Condo

HOA/mo

$615

MLS ID

PTP2601857

Description

TOP CORNER UNIT – Larger 2 Bedroom / 2 Bathroom 1077 SQ FT condo with private balcony in Uptown District. This top floor unit features a dual-primary layout that could be perfect for a roommate situation. Spacious living room has attached dining area with newer flooring. Large closets in the bedrooms, in unit laundry, 2 spaces in secure garage. The Uptown District offers so much for its residents! Year-round heated pool, spa, dog park, gym, BBQ area and EV charging stations. Attached directly to the Trader Joe’s and Ralph’s shopping center. Conveniently located in the vibrant Hilcrest location. Local shopping, restaurants, coffee, nightlife and the ability to complete your routine errands within a close proximity. Close to major freeways and parks. The Seller is willing to consider a modest credit for carpet and painting.

Mortgage Calculator

Est. Monthly Payment

$5,852

Principal & Interest$4,172
Property Tax$825
Insurance$241
HOA$615
%($165,000)
%

Investment Score

0D
Est. Monthly Rent
$2,141
Monthly Cashflow

Rent − PITI − HOA

$-3,712
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,892

Mortgage (P+I)
$4,172
Cap Rate
-1.05%
Cash-on-Cash
-26.99%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.37
Break-even Rent
$5,853

NOI (Annual)
$-8,639
Price-to-Rent

Lower = better for investors

32.1

* 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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