1278 Pacific Beach
1 / 20

1278 Pacific Beach #3

D

San Diego, CA 92109

$949,900
NEW — 0d

Beds

2

Baths

2

Sqft

1,032

Year Built

1974

Days on Market

0

Property Type

Condo

HOA/mo

$500

MLS ID

260012959SD

This property is in San Diego (92109). View neighborhood stats →

About This Property

Dwell West proudly presents this beautifully renovated, elevator-served, 2nd floor Pacific Beach condo. Ideally located just blocks from the sand, this move-in ready unit also has TWO dedicated parking spots - including a 1-car garage; a rare find in Pacific Beach. This is a perfect opportunity for a primary residence, vacation getaway, or investment property. Short-term rentals are currently unrestricted by the HOA! Inside, you’ll find in-unit laundry, fresh interior paint, new luxury vinyl plank flooring throughout, updated doors and hardware, mirrored closet doors in the bedrooms, and all-new lighting including recessed can lighting, modern fixtures, and ceiling fans. The home also features new dual-pane windows, and three new electric wall heaters. The fully renovated kitchen showcases white oak shaker cabinetry, quartz countertops, a new sink and fixtures, stainless steel appliances, and a garbage disposal—designed for both style and functionality. The spacious primary suite features an upgraded bathroom with a new vanity, modern fixtures, and a beautifully tiled walk-in shower. The secondary bathroom has also been fully refreshed with a new vanity, upgraded fixtures, and a new acrylic shower/tub combination. Located in an 8-unit gated and self-managed building, the property offers privacy and a close-knit community feel. Head-up to the rooftop deck to take in unforgettable sunsets, peek ocean views, and front-row seats to SeaWorld's summer fireworks. A rare opportunity to own a freshly updated coastal retreat in one of San Diego’s most sought-after beach communities.

Mortgage Calculator

Est. Monthly Payment

$6,530

Principal & Interest$4,803
Property Tax$950
Insurance$277
HOA$500
%($189,980)
%

Location

Loading map...

Investment Score

11D
Est. Monthly Rent
$3,782
Monthly Cashflow

Rent − PITIA

$-2,748
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,410

Mortgage (P+I)
$4,803
Cap Rate
0.50%
Cash-on-Cash
-27.85%
DSCR

Need ≥ 1.25 for DSCR loan

0.58
Break-even Rent
$9,509

NOI (Annual)
$4,724
Price-to-Rent

Lower = better for investors

20.9

* 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.

Get Expert AnalysisOpen Full Calculator