1568 Thomas Ave

1568 Thomas Ave

D

San Diego, CA 92109

$995,000

Soft Appraisal Value: $981,500 · 1.4% above estimate

Beds

3

Baths

2

Sqft

1,268

Year Built

1985

Days on Market

25

Property Type

Condo

HOA/mo

$305

MLS ID

260005021SD

View on MLS

Description

Amazing opportunity to own a light and bright 3-bedroom, 2.5-bath townhome in the heart of Pacific Beach. This well-designed home offers an open-concept kitchen that flows seamlessly into the living area, perfect for everyday living and entertaining. One bedroom is conveniently located on the main level, with two additional bedrooms upstairs with vaulted ceilings. Enjoy the ultimate PB lifestyle—walk or bike to the beach, bay, shops, yoga studios, and Trader Joe’s. Additional highlights include two-car parking, air conditioning and extra storage. An ideal primary residence, second home, or investment in one of San Diego’s most sought-after coastal neighborhoods.

Mortgage Calculator

Est. Monthly Payment

$6,621

Principal & Interest$5,031
Property Tax$995
Insurance$290
HOA$305
%($199,000)
%

Investment Score

5D
Est. Monthly Rent
$4,932
Monthly Cashflow

Rent − PITI − HOA

$-1,689
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,653

Mortgage (P+I)
$5,031
Cap Rate
1.66%
Cash-on-Cash
-22.03%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.74
Break-even Rent
$9,676

NOI (Annual)
$16,542
Price-to-Rent

Lower = better for investors

16.8

* 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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