1950 Camino De La Reina
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1950 Camino De La Reina #311

B

San Diego, CA 92108

$559,000
NEW — 6d

Beds

2

Baths

2

Sqft

977

Year Built

1992

Days on Market

6

Property Type

Condo

HOA/mo

$620.82

MLS ID

260016067SD

This property is in San Diego (92108). View neighborhood stats →

About This Property

Step into this inviting top-floor condo in Mission Valley’s highly desirable River Colony community. This 2 bedroom, 2 bath home offers a bright, open layout with a private balcony that extends your living space and brings in abundant natural light. Both bedrooms feature ceiling fans as well as brand-new carpet for a fresh, move-in-ready feel. Adjacent to the kitchen there is additional built-in storage providing convenient and organized space for everyday essentials. The added bonus of in-unit laundry makes daily living even more comfortable. Two dedicated parking spaces in the gated underground garage are located near both the garage entrance and the elevator, an everyday convenience you’ll appreciate. The community offers resort-style amenities including a sparkling pool, relaxing spa, well-equipped fitness center, clubhouse, and beautifully landscaped grounds. With HOA-covered water, sewer, and trash, this home delivers comfort and value. Ideally located in one of San Diego’s most central locations near shopping, dining, and easy trolley and freeway access for commuting throughout San Diego.

Mortgage Calculator

Est. Monthly Payment

$4,169

Principal & Interest$2,827
Property Tax$559
Insurance$163
HOA$621
%($111,800)
%

Location

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Investment Score

34C
Est. Monthly Rent
$2,845
Monthly Cashflow

Rent − PITIA

$-1,324
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,445

Mortgage (P+I)
$2,827
Cap Rate
0.82%
Cash-on-Cash
-26.24%
DSCR

Need ≥ 1.25 for DSCR loan

0.68
Break-even Rent
$6,020

NOI (Annual)
$4,584
Price-to-Rent

Lower = better for investors

16.4

* 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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