2020 Camino De La Reina
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2020 Camino De La Reina #2308

C

San Diego, CA 92108

$599,000
NEW — 4d

Soft Appraisal Value: $592,900 · 1.0% above estimate

Beds

2

Baths

2

Sqft

1,006

Year Built

1992

Days on Market

4

Property Type

Condo

HOA/mo

$630

MLS ID

PTP2603888

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

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About This Property

TOP FLOOR, HIGHLY DESIRABLE RIVER COLONY UNIT in the heart of Mission Valley! This upgraded and turnkey 2-bedroom, 2-bathroom condo offers the perfect blend of comfort, style, and convenience in one of San Diego’s most sought-after communities. Spanning 1,006 sq ft, this single-level residence features a bright open floor plan filled with natural light, fresh paint, clean carpets, and a cozy real wood-burning fireplace. The upgraded kitchen showcases granite countertops, wood cabinetry, and stainless steel appliances, including a stove, dishwasher, microwave, refrigerator, and in-unit washer and dryer. Both bathrooms have also been tastefully updated with wood cabinetry and granite counters. A spacious private balcony creates the perfect space to relax or entertain. Additional highlights include two assigned parking spaces in the gated underground garage along with generous storage throughout the home. River Colony residents enjoy resort-style amenities including a pool, spa, fitness center, clubhouse, and beautifully maintained grounds located along the banks of the San Diego River. The HOA also covers water, sewer, trash, exterior maintenance, and limited insurance, creating exceptional value and low-maintenance living. Ideally located within walking distance to trolley access, shopping, dining, movie theaters, and Mission Valley Center, this prime location also offers quick freeway access for seamless commuting throughout San Diego. A true must-see opportunity in one of Mission Valley’s most convenient and vibrant communities.

Mortgage Calculator

Est. Monthly Payment

$4,433

Principal & Interest$3,029
Property Tax$599
Insurance$175
HOA$630
%($119,800)
%

Location

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Investment Score

33C
Est. Monthly Rent
$3,035
Monthly Cashflow

Rent − PITIA

$-1,398
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,595

Mortgage (P+I)
$3,029
Cap Rate
0.87%
Cash-on-Cash
-25.99%
DSCR

Need ≥ 1.25 for DSCR loan

0.68
Break-even Rent
$6,405

NOI (Annual)
$5,205
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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