2125 Grand Ave.

2125 Grand Ave.

D

San Diego, CA 92109

$1,249,000

Soft Appraisal Value: $1,251,300 · 0.2% below estimate

Beds

3

Baths

3.5

Sqft

1,644

Year Built

2004

Days on Market

9

Property Type

Condo

HOA/mo

$150

MLS ID

260006619SD

View on MLS

Description

Wonderful opportunity for an owner-occupant or investor! Located just five blocks from the bay, this lovely condo features 3 good sized bedrooms, each with its own bath and walk- in closet. Comfy living room and dining area, a granite kitchen with gas stove, separate interior laundry area and powder room. Excellent constructions. Ceiling fans throughout. Enjoy barbecuing on the pleasant lanai or relax watching the sunset from the roof deck and spa. Paid for Solar Power, dual paned windows, AC, jacuzzi tub in master bath. Security lockable entry gate, and rare two car side by side garage. Low HOA fee. Whether you want a productive investment property, a second vacation home or a bay oriented personal residence, this is it!

Mortgage Calculator

Est. Monthly Payment

$8,079

Principal & Interest$6,316
Property Tax$1,249
Insurance$364
HOA$150
%($249,800)
%

Investment Score

4D
Est. Monthly Rent
$5,548
Monthly Cashflow

Rent − PITI − HOA

$-2,531
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,847

Mortgage (P+I)
$6,316
Cap Rate
1.41%
Cash-on-Cash
-23.29%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.69
Break-even Rent
$11,843

NOI (Annual)
$17,618
Price-to-Rent

Lower = better for investors

18.8

* 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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