2251 Famosa Blvd
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2251 Famosa Blvd #B

D

San Diego, CA 92107

$675,000
NEW — 0d on market

Soft Appraisal Value: $663,300 · 1.8% above estimate

Beds

2

Baths

1.5

Sqft

1,059

Year Built

1982

Days on Market

0

Property Type

Condo

HOA/mo

$465

MLS ID

260008375SD

This property is in San Diego (92107). View neighborhood stats →

About This Property

Tucked within a small, intimate community, this Ocean Beach townhome offers the perfect blend of coastal charm and everyday convenience. The two-story layout places the main living area and kitchen on the entry level, while the lower level features the bedrooms and a full bath—creating a comfortable separation of living and resting spaces. Central A/C and heat provide year-round comfort, while owned solar adds efficiency and peace of mind. With only one shared wall and direct access from the parking area, the condo enjoys the privacy and feel of a single-family home. Surrounded by mature trees and serene views, the home enjoys a rare “hidden secret garden” feel, offering a sense of privacy and tranquility just moments from it all. Parking is a breeze with one garage space and four shared off-street spots reserved for owners, with ample street parking nearby for guests. Ideally located near Ocean Beach’s vibrant mix of local restaurants, bars, and shops, with easy freeway access and just minutes to the sandy shores of OB or the calm waters of the Point Loma bay, this home delivers the best of laid-back coastal living with unmatched accessibility.

Mortgage Calculator

Est. Monthly Payment

$4,750

Principal & Interest$3,413
Property Tax$675
Insurance$197
HOA$465
%($135,000)
%

Location

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Investment Score

4D
Est. Monthly Rent
$3,417
Monthly Cashflow

Rent − PITIA

$-1,333
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,682

Mortgage (P+I)
$3,413
Cap Rate
1.30%
Cash-on-Cash
-23.84%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.72
Break-even Rent
$6,900

NOI (Annual)
$8,779
Price-to-Rent

Lower = better for investors

16.5

* 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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