2304 Walmar Lane
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2304 Walmar Lane

C

San Diego, CA 92109

$1,999,900
NEW — 1d

Beds

3

Baths

3

Sqft

2,117

Year Built

2001

Days on Market

1

Property Type

Single Family

HOA/mo

$295

MLS ID

260016527SD

This property is in San Diego (92109). View neighborhood stats →

About This Property

Welcome to 2304 Walmar Lane - a sophisticated 3 Bed, 3 Bath residence that features fantastic bay and downtown views and all of the bells and whistles that you’ve been waiting for in Pacific Beach! Beautifully updated and completely turnkey, this resort-like home enjoys four private view balconies and a spacious ground floor patio with jacuzzi, outdoor shower, Bose surround sound and striking water and fire features. The stunning primary retreat offers its own private patio, automated Lutron blackout shades, a spacious walk in closet, oversized soaking tub, dual vanities, Toto Neorest toilet and the shower from your dreams. The kitchen features viking appliances, a spacious pantry, silent Bosch dishwasher and a beautiful flow into the living and dining area with two breathtaking view balconies, wine cooler and surround sound. The ground level features a chic guest room or office with French doors leading to the outdoor patio, a dedicated laundry room, a spacious storage area and a beautifully finished garage with convenient built in cabinetry, stained concrete and workbench. From the owned solar system (22 panels with Tesla Powerwall) and EV charger to the high end viking appliances, electric toto toilets and everything in between, this home has it all. You truly don’t want to miss out on this incredible opportunity!

Mortgage Calculator

Est. Monthly Payment

$12,991

Principal & Interest$10,113
Property Tax$2,000
Insurance$583
HOA$295
%($399,980)
%

Location

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Investment Score

4D
Est. Monthly Rent
$6,830
Monthly Cashflow

Rent − PITIA

$-6,160
Full Cashflow

Incl. vacancy, PM, maint, capex

$-9,398

Mortgage (P+I)
$10,113
Cap Rate
0.43%
Cash-on-Cash
-28.20%
DSCR

Need ≥ 1.25 for DSCR loan

0.53
Break-even Rent
$19,035

NOI (Annual)
$8,575
Price-to-Rent

Lower = better for investors

24.4

* 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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