2325 Palermo
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2325 Palermo

D

San Diego, CA 92106

$1,795,000
NEW — 2d

Soft Appraisal Value: $1,757,100 · 2.2% above estimate

Beds

5

Baths

3

Sqft

2,301

Year Built

1931

Days on Market

2

Property Type

Single Family

HOA/mo

N/A

MLS ID

260013105SD

This property is in San Diego (92106). View neighborhood stats →

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About This Property

Rare opportunity to own a true Point Loma Classic, offered for the first time in decades. With 5 bedrooms and 3 bathrooms, this is an exceptionally rare opportunity in one of San Diego’s most sought-after coastal communities where larger homes are hard to come by. Rich in character and timeless charm, the home showcases the classic Spanish architecture Point Loma is known for, including beautiful arches, warm character details, and stunning ocean views from the upstairs living spaces. Lovingly maintained and updated over the years, the home features a newer kitchen, updated bathrooms, and a flexible floorplan with space for growing families, guests, or multigenerational living. The spacious yard offers room to relax, entertain, or create your dream outdoor retreat, while the oversized driveway provides abundant off-street parking. A large detached garage adds even more potential and could serve as a workshop, gym, studio, flex space, or possible future ADU. Homes with this combination of size, charm, views, and opportunity rarely become available in Point Loma.

Mortgage Calculator

Est. Monthly Payment

$11,395

Principal & Interest$9,076
Property Tax$1,795
Insurance$524
%($359,000)
%

Location

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Investment Score

17D
Est. Monthly Rent
$7,934
Monthly Cashflow

Rent − PITIA

$-3,461
Full Cashflow

Incl. vacancy, PM, maint, capex

$-6,782

Mortgage (P+I)
$9,076
Cap Rate
1.53%
Cash-on-Cash
-22.67%
DSCR

Need ≥ 1.25 for DSCR loan

0.70
Break-even Rent
$16,742

NOI (Annual)
$27,532
Price-to-Rent

Lower = better for investors

18.9

* 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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