2552 Ocean Cove Drive
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2552 Ocean Cove Drive

D

Cardiff-by-the-Sea, CA 92007

$899,000
NEW — 6d

Soft Appraisal Value: $890,700 · 0.9% above estimate

Beds

2

Baths

1

Sqft

876

Year Built

1974

Days on Market

6

Property Type

Condo

HOA/mo

$510

MLS ID

NDP2604623

This property is in Cardiff-by-the-Sea (92007). View neighborhood stats →

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About This Property

Live the coastal lifestyle in this beautifully upgraded condo west of the 5 in the Cardiff Cove community! This light and bright two bedroom, one bathroom condo features an updated kitchen, modern bathroom, newer flooring, vaulted ceilings and a comfortable open layout. Other notable features include an in unit laundry room, and detached one-car garage. Enjoy the best of coastal San Diego just minutes from beaches, local restaurants, cafés, shopping, and the scenic trails of the San Elijo Lagoon. Easy access to the 5 freeway. Community amenities include a pool, spa, & greenbelts throughout. Whether you’re searching for a full-time residence, weekend getaway, or investment opportunity, this is a rare chance to own in one of San Diego’s most sought-after beach communities.

Mortgage Calculator

Est. Monthly Payment

$6,217

Principal & Interest$4,546
Property Tax$899
Insurance$262
HOA$510
%($179,800)
%

Location

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Comparable Properties

2 comps found

This Property

$3,755

vs

Comp Average

$4,126

Comps based on same zip code, similar beds (±1), price range (60-150%).

Investment Score

16D
Est. Monthly Rent
$3,755
Monthly Cashflow

Rent − PITIA

$-2,462
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,075

Mortgage (P+I)
$4,546
Cap Rate
0.63%
Cash-on-Cash
-27.19%
DSCR

Need ≥ 1.25 for DSCR loan

0.60
Break-even Rent
$9,047

NOI (Annual)
$5,654
Price-to-Rent

Lower = better for investors

20.0

* 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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