2605 Pico Place San Diego

2605 Pico Place San Diego

D

, CA 92109

$498,000

Beds

1

Baths

1

Sqft

625

Year Built

1976

Days on Market

34

Property Type

Condo

HOA/mo

$288

MLS ID

260002184SD

Description

XXL size condo top-floor condo with tranquil park-like views of the private balcony. This open-concept home offers a spacious living room, dining area, breakfast bar, and open kitchen. Generously sized bedroom, creating a bright and airy feel throughout. Pool area for entertaining. Tucked away at the end of a quiet cul-de-sac, it provides the perfect blend of privacy and convenience. Enjoy close proximity to the bay, beaches, shopping, Pacific Beach restaurants and nightlife, Kate Sessions Park, and easy access to the 5 freeway—ideal for commuting to UCSD or USD. The community offers plentiful guest parking, plus secure underground gated parking with a private storage cabinet. Located in the desirable Pacific Woodlands complex. VA approved.

Mortgage Calculator

Est. Monthly Payment

$3,449

Principal & Interest$2,518
Property Tax$498
Insurance$145
HOA$288
%($99,600)
%

Investment Score

13D
Est. Monthly Rent

Market Rent Estimate

$2,601
Monthly Cashflow

Rent − PITI − HOA

$-848
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,861

Mortgage (P+I)
$2,518
Cap Rate
1.58%
Cash-on-Cash
-10.22%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

1.03
Break-even Rent
$3,449

NOI (Annual)
$7,881
Price-to-Rent

Lower = better for investors

16.0

* Defaults: 20% down, 6.5% rate, 30yr.

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