2605 Pico Place
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2605 Pico Place #215

D

San Diego, CA 92109

$498,000

Soft Appraisal Value: $494,600 · 0.7% above estimate

Beds

1

Baths

1

Sqft

625

Year Built

1976

Days on Market

79

Property Type

Condo

HOA/mo

$288

MLS ID

260002184SD

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

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About This Property

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)
%

Location

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Investment Score

3D
Est. Monthly Rent
$2,344
Monthly Cashflow

Rent − PITIA

$-1,105
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,059

Mortgage (P+I)
$2,518
Cap Rate
1.11%
Cash-on-Cash
-24.81%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.68
Break-even Rent
$5,018

NOI (Annual)
$5,507
Price-to-Rent

Lower = better for investors

17.7

* 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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