2605 Pico Place
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2605 Pico Place #215

B

San Diego, CA 92109

$519,000
NEW — 2d

Soft Appraisal Value: $512,700 · 1.2% above estimate

Beds

1

Baths

1

Sqft

625

Year Built

1976

Days on Market

2

Property Type

Condo

HOA/mo

$340

MLS ID

260016876SD

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

About This Property

Best Buy in Pacific Beach!!! Remodeled large top-floor condo with tranquil park-like views off private balcony. Garage, W/D hook ups in the unit. VA approved. Lots of extra parking. Huge living room, dining area, breakfast bar, and open kitchen all new appliances. Large bedroom lots of closet space, bright. Tucked away at the end of a quiet cul-de-sac. VA approved. Community Pool. Close to bay, beaches, shopping, restaurants and nightlife, easy access to the 5 freeway, UCSD or USD.

Mortgage Calculator

Est. Monthly Payment

$3,635

Principal & Interest$2,624
Property Tax$519
Insurance$151
HOA$340
%($103,800)
%

Location

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Investment Score

37C
Est. Monthly Rent
$2,374
Monthly Cashflow

Rent − PITIA

$-1,260
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,239

Mortgage (P+I)
$2,624
Cap Rate
0.89%
Cash-on-Cash
-25.88%
DSCR

Need ≥ 1.25 for DSCR loan

0.65
Break-even Rent
$5,282

NOI (Annual)
$4,626
Price-to-Rent

Lower = better for investors

18.2

* 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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