2727 Morena Boulevard
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2727 Morena Boulevard #202

D

San Diego, CA 92117

$715,300

Soft Appraisal Value: $701,100 · 2.0% above estimate

Beds

2

Baths

2

Sqft

1,175

Year Built

1974

Days on Market

9

Property Type

Condo

HOA/mo

$691

MLS ID

PTP2604123

This property is in San Diego (92117). View neighborhood stats →

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About This Property

Palm Trees, Bayfront Water Views, and Location, Location, Location. This exceptional 2 bed, 2 bath condo is beautifully placed in the gated community of Costa Viva, itself ideally located in the desirable Bay Park neighborhood. Offering an open concept and spacious single-level living area of over 1,170 sq ft, this home features a wall of bay front windows with unobstructed views. Every corner feels the peacefulness that sea breezes bring. Imagine waking up to palm trees swaying right outside your windows, or relaxing evenings in your favorite chair enjoying the never-ending theater of coastal sunsets. Primary Suite offers a large walk-in closet with custom organizers and en-suite shower bathroom. Kitchen and both bathrooms have been thoughtfully updated. Beautiful LVP flooring throughout the entire unit offers visual continuity to draw your eye to the main attraction – again, that view! In-unit laundry. Deeded tandem parking for 2 cars directly under your unit, 2 generous storage closets in your parking area and to make living easy - the elevator is just steps from your parking space and opens directly across from your unit. Costa Viva offers a secure gated complex, 2 community swimming pools, and ample guest parking. The HOA also covers water and trash. The San Diego Trolley stops right across Morena Blvd from the community while Costa Viva offers easy access to public transportation, shopping, grocery, restaurants, bayfront walking paths and proximity to major transportation arteries. Become a regular at the lively Mission Bay Beach Club for coffee as the day begins, return after work for happy hour with friends. This is the coastal life we all dream about. Come see the “wow” for yourself. Opportunity knocks!

Mortgage Calculator

Est. Monthly Payment

$5,232

Principal & Interest$3,617
Property Tax$715
Insurance$209
HOA$691
%($143,060)
%

Location

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Investment Score

24D
Est. Monthly Rent
$3,364
Monthly Cashflow

Rent − PITIA

$-1,868
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,238

Mortgage (P+I)
$3,617
Cap Rate
0.64%
Cash-on-Cash
-27.16%
DSCR

Need ≥ 1.25 for DSCR loan

0.64
Break-even Rent
$7,569

NOI (Annual)
$4,547
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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