2915 Lawrence St. San Diego

2915 Lawrence St. San Diego

D

, CA 92106

$1,100,000

Beds

2

Baths

2

Sqft

1,300

Year Built

1965

Days on Market

38

Property Type

Condo

HOA/mo

$737

MLS ID

PTP2507792

Description

Waterfront Corner condo in Exclusive La Playa Area-Rare Opportunity! Discover coastal living in this rarely available corner unit in the prestigious La Playa neighborhood of Pt. Loma. This spacious two bedroom, two bath home offers the 2nd largest open fl. plan in the complex and features breathtaking views of SD Bay and SD city skyline. Located just steps from Kellogg Beach, you'll enjoy a serene, local paradise ideal fro swimming, kayaking, paddle boarding, or relaxing in the sand. Dog friendly beach is ideal for picnics and sunset strolls. Tucked away from the hustle and bustle of Pt. Loma, you're only minutes from fine dining, shopping, Liberty Station, Shelter Island, Sunset Cliffs, OB Pier, Petco Park, Cabrillo Monument and entertainment from Humphreys. Enjoy watching Navy Vessels, Navy SEAL Ops, tall ships, cruise ships right from your living room, dining room, and kitchen, while both bedrooms overlook the beautifully maintained community pool. Experience the best of San Diego's waterfront lifestyle in this rare La Playa Gem.

Mortgage Calculator

Est. Monthly Payment

$7,720

Principal & Interest$5,562
Property Tax$1,100
Insurance$321
HOA$737
%($220,000)
%

Investment Score

0D
Est. Monthly Rent

Market Rent Estimate

$2,837
Monthly Cashflow

Rent − PITI − HOA

$-4,883
Full Cashflow

Incl. vacancy, PM, maint, capex

$-6,452

Mortgage (P+I)
$5,562
Cap Rate
-0.97%
Cash-on-Cash
-26.64%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.51
Break-even Rent
$7,720

NOI (Annual)
$-10,682
Price-to-Rent

Lower = better for investors

32.3

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

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