
2915 Lawrence Street #8
Dbottom 20%San Diego, CA 92106
11 licensed short-term rentals within ½ mile (7 whole home), from the cities' license and permit lists of Nov 13, 2026.
No unit in this 16-unit complex holds a short-term rental license, so nothing shows its HOA allows them. Get the CC&Rs before counting on short-term income.
Pass at asking: -$6,869/mo full cashflow at 20% down, 7.36% rate.
Works at $326,217 (73% under asking); even all cash loses money at asking.
Rent $4,244/mo from 13 leases of 1–3 bed condos & townhomes within 2 mi ($4,002–$4,416).
Beds
2
Baths
2
Sqft
1,300
Year Built
1963
Days on Market
48
Property Type
Condo
HOA/mo
$775
MLS ID
260023470SD
This property is in San Diego (92106). View neighborhood stats →
About This Property
Park La Playa Condo offers breathtaking views of the San Diego skyline, peaceful San Diego Bay and Harbor. Enjoy Kellogg Beach close by and watch the yachts go by or throw in your fishing pole. This 2 bedroom, 2 bathroom corner unit located on the 2nd floor is completely remodeled with new carpet, LVP flooring, brand new kitchen with stylish frameless cabinets, SS appliances, and quartz counters. As you go down the hall there are built-ins on your way to the first bedroom. Across from the bedroom is the guest bathroom that has been remodeled with stylish finishes, micro cement, new shower, new flooring and quartz counters. Primary bedroom with bead board and new closet doors with built-ins. Private primary bathroom with designer touches,micro cement. Enjoy community pool, pool room, and on-site laundry, elevator, gated community, assign parking in garage. Close to Point Loma restaurants, yacht clubs and airport. Park La Playa Condo offers stunning views of the San Diego skyline, peaceful San Diego Bay and Harbor. Enjoy Kellogg Beach close by and watch the yachts go by. This 2 br/2 ba corner unit located on the 2nd floor is completely remodeled with new carpet, LVP flooring, brand new kitchen with stylish frameless cabinets, SS appliances, and quartz counters micro cement walls. As go down the hallway the first bedroom, with mirror closets is on your left and across from the bedroom is the guest bathroom that has been remodeled with stylish finishes, micro cement, new shower, new flooring and quartz counters. Next is the primary bedroom with bead board and new closet doors with built-ins. Private primary bathroom with designer touches /micro cement finish. Enjoy community pool, pool room, and on-site laundry, elevator, gated community, assign parking in garage. Close to Point Loma restaurants, yacht clubs and airport.
Mortgage Calculator
Est. Monthly Payment
$9,116
Location
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Zoned Schools
Elementary
Cabrillo Elementary · grades PK-4 · San Diego Unified
Middle
Correia Middle · grades 7-8 · San Diego Unified
High
Point Loma High · grades 9-12 · San Diego Unified
The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.
Comparable Properties
5 comps foundThis Property
$4,244
Comp Average
$4,176
3225 Newell St
2bd / 2ba · 1,183 sqft · Condo
$750K
Est. $3,979/mo
3225 Newell Street 1
3bd / 2ba · 1,209 sqft · Condo
$799K
Est. $4,249/mo
3108 Hugo Street
2bd / 2.5ba · 1,258 sqft · Condo
$989K
Est. $4,134/mo
1423 Evergreen St
2bd / 2.5ba · 1,373 sqft · Townhouse
$1.25M
Est. $4,518/mo
422 Rosecrans St
2bd / 2ba · 1,204 sqft · Condo
$1.18M
Est. $4,000/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
13 leases of 1–3 bed condos & townhomes within 2 mi · $4,002–$4,416
Blended 50/50 with a property-level estimate
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$6,869/mo short at 20% down; +$8,920/mo rent closes it.
- Break-even price
- $326,217
- Break-even rent
- $13,164/mo
- Cashflow at 35% down
- −$5,601/mo
- Down payment to break even
- Not reachable
- Rate to break even
- Not reachable
73% under asking
$8,920/mo above the estimate
Negative even all-cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.36% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.
Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.
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