2950 Broadway

2950 Broadway

D

San Diego, CA 92102

$575,000

Beds

2

Baths

2

Sqft

921

Year Built

1981

Days on Market

111

Property Type

Condo

HOA/mo

$594

MLS ID

250045225SD

Description

Incredible Opportunity awaits in the HEART of Golden Hill with this ideally located 2-bedroom, 2-bath residence. Thoughtfully designed for both comfort and privacy, the home features a spacious, open-concept floor plan that welcomes you with a bright dining area flowing effortlessly into an inviting living room by a welcoming fireplace. The well-appointed kitchen maximizes functionality, offering generous granite countertops and abundant cabinetry for effortless culinary prep and storage. Step outside to a serene, private balcony that overlooks lush greenery—an ideal setting for morning coffee or evening relaxation. Each bedroom is strategically placed on opposite sides of the living space, enhancing privacy. The primary suite includes a sizable closet and an en-suite bath, while a full-size washer and dryer provide added convenience. Nestled in the sought-after Golden Homes community, residents enjoy a wealth of amenities including a clubhouse, swimming pool, spa, BBQ area, bike storage, elevator access, and gated underground parking. HOA fees also cover water, trash, and recycling services. Perfectly positioned just steps from local favorites like Buona Forchetta, Kindred, and Food Bowl Market, this home is also just a mile from South Park’s Target and minutes from downtown, Petco Park, Coronado, and the San Diego Bay. With easy access to major highways (5, 15, and 94) and public transit, this vibrant neighborhood rich in history and charm is an ideal place to call home. VA APPROVED COMPLEX! This is a MUST SEE!

Mortgage Calculator

Est. Monthly Payment

$4,244

Principal & Interest$2,908
Property Tax$575
Insurance$168
HOA$594
%($115,000)
%

Investment Score

1D
Est. Monthly Rent
$2,489
Monthly Cashflow

Rent − PITI − HOA

$-1,756
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,807

Mortgage (P+I)
$2,908
Cap Rate
0.21%
Cash-on-Cash
-18.32%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.59
Break-even Rent
$4,245

NOI (Annual)
$1,204
Price-to-Rent

Lower = better for investors

19.3

* 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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