3020 Cowley Way

3020 Cowley Way #104

D

San Diego, CA 92117

$499,900
NEW — 0d on market

Beds

1

Baths

1

Sqft

607

Year Built

1983

Days on Market

0

Property Type

Condo

HOA/mo

$435

MLS ID

260008061SD

View on MLS

Description

Introducing The Heights at Bay Park, the newest condo conversion in the highly desirable Bay Park neighborhood. This updated 1-bedroom, 1-bath residence offers 607 sq ft of efficient, comfortable living and represents one of the lowest-priced opportunities in the community. Thoughtfully refreshed and move-in ready, this light and bright home features an open living area, functional layout, and a comfortable bedroom retreat, making it ideal for first-time buyers, investors, or those seeking a centrally located San Diego residence. Enjoy the convenience of living in one of San Diego’s most connected coastal communities. Bay Park is known for its neighborhood charm, local dining, coffee shops, and easy access to outdoor recreation. Located just minutes from Mission Bay, beaches, downtown San Diego, USD, and major freeways, this home offers exceptional proximity to everything San Diego has to offer while maintaining a relaxed residential feel. The Heights at Bay Park presents a rare opportunity to own in a newly refreshed condo community with updated residences and strong value positioning. Whether you're looking for a primary residence, second home, or investment property, this residence offers flexibility and long-term appeal. Low-maintenance living, central location, and attainable pricing make this a standout opportunity. Don’t miss this Bay Park gem.

Mortgage Calculator

Est. Monthly Payment

$3,608

Principal & Interest$2,528
Property Tax$500
Insurance$146
HOA$435
%($99,980)
%

Investment Score

0D
Est. Monthly Rent
$1,637
Monthly Cashflow

Rent − PITIA

$-1,972
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,765

Mortgage (P+I)
$2,528
Cap Rate
-0.57%
Cash-on-Cash
-33.18%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.45
Break-even Rent
$5,228

NOI (Annual)
$-2,844
Price-to-Rent

Lower = better for investors

25.4

* 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.

Get Expert AnalysisOpen Full Calculator