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3020 Cowley Way
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3020 Cowley Way #208

B

San Diego, CA 92117

$639,000

Soft Appraisal Value: $633,600 · 0.9% above estimate

Beds

2

Baths

2

Sqft

844

Year Built

1986

Days on Market

31

Property Type

Condo

HOA/mo

$445

MLS ID

260011780SD

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

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About This Property

****Just Reduced****Garage Included**** Amazing Ocean views****, coastal breezes, and one of the best locations at The Heights at Bay Park. Residence 208 is a beautifully appointed two-bedroom, two-bath model home designed for modern San Diego living, offering a light-filled open floor plan, private view balcony, and sweeping outlooks that extend toward the Pacific. From sunset skies to effortless entertaining, this Bay Park residence captures the lifestyle buyers want — elevated, connected, and within reach of San Diego’s finest. The open-concept kitchen, dining, and living area creates an easy everyday flow, with thoughtful finishes and abundant natural light throughout. The private balcony offers a peaceful place to enjoy morning coffee, evening sunsets, and the coastal-close setting that makes Bay Park so desirable. The primary suite provides a comfortable retreat, while the secondary bedroom offers flexibility for guests, a home office, or additional living space. Located near Mission Bay, Pacific Beach, Clairemont, downtown San Diego, major employment centers, dining, shopping, and freeway access, The Heights at Bay Park offers convenience without sacrificing lifestyle. Residence 208 combines location, views, design, and model-home appeal in one of San Diego’s most sought-after coastal-close communities.

Mortgage Calculator

Est. Monthly Payment

$4,502

Principal & Interest$3,231
Property Tax$639
Insurance$186
HOA$445
%($127,800)
%

Location

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Investment Score

32C
Est. Monthly Rent
$2,982
Monthly Cashflow

Rent − PITIA

$-1,519
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,737

Mortgage (P+I)
$3,231
Cap Rate
0.93%
Cash-on-Cash
-25.70%
DSCR

Need ≥ 1.25 for DSCR loan

0.66
Break-even Rent
$6,537

NOI (Annual)
$5,924
Price-to-Rent

Lower = better for investors

17.9

* 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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