3050 Rue Dorleans
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3050 Rue Dorleans #202

B

San Diego, CA 92110

$399,000
NEW — 2d

Soft Appraisal Value: $433,900 · 8.0% below estimate

Beds

1

Baths

1

Sqft

547

Year Built

1969

Days on Market

2

Property Type

Condo

HOA/mo

$510

MLS ID

260010241SD

This property is in San Diego (92110). View neighborhood stats →

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About This Property

Welcome to Pacific Isle — one of Point Loma's premier gated resort-style communities. This beautifully updated 2nd floor 1BD/1BA condo is perfect for the first time buyer professional, or investor alike. Step inside and you'll immediately feel the difference: luxury vinyl plank flooring, fresh paint, updated dual-pane windows, upgraded lighting, and a sleek modern kitchen with stainless steel appliances and quartz countertops. The spacious bedroom is bright and airy, and the unit includes an upgraded electrical panel and new ac units. The Pacific Isle amenities are debatably the best of any condo complex in San Diego: an oversized heated pool and spa with showers, a fully equipped gym with steam room and dry sauna, a game room with foosball, pool table, and ping pong, a lighted tennis/pickleball court, sand volleyball, a recreation room with a full kitchen for private events, a koi pond, a serene stream and gazebo, multiple BBQ areas, and a stylish clubhouse. The complex is gated with 24-hour security and served by four elevators. Your unit also includes an assigned parking space conveniently located near the unit, plus private storage. Just 1.5 miles to the beach and minutes from Liberty Station, Downtown, SeaWorld, PB, and an abundance of dining and shopping — this is SoCal living at its best. Whether you're a first-time buyer, professional, or investor, this is a rare opportunity to own a slice of paradise in one of Point Loma's most sought-after addresses.

Mortgage Calculator

Est. Monthly Payment

$3,043

Principal & Interest$2,018
Property Tax$399
Insurance$116
HOA$510
%($79,800)
%

Location

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Investment Score

53B
Est. Monthly Rent
$2,454
Monthly Cashflow

Rent − PITIA

$-589
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,485

Mortgage (P+I)
$2,018
Cap Rate
1.60%
Cash-on-Cash
-22.34%
DSCR

Need ≥ 1.25 for DSCR loan

0.81
Break-even Rent
$4,383

NOI (Annual)
$6,385
Price-to-Rent

Lower = better for investors

13.5

* 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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