3050 Rue Dorleans
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3050 Rue Dorleans #321

B

San Diego, CA 92110

$420,000
NEW — 0d

Beds

1

Baths

1

Sqft

547

Year Built

1969

Days on Market

0

Property Type

Condo

HOA/mo

$510

MLS ID

260015029SD

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

About This Property

Welcome to resort-style living in the heart of coastal San Diego. This beautifully updated condo at Pacific Isles features brand new luxury vinyl plank flooring, fresh paint, new stove and floor-to-ceiling windows that fill the home with natural light. The kitchen flows nicely into the living area making entertainment easy without compromising its generous counter space and ample storage. An updated shower, in-unit laundry potential with HOA approval, and a serene courtyard view complete the vibe. Multiple elevators make the stroll the your third-story home easy. Its two deeded tandem carport spaces are a rare find in this community and the 8-foot secured storage space is perfect for your bikes or surf gear. Amenities include a pool, spa, gym, saunas, tennis and pickleball courts, a koi pond, BBQ areas, game room, event space, and multiple laundry facilities, all set within a lush tropical courtyard. The location is unbeatable. Enjoy easy access to San Diego's most renowned beaches, bike the river path to Dog Beach or stroll to Dusty Rhodes Park, then soak in the nightlife and dining of Ocean Beach and the scenic harbors of Point Loma. Old Town, Mission Bay, Sea World and the waterfront are minutes away. Quick access to the I-5 and I-8 and San Diego International Airport just 10 minutes out.

Mortgage Calculator

Est. Monthly Payment

$3,176

Principal & Interest$2,124
Property Tax$420
Insurance$122
HOA$510
%($84,000)
%

Location

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Investment Score

38C
Est. Monthly Rent
$2,144
Monthly Cashflow

Rent − PITIA

$-1,032
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,875

Mortgage (P+I)
$2,124
Cap Rate
0.71%
Cash-on-Cash
-26.78%
DSCR

Need ≥ 1.25 for DSCR loan

0.68
Break-even Rent
$4,579

NOI (Annual)
$2,987
Price-to-Rent

Lower = better for investors

16.3

* 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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