3050 Rue Dorleans #274
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3050 Rue Dorleans #274

Btop 30%

San Diego, CA 92110

$385,000
STR: check · no permits in this complex · TOT 12.75%

38 licensed short-term rentals within ½ mile (27 whole home), from the cities' license and permit lists of Nov 13, 2026.

No unit in this 85-unit complex holds a short-term rental license, so nothing shows its HOA allows them. Get the CC&Rs before counting on short-term income.

Pass at asking: -$1,895/mo full cashflow at 20% down, 7.36% rate.

Works at $136,988 (64% under asking), or at 92% down.

Rent $2,022/mo from 1 lease in this building (±1 bed).

Beds

Studio

Baths

1

Sqft

415

Year Built

1969

Days on Market

152

Property Type

Condo

HOA/mo

$510

MLS ID

OC26127823

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

About This Property

Welcome to one of San Diego’s most desirable resort-style communities! This rarely available studio unit at 3050 Rue Dorleans #274 offers comfortable single-level living in the gated Pacific Isle community.Featuring approximately 415 square feet, this home includes one assigned parking space and a private storage unit. In-unit laundry hookups are permitted with HOA approval. Residents enjoy an exceptional array of amenities centered around lush tropical landscaping and a beautiful rambling koi pond that creates a true vacation atmosphere every day. Community highlights include: Heated swimming pool and spa, Fully equipped fitness center with steam room and dry sauna, Two lighted tennis courts, Sand volleyball court, Clubhouse and game room with billiards, Multiple BBQ and picnic areas, Walking paths and meditation gazebo. Pacific Isle delivers secure, low-maintenance living with resort-caliber recreation right outside your door. The unique circular design of the community puts all the amenities in the center, surrounded by beautifully maintained grounds. Perfectly located in the Midway neighborhood, you’re just minutes from the beach, Mission Bay Park, Old Town San Diego’s dining and historic sites, SeaWorld, and major freeways. This is the ideal combination of great location, outstanding amenities, and exceptional value. Don’t miss this opportunity to own in one of San Diego’s premier amenity-rich communities!

Mortgage Calculator

Est. Monthly Payment

$3,131

Principal & Interest$2,124
Property Tax$385
Insurance$112
HOA$510
%($77,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Ocean Beach Elementary · grades PK-4 · San Diego Unified

  • Middle

    Correia Middle · grades 7-8 · San Diego Unified

  • High

    Point Loma High · grades 9-12 · San Diego Unified

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Investment Score

41B
Est. Monthly Rent
$2,022

1 lease in this building (±1 bed)

Blended 50/50 with a property-level estimate

Thin data: only 1 lease behind this number.

Monthly Cashflow

Rent − PITIA

-$1,109
Full Cashflow

Incl. vacancy, PM, maint, capex

-$1,895

What would make this work?

$1,895/mo short at 20% down; 92% down or +$2,461/mo rent closes it.

Break-even price

64% under asking

$136,988
Break-even rent

$2,461/mo above the estimate

$4,483/mo
Cashflow at 35% down
−$1,497/mo
Down payment to break even

$354,200 cash

92%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$2,124
Cap Rate
1.03%
Cash-on-Cash
-29.53%
DSCR

Need ≥ 1.25 for DSCR loan

0.65

NOI (Annual)
$3,962
Price-to-Rent

Lower = better for investors

15.9

* Modelled at 20% down, 7.36% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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BCashflow−$1,895/mo