3063 Barnard
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3063 Barnard #1

C

San Diego, CA 92110

$509,900

Beds

1

Baths

1

Sqft

877

Year Built

1964

Days on Market

48

Property Type

Condo

HOA/mo

$545

MLS ID

260007215SD

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

Virtual Tour

About This Property

Spacious, light and bright this remodeled corner unit checks all the boxes. With almost 900 sf of coastal living area, two patios and covered parking you'll be ready to entertain in time for summer. Kitchen features an oversized breakfast bar, quartz counters, custom tile backsplash, stainless steel appliances, garden window and stylish black touch points. Living room and dining area blend seamlessly together to provide an open concept feel with a tile faced fireplace serving as the focal point. Wonderful western exposure provides loads of natural light. Bathroom w/ custom tile surround, new counters and new base cabinet. Extensively renovated less than 4 years ago with vinyl flooring and recessed lights throughout. Custom closet organizers and an abundance of storage closets for all your beach toys. Covered parking space #P78 is right out front. Prime location near Ocean Beach, Barons Market and Barnes Tennis Center(pickleball anyone?). The VA approved complex features numerous greenbelts, mature fruit trees, two pools, spa and a recreation room.

Mortgage Calculator

Est. Monthly Payment

$3,782

Principal & Interest$2,578
Property Tax$510
Insurance$149
HOA$545
%($101,980)
%

Location

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Investment Score

40C
Est. Monthly Rent
$2,713
Monthly Cashflow

Rent − PITIA

$-1,069
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,118

Mortgage (P+I)
$2,578
Cap Rate
1.08%
Cash-on-Cash
-24.92%
DSCR

Need ≥ 1.25 for DSCR loan

0.72
Break-even Rent
$5,464

NOI (Annual)
$5,522
Price-to-Rent

Lower = better for investors

15.7

* 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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