3116 Groton Way
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3116 Groton Way #2

D

San Diego, CA 92110

$819,900
NEW — 1d on market

Beds

3

Baths

2

Sqft

1,260

Year Built

1964

Days on Market

1

Property Type

Condo

HOA/mo

$600

MLS ID

260008916SD

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

About This Property

VA approved! Welcome to this gorgeous, remodeled, move-in-ready 3-bedroom, 2-bath single-level condo located in the highly sought-after Baycrest community of coastal Point Loma! With TWO private PATIOS enjoy time for relaxing, entertaining, or storing your coastal lifestyle essentials. Thoughtfully renovated with extensive recent improvements, the home offers a fresh, modern aesthetic with beautiful quartz countertops, updated cabinetry, stylishly remodeled bathrooms, new laminate flooring, and nearly all new dual-pane windows that fill the space with abundant natural light. A rare and valuable bonus is the PRIVATE in-unit washer and dryer, while spacious bedrooms and generous storage provide both comfort and functionality. Tucked within a quiet cul-de-sac setting, Baycrest offers a peaceful, low-traffic atmosphere along with access to two community pools. Conveniently located near shopping, coffee shops, grocery stores, major freeways, the airport, and the waterfront, this home delivers the ideal blend of comfort, convenience, and true San Diego coastal living — a rare opportunity in one of Point Loma’s most private and desirable communities.

Mortgage Calculator

Est. Monthly Payment

$5,805

Principal & Interest$4,146
Property Tax$820
Insurance$239
HOA$600
%($163,980)
%

Location

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Investment Score

2D
Est. Monthly Rent
$3,690
Monthly Cashflow

Rent − PITIA

$-2,115
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,647

Mortgage (P+I)
$4,146
Cap Rate
0.73%
Cash-on-Cash
-26.69%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.64
Break-even Rent
$8,426

NOI (Annual)
$5,990
Price-to-Rent

Lower = better for investors

18.5

* 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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