3119 Garrison Street

3119 Garrison Street

D

San Diego, CA 92106

$835,000

Beds

2

Baths

2

Sqft

1,030

Year Built

2006

Days on Market

10

Property Type

Condo

HOA/mo

$415

MLS ID

NDP2601672

Description

In the heart of Point Loma, this upgraded 2-bedroom, 2-bath condo offers an effortless, low-maintenance lifestyle—ideal as a full-time residence or refined pied-à-terre. Light and bright interiors are complemented by hardwood floors, custom up/down blinds, and an open kitchen with granite countertops, stainless-steel appliances, a gas range, in-unit washer and dryer, and generous storage. Both bedrooms open to private balconies with one offering downtown skyline and peek-a-boo bay views. The spacious primary suite features a large walk-in closet, while the secondary bedroom offers flexibility as an office, with private view patio. You'll enjoy secured underground parking (1 assigned space) with a large private storage unit for bikes, paddle boards, etc, and are just steps to favorite coffee, bakeries, and restaurants. Walk or bike along the harbor, enjoy nearby Shelter Island with its parks, restaurants and marinas, and appreciate being less than a mile from Liberty Station. With easy access to downtown and the airport, this is an ideal home base for those who value convenience, walkability, and coastal living.

Mortgage Calculator

Est. Monthly Payment

$5,716

Principal & Interest$4,222
Property Tax$835
Insurance$244
HOA$415
%($167,000)
%

Investment Score

2D
Est. Monthly Rent

Market Rent Estimate

$3,221
Monthly Cashflow

Rent − PITI − HOA

$-2,495
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,932

Mortgage (P+I)
$4,222
Cap Rate
0.42%
Cash-on-Cash
-17.93%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.76
Break-even Rent
$5,716

NOI (Annual)
$3,484
Price-to-Rent

Lower = better for investors

21.6

* Defaults: 20% down, 6.5% rate, 30yr.

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