3119 Garrison Street
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3119 Garrison Street #3

D

San Diego, CA 92106

$795,000

Soft Appraisal Value: $825,900 · 3.7% below estimate

Beds

2

Baths

2

Sqft

1,030

Year Built

2006

Days on Market

55

Property Type

Condo

HOA/mo

$415

MLS ID

NDP2601672

This property is in San Diego (92106). View neighborhood stats →

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About This Property

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, but with minimal air traffic noise, this is an ideal home base for those who value convenience, walkability, and coastal living.

Mortgage Calculator

Est. Monthly Payment

$5,462

Principal & Interest$4,020
Property Tax$795
Insurance$232
HOA$415
%($159,000)
%

Location

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Comparable Properties

3 comps found

This Property

$3,788

vs

Comp Average

$3,353

Comps based on same zip code, similar beds (±1), price range (60-150%).

Investment Score

4D
Est. Monthly Rent
$3,788
Monthly Cashflow

Rent − PITIA

$-1,674
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,208

Mortgage (P+I)
$4,020
Cap Rate
1.23%
Cash-on-Cash
-24.21%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.69
Break-even Rent
$7,954

NOI (Annual)
$9,747
Price-to-Rent

Lower = better for investors

17.5

* 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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