3182 Cabrillo Bay Lane

3182 Cabrillo Bay Lane

D

San Diego, CA 92110

$775,000

Soft Appraisal Value: $768,000 · 0.9% above estimate

Beds

2

Baths

2

Sqft

1,227

Year Built

2006

Days on Market

60

Property Type

Townhouse

HOA/mo

$285

MLS ID

260001989SD

Description

Welcome to Cabrillo at the Bay, a gated townhome community in the heart of Point Loma built in 2006, where convenience, design and lifestyle come together. This two-story townhome offers 1,227 square feet of well-planned living space above an oversized two-car tandem garage with direct access, plus a bonus room ideal for a home office or flexible storage space. The main living level is designed for easy, everyday living. Natural hardwood floors, complemented by travertine tile in the entry, kitchen, and baths, and carpeted bedrooms & stairs. The kitchen features granite countertops, stainless steel appliances that convey, and timeless wood cabinetry, opening seamlessly to the dining area with a custom built-in hutch. Step outside to the private balcony and take in unobstructed views of the pool and community—perfect for morning coffee or unwinding at the end of the day. Down the hall, you'll pass a full size washer/dryer on the way to your primary suite offering a calm retreat with ensuite bathroom - dual vanities, a glass-enclosed shower, soaking tub, and double closet areas with mirrored closet doors. The secondary bedroom is generously sized and conveniently located near the hall bath with a full tub and shower. This home is ideally positioned within the gated community and the city, offering resort-style amenities including a pool, spa, BBQ area, playground, and clubhouse, all with low HOA dues of just $285 per month. Centrally located near shopping, dining, Kaiser facilities, the Sports Arena, freeways, downtown San Diego, and the coast.

Mortgage Calculator

Est. Monthly Payment

$5,205

Principal & Interest$3,919
Property Tax$775
Insurance$226
HOA$285
%($155,000)
%

Investment Score

5D
Est. Monthly Rent
$3,932
Monthly Cashflow

Rent − PITI − HOA

$-1,273
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,823

Mortgage (P+I)
$3,919
Cap Rate
1.70%
Cash-on-Cash
-21.86%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.76
Break-even Rent
$7,598

NOI (Annual)
$13,150
Price-to-Rent

Lower = better for investors

16.4

* 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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