3755 Ocean Front
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3755 Ocean Front #15

D

San Diego, CA 92109

$1,299,900

Soft Appraisal Value: $1,275,700 · 1.9% above estimate

Beds

2

Baths

1

Sqft

784

Year Built

1974

Days on Market

45

Property Type

Condo

HOA/mo

$967

MLS ID

260007520SD

This property is in San Diego (92109). View neighborhood stats →

Virtual Tour

About This Property

Top floor Mission Beach condo with endless Pacific Ocean views! This 2 bedroom "Top of the Beach" complex property showcases the Mission Beach lifestyle- views, the iconic boardwalk, walkability & the sand/ocean at your doorstep. It's an open floorplan with those ocean views right from the front door. Large bedroom upon entry with lots of storage options & built ins. Bedroom 2 capitalizes the top floor location with large windows, forever views right from the bed & the proximity to fall asleep to crashing waves at night! Great balcony space for sharing sunsets with friends or watching the world go by below. Ideal location in Mission Beach with all the dining, entertainment & shopping in this desirable commercial corridor. The complex features an elevator, a secure/gated parking spot, community laundry & they are just now completing a beatification project with fresh paint. Beach retreat, vacation rental ($130k potential income a year), second home or your main house...you can't go wrong on this one!

Mortgage Calculator

Est. Monthly Payment

$9,219

Principal & Interest$6,573
Property Tax$1,300
Insurance$379
HOA$967
%($259,980)
%

Location

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Investment Score

0D
Est. Monthly Rent
$3,282
Monthly Cashflow

Rent − PITIA

$-5,937
Full Cashflow

Incl. vacancy, PM, maint, capex

$-7,775

Mortgage (P+I)
$6,573
Cap Rate
-1.11%
Cash-on-Cash
-35.89%
DSCR

Need ≥ 1.25 for DSCR loan

0.36
Break-even Rent
$13,379

NOI (Annual)
$-14,424
Price-to-Rent

Lower = better for investors

33.0

* 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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