4051 Fanuel San Diego

4051 Fanuel San Diego

D

, CA 92109

$880,000

Beds

2

Baths

2

Sqft

865

Year Built

1975

Days on Market

29

Property Type

Condo

HOA/mo

$450

MLS ID

NDP2600951

Description

Prime location across from Sail Bay, the Boardwalk and Fanuel Street Park. Just steps to the Bay and 6 blocks to the Beach. Sunny active bayside setting ideal for walking, biking, skating, paddle boarding, boating and all outdoor enthusiasts. This charming 2 Bed / 1.5 Bath unit is in a private and quiet location tucked far off the street and features updated flooring, kitchen and bathrooms, large balconies, a fireplace, and in-unit laundry. Owners enjoy 1 private parking space, a personal garage locker for bikes and beach gear and a shared outdoor patio. Quaint HOA (10 units) offers gated entry, locked underground parking garage and has strong appeal for both investors and owner-occupants seeking low-maintenance coastal living.

Mortgage Calculator

Est. Monthly Payment

$6,036

Principal & Interest$4,450
Property Tax$880
Insurance$257
HOA$450
%($176,000)
%

Investment Score

4D
Est. Monthly Rent

Market Rent Estimate

$3,624
Monthly Cashflow

Rent − PITI − HOA

$-2,413
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,980

Mortgage (P+I)
$4,450
Cap Rate
0.64%
Cash-on-Cash
-16.45%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.81
Break-even Rent
$6,037

NOI (Annual)
$5,642
Price-to-Rent

Lower = better for investors

20.2

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

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