4051 Fanuel
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4051 Fanuel #8

D

San Diego, CA 92109

$850,000

Soft Appraisal Value: $841,000 · 1.1% above estimate

Beds

2

Baths

2

Sqft

865

Year Built

1975

Days on Market

119

Property Type

Condo

HOA/mo

$450

MLS ID

NDP2600951

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

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About This Property

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

$5,846

Principal & Interest$4,298
Property Tax$850
Insurance$248
HOA$450
%($170,000)
%

Location

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Investment Score

24D
Est. Monthly Rent
$3,825
Monthly Cashflow

Rent − PITIA

$-2,021
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,609

Mortgage (P+I)
$4,298
Cap Rate
0.97%
Cash-on-Cash
-25.48%
DSCR

Need ≥ 1.25 for DSCR loan

0.65
Break-even Rent
$8,512

NOI (Annual)
$8,267
Price-to-Rent

Lower = better for investors

18.5

* 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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