422 Rosecrans St #7
Dbottom 20%San Diego, CA 92106
13 licensed short-term rentals within ½ mile (8 whole home), from the cities' license and permit lists of Nov 11, 2026.
No unit in this 15-unit complex holds a short-term rental license, so nothing shows its HOA allows them. Get the CC&Rs before counting on short-term income.
Pass at asking: -$6,525/mo full cashflow at 20% down, 7.43% rate.
Works at $325,461 (72% under asking), or at all cash.
Rent $3,975/mo from 8 leases of 2-bed condos & townhomes within 2 mi ($3,650–$4,220).
Beds
2
Baths
2
Sqft
1,204
Year Built
1990
Days on Market
91
Property Type
Condo
HOA/mo
$561
MLS ID
260018376SD
This property is in San Diego (92106). View neighborhood stats →
About This Property
Reduced Price - Experience coastal living in this beautifully renovated single level condo in the highly desirable neighborhood of La Playa. Showcasing neutral finishes, this move-in ready condo offers the perfect blend of comfort, style, and convenience. The open floor plan offers a lovely kitchen, dining area & inviting living area which is highlighted by a cozy fireplace and abundant natural light. Energy efficient, modern mini-split heating & air conditioning provide year-round comfort, and the convenience of in-unit laundry makes everyday living easy. Enjoy peek views of the bay from the home, or head to the spectacular rooftop deck where sweeping views of the San Diego skyline and San Diego Bay create the perfect backdrop for morning coffee, sunset cocktails, or watching holiday fireworks. Additional amenities include two gated parking spaces, ample private garage storage, and elevator access from the garage to every level and the rooftop deck. Located just steps from Kellogg Beach, this lovely residence places you in the center of the coveted Point Loma lifestyle. Stroll to the SDYC or SWYC, spend the day paddle boarding or kayaking on the bay, explore Shelter Island's waterfront restaurants and walking paths, or enjoy the boutiques, cafés, and neighborhood charm of the Point Loma Village. Nearby marinas, world-class sport fishing, and endless outdoor recreation make every day feel like a vacation. This is a rare opportunity to enjoy turnkey coastal living in one of San Diego's most sought-after neighborhoods. Offered furnished, with the exception of art.
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Est. Monthly Payment
$8,606
Location
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Zoned Schools
Elementary
Cabrillo Elementary · grades PK-4 · San Diego Unified
Middle
Correia Middle · grades 7-8 · San Diego Unified
High
Point Loma High · grades 9-12 · San Diego Unified
The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.
Comparable Properties
5 comps foundThis Property
$3,975
Comp Average
$4,097
3225 Newell St
2bd / 2ba · 1,183 sqft · Condo
$750K
Est. $3,929/mo
3225 Newell Street 1
3bd / 2ba · 1,209 sqft · Condo
$799K
Est. $4,249/mo
3043 Carleton St.
2bd / 2ba · 1,055 sqft · Condo
$894K
Est. $3,929/mo
3108 Hugo Street
2bd / 2.5ba · 1,258 sqft · Condo
$989K
Est. $4,134/mo
2915 Lawrence Street
2bd / 2ba · 1,300 sqft · Condo
$1.23M
Est. $4,244/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
8 leases of 2-bed condos & townhomes within 2 mi · $3,650–$4,220
Blended 50/50 with the zip's market median ($4,096)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$6,525/mo short at 20% down; 100% down or +$8,474/mo rent closes it.
- Break-even price
- $325,461
- Break-even rent
- $12,449/mo
- Cashflow at 35% down
- −$5,301/mo
- Down payment to break even
- 100%
- Rate to break even
- Not reachable
72% under asking
$8,474/mo above the estimate
$1,175,000 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.43% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.
Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.
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