4241 Loma Riviera Lane

4241 Loma Riviera Lane

D

San Diego, CA 92110

$779,000

Soft Appraisal Value: $771,500 · 1.0% above estimate

Beds

3

Baths

2

Sqft

1,440

Year Built

1965

Days on Market

44

Property Type

Condo

HOA/mo

$740

MLS ID

NDP2601432

Description

Location, location, location! When choosing a condo, remember this: you can always change flooring and paint, but you can’t change where the unit sits. This home is ideally located just steps from the community pool and convenient visitor parking (a huge plus—something you may not think about now but absolutely will once guests come over!). As an end unit, it also enjoys extra windows that bring in abundant natural light that interior units lack. Double doors open to a spacious entry with vaulted ceilings. The first floor offers a bedroom and a full bathroom, along with a large, open living room that connects to your private patio. The patio provides direct access to two carport parking spaces plus extra overhead storage. Upstairs, you’ll find a large secondary bedroom and a generous primary bedroom—both featuring private decks. All this, and you’re close to SeaWorld and, well… just about everything!

Mortgage Calculator

Est. Monthly Payment

$5,685

Principal & Interest$3,939
Property Tax$779
Insurance$227
HOA$740
%($155,800)
%

Investment Score

6D
Est. Monthly Rent
$4,829
Monthly Cashflow

Rent − PITI − HOA

$-856
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,616

Mortgage (P+I)
$3,939
Cap Rate
2.04%
Cash-on-Cash
-20.15%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.85
Break-even Rent
$8,226

NOI (Annual)
$15,878
Price-to-Rent

Lower = better for investors

13.4

* 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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