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4615 Pico
1 / 20

4615 Pico #3

C

San Diego, CA 92109

$635,000

Soft Appraisal Value: $622,500 · 2.0% above estimate

Beds

2

Baths

2

Sqft

821

Year Built

1984

Days on Market

41

Property Type

Condo

HOA/mo

$330

MLS ID

260008438SD

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

Virtual Tour

About This Property

Welcome to this prime located 2-bedroom, 2-bath condo in the desirable Pacific Beach neighborhood. Offering a functional layout and tasteful updates throughout, this home is ready for its next owner to move right in or add their own personal touches. The interior features durable vinyl and tile flooring, an updated kitchen with granite countertops and modern cabinetry, and a bright living space that opens to a private balcony through a dual-pane sliding door. Additional improvements include newer dual-pane windows that enhance both comfort and energy efficiency. The unit is equipped with in-unit laundry and comes with all major appliances, including washer, dryer, and refrigerator. A detached tandem 2-car garage provides convenient parking and extra storage. A convenient bike path at the backside of the property that goes to Mission Bay and La Jolla. Ideally situated near local shops, dining, freeway access, and just a short distance to the beach, this home presents a great opportunity to enjoy the Pacific Beach lifestyle.

Mortgage Calculator

Est. Monthly Payment

$4,361

Principal & Interest$3,211
Property Tax$635
Insurance$185
HOA$330
%($127,000)
%

Location

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Investment Score

39C
Est. Monthly Rent
$3,083
Monthly Cashflow

Rent − PITIA

$-1,278
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,516

Mortgage (P+I)
$3,211
Cap Rate
1.31%
Cash-on-Cash
-23.77%
DSCR

Need ≥ 1.25 for DSCR loan

0.71
Break-even Rent
$6,351

NOI (Annual)
$8,337
Price-to-Rent

Lower = better for investors

17.2

* 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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