5015 Santa Cruz Ave San Diego

5015 Santa Cruz Ave San Diego

D

, CA 92107

$899,000
NEW — 4d on market

Beds

1

Baths

1

Sqft

609

Year Built

1972

Days on Market

4

Property Type

Condo

HOA/mo

$766

MLS ID

260004638SD

View on MLS

Description

OCEANFRONT!! This amazing unit has forever panoramic ocean and coastal views from most every room! Live the dream of having the beach at your door! Hear the ocean every morning as you wake up and watch the sunsets every evening. Vacation 365 days a year! This home is in great condition with white oak cabinets, quartz counters, designer finishes, laminate wood flooring, a cozy electric fireplace, and bifold doors to immerse you in the incredible views! Spacious, light, and bright 1 bedroom. Single-level unit with an amazing balcony overlooks the pool, BBQ and Ocean. Smell the ocean and feel the breeze! This is a rare find in South Ocean Beach! Amenities include an elevator, pool, BBQ area, community garden, two guest suites that are available for residents at the amazing price. Two coved beaches are just below you, and yes, it does have guest parking also!!!

Mortgage Calculator

Est. Monthly Payment

$6,473

Principal & Interest$4,546
Property Tax$899
Insurance$262
HOA$766
%($179,800)
%

Investment Score

1D
Est. Monthly Rent

Market Rent Estimate

$3,678
Monthly Cashflow

Rent − PITI − HOA

$-2,795
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,390

Mortgage (P+I)
$4,546
Cap Rate
0.21%
Cash-on-Cash
-18.65%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.81
Break-even Rent
$6,473

NOI (Annual)
$1,871
Price-to-Rent

Lower = better for investors

20.4

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

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