5015 Santa Cruz Ave
1 / 20

5015 Santa Cruz Ave #107

D

San Diego, CA 92107

$1,020,000
NEW — 3d

Soft Appraisal Value: $987,900 · 3.2% above estimate

Beds

2

Baths

2

Sqft

1,067

Year Built

1972

Days on Market

3

Property Type

Condo

HOA/mo

$766

MLS ID

260010115SD

This property is in San Diego (92107). View neighborhood stats →

About This Property

Coastal Premium ocean front living next to a pocket beach in SD's most vibrant seaside communities. This updated residence offers effortless indoor-outdoor living. Ocean views greet you from your private balcony & direct pool access. Perfect for morning coffee with ocean air, afternoon dips w/out leaving home, & breathtaking sunset skies. The updated kitchen & bathrooms feature premium appliances & finishes, w/ expansive cabinetry, contemporary surfaces, & a functional open layout designed for comfort & ease. Live where others vacation. Beyond the home itself, the lifestyle extends into the very fabric of Ocean Beach, the SD coastal community known for its laid-back charm, walkability, & vibrant local culture. Steps to the sand & Sunset Cliffs, you are surrounded by neighborhood cafés, acclaimed restaurants, local boutiques, and scenic coastal paths that make everyday living a vacation. The thoughtfully designed 1,067 sq ft layout with 2 full bathrooms offers comfort & privacy, while generous storage throughout provides practical everyday functionality. Move-in ready upgrades completed two years ago blend modern style w/ coastal sophistication, creating a turnkey opportunity well suited as a primary residence, beach retreat, or lifestyle investment. Properties offering ocean views, poolside access, & ground-level convenience are increasingly rare and difficult to purchase. More than just a home, this is a place where the rhythm of the coast shapes everyday life. An opportunity to live surrounded by freedom, air, light, & water. 30-day minimum lease for rental.

Mortgage Calculator

Est. Monthly Payment

$7,241

Principal & Interest$5,158
Property Tax$1,020
Insurance$297
HOA$766
%($204,000)
%

Location

Loading map...

Investment Score

13D
Est. Monthly Rent
$4,696
Monthly Cashflow

Rent − PITIA

$-2,545
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,475

Mortgage (P+I)
$5,158
Cap Rate
0.80%
Cash-on-Cash
-26.32%
DSCR

Need ≥ 1.25 for DSCR loan

0.65
Break-even Rent
$10,507

NOI (Annual)
$8,195
Price-to-Rent

Lower = better for investors

18.1

* 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.

Get Expert AnalysisOpen Full Calculator