5055 Collwood Blvd

5055 Collwood Blvd

D

San Diego, CA 92115

$595,900

Soft Appraisal Value: $712,600 · 16.4% below estimate

Beds

2

Baths

2

Sqft

971

Year Built

1974

Days on Market

31

Property Type

Condo

HOA/mo

$450

MLS ID

260004463SD

Description

Less than a mile to SDSU! Don’t miss this beautifully remodeled 2-bedroom, 2-bath condo on the top floor of the gated community, Collwood Point. The condo was just renovated from top to bottom, featuring a brand-new kitchen with modern cabinetry and stainless-steel appliances, new bathrooms, new flooring, fresh paint, recessed lighting, and thoughtful touches throughout. The split-bedroom layout with ensuite baths makes this condo ideal for roommates, students, or anyone desiring extra privacy. Additional highlights include convenient in-unit laundry and wall-mounted air conditioning. Securely nestled in a gated community, this top-floor unit on the building’s west side boasts ample natural light and privacy. French doors in the living area open to the Juliet balcony, capturing the cool breeze. Collwood Point amenities include an elevator, pool, spa, BBQ area, and gated parking. The low monthly HOA fee covers water, trash, and sewer. The excellent location is close to the freeway, SDSU, shopping, dining, and public transportation. This condo presents an incredible opportunity for owners, student housing, or investors seeking the perfect balance of lifestyle, location, and affordability.

Mortgage Calculator

Est. Monthly Payment

$4,233

Principal & Interest$3,013
Property Tax$596
Insurance$174
HOA$450
%($119,180)
%

Investment Score

3D
Est. Monthly Rent
$2,975
Monthly Cashflow

Rent − PITI − HOA

$-1,258
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,439

Mortgage (P+I)
$3,013
Cap Rate
1.16%
Cash-on-Cash
-24.56%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.70
Break-even Rent
$6,142

NOI (Annual)
$6,891
Price-to-Rent

Lower = better for investors

16.7

* 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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