550 Camino De La Reina
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550 Camino De La Reina #107

C

San Diego, CA 92108

$624,999
NEW — 3d

Beds

2

Baths

2

Sqft

1,229

Year Built

1991

Days on Market

3

Property Type

Condo

HOA/mo

$582

MLS ID

260013650SD

This property is in San Diego (92108). View neighborhood stats →

About This Property

Welcome to this beautifully refreshed corner condo in the heart of Mission Valley! This first-floor, 2-bedroom, 2-bath home offers 1,229 square feet of thoughtfully designed living space, perfect for those who love to entertain. Step inside to find warm wood flooring and fresh paint throughout, creating a bright and inviting atmosphere from the moment you arrive. The spacious open-concept layout flows effortlessly from the living area, anchored by a cozy fireplace, to the oversized private patio, ideal for al fresco dining, morning coffee, or simply unwinding after a long day. The bedrooms are each generously sized and are flooded with abundant light. Stacked, in-unit laundry adds everyday convenience, and your two garage spots (tandem) make for easy lock-and-leave security. Resort-style community amenities include a sparkling pool and spa, fitness center, BBQ area, and clubhouse - everything you need for your own staycation. Enjoy direct access to the San Diego River walking and biking trails, with shopping, dining, and easy freeway access just minutes away. Don't miss your chance to own this move-in ready gem; it won't last long!

Mortgage Calculator

Est. Monthly Payment

$4,550

Principal & Interest$3,160
Property Tax$625
Insurance$182
HOA$582
%($125,000)
%

Location

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Investment Score

35C
Est. Monthly Rent
$3,209
Monthly Cashflow

Rent − PITIA

$-1,340
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,599

Mortgage (P+I)
$3,160
Cap Rate
1.08%
Cash-on-Cash
-24.95%
DSCR

Need ≥ 1.25 for DSCR loan

0.71
Break-even Rent
$6,585

NOI (Annual)
$6,733
Price-to-Rent

Lower = better for investors

16.2

* 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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