6016 Gaines Street

6016 Gaines Street

D

San Diego, CA 92110

$875,000
NEW — 4d on market

Soft Appraisal Value: $868,000 · 0.8% above estimate

Beds

3

Baths

2.5

Sqft

1,408

Year Built

1980

Days on Market

4

Property Type

Townhouse

HOA/mo

$585

MLS ID

260007039SD

View on MLS

Description

Welcome to this stunning end unit townhome where thoughtful upgrades meet an unbeatable San Diego location. From the moment you step inside, you'll feel the difference. Freshly painted cabinetry, contemporary lighting, and an abundance of natural light from newer windows create a warm, welcoming atmosphere throughout. The open concept living area flows effortlessly from room to room, anchored by a classic fireplace that adds charm and character to your everyday living. The remodeled kitchen is a true standout, featuring gleaming granite countertops, stainless steel appliances, upgraded cabinetry, and a movable island that adapts to your lifestyle, whether you're hosting dinner parties or enjoying a quiet morning coffee. Both bathrooms have been equally transformed with the same high end finishes and attention to detail. Step through elegant French doors to your own private patio, a peaceful outdoor retreat perfectly suited for al fresco dining or simply unwinding after a long day. As an end unit, you'll enjoy the added privacy rarely found in townhome living. Practical comforts abound: a newer furnace keeps you cozy year round, the laundry room off the kitchen offers generous storage, and the attached garage boasts epoxy flooring and a built in workbench. An additional carport space sits just steps from your door, and pull down attic stairs reveal even more storage above. All of this, ideally positioned near trolley lines, Fashion Valley, Old Town, SeaWorld Drive, pristine beaches, major freeways, and the vibrant heart of downtown San Diego.

Mortgage Calculator

Est. Monthly Payment

$6,140

Principal & Interest$4,424
Property Tax$875
Insurance$255
HOA$585
%($175,000)
%

Investment Score

4D
Est. Monthly Rent
$4,353
Monthly Cashflow

Rent − PITI − HOA

$-1,786
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,517

Mortgage (P+I)
$4,424
Cap Rate
1.24%
Cash-on-Cash
-24.12%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.71
Break-even Rent
$8,920

NOI (Annual)
$10,892
Price-to-Rent

Lower = better for investors

16.8

* 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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