6350 Genesee Ave.

6350 Genesee Ave. #316

D

San Diego, CA 92122

$499,000

Beds

2

Baths

2

Sqft

816

Year Built

1985

Days on Market

13

Property Type

Condo

HOA/mo

$326

MLS ID

260006769SD

Description

Rare opportunity to own a Penthouse residence with sunset views from all rooms, in the highly sought-after Regency Villas 62+ community in the heart of University City. This beautifully maintained 2-bedroom, 2-bath home is ideally positioned within the complex, offering exceptional privacy: no neighbor on one side of a bedroom and no unit above, creating a quiet, comfortable living environment. The interior showcases quality upgrades throughout, including vinyl plank flooring, granite countertops, dual-pane windows, custom closets in both bedrooms, and Plantation shutters and ceiling fans are featured in every room. With only 24 two-bedroom, two-bath units out of 132 total residences, this is a rare find within the community. Residents enjoy access to a clubhouse, landscaped grounds, and a welcoming, low-maintenance lifestyle. Ideally located across the street of a strip mall with VONS, banking, restaurants, a hair salon, and just minutes from Parks with neighborhood social events, a bus stop in front of the complex, UTC shopping and dining, UCSD, La Jolla, and major freeways, this home offers both convenience and comfort in one of San Diego’s most central locations.

Mortgage Calculator

Est. Monthly Payment

$3,494

Principal & Interest$2,523
Property Tax$499
Insurance$146
HOA$326
%($99,800)
%

Investment Score

5D
Est. Monthly Rent
$2,678
Monthly Cashflow

Rent − PITIA

$-816
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,848

Mortgage (P+I)
$2,523
Cap Rate
1.62%
Cash-on-Cash
-22.22%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.77
Break-even Rent
$5,078

NOI (Annual)
$8,103
Price-to-Rent

Lower = better for investors

15.5

* 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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