6350 Genesee Ave.
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6350 Genesee Ave. #316

A

San Diego, CA 92122

$499,000

Soft Appraisal Value: $494,300 · 1.0% above estimate

Beds

2

Baths

2

Sqft

816

Year Built

1985

Days on Market

107

Property Type

Condo

HOA/mo

$326

MLS ID

260006769SD

This property is in San Diego (92122). View neighborhood stats →

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About This Property

Rarely available, this penthouse corner residence offers an exceptional opportunity to own in the highly sought-after Regency Villas, University City's premier 62+ community. A convenient elevator ride leads to this top-floor sanctuary, where breathtaking sunset views unfold from every room. This residence enjoys remarkable privacy with no unit above and no adjoining neighbor on one side of a bedroom, creating a peaceful retreat rarely found in condominium living. Thoughtfully upgraded throughout, the home showcases a brand-new A/C mini-split system, luxury vinyl plank flooring, granite countertops, dual-pane windows, custom-designed closet systems in both bedrooms, plantation shutters, and ceiling fans in every room. With only 24 two-bedroom, two-bath residences among the community's 132 homes, this is an exceptionally rare offering. Residents enjoy beautifully landscaped grounds, a welcoming clubhouse, and a carefree lifestyle designed for comfort and connection. Ideally located across the street from 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 mall, UCSD, LaJolla, 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)
%

Location

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Investment Score

49B
Est. Monthly Rent
$2,680
Monthly Cashflow

Rent − PITIA

$-814
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,846

Mortgage (P+I)
$2,523
Cap Rate
1.63%
Cash-on-Cash
-22.20%
DSCR

Need ≥ 1.25 for DSCR loan

0.77
Break-even Rent
$5,078

NOI (Annual)
$8,121
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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