6955 Alvarado Rd
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6955 Alvarado Rd #61

A

San Diego, CA 92120

$459,000

Soft Appraisal Value: $454,200 · 1.1% above estimate

Beds

2

Baths

2

Sqft

879

Year Built

1970

Days on Market

90

Property Type

Condo

HOA/mo

$638

MLS ID

260007297SD

This property is in San Diego (92120). View neighborhood stats →

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About This Property

$30,000 price reduction for a quick sale. Beautiful upgraded 2-bed/2-bath condo in Prime Location. Welcome to this upgraded second-floor condo offering comfort, style, and convenience. This Unit offers a bright and open floor plan with modern upgrades. Enjoy a relaxing morning from the private balcony, with a well-maintained community. The home offers desirable and ideally situated near the trolley, popular restaurants, SDSU College, major hospitals, and great accessibility to the freeway, and just a short drive to the beaches. Perfect for homeowners or investors seeking location, convenience, and modern living all in one. This unit also offers a stacked washer/dryer in the unit. The complex is located close to SDSU, within walking distance to the trolley and restaurants. Amenities include a wonderful pool and a BBQ area. Easy access to the freeway and the beaches

Mortgage Calculator

Est. Monthly Payment

$3,552

Principal & Interest$2,321
Property Tax$459
Insurance$134
HOA$638
%($91,800)
%

Location

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Investment Score

48B
Est. Monthly Rent
$2,804
Monthly Cashflow

Rent − PITIA

$-748
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,775

Mortgage (P+I)
$2,321
Cap Rate
1.43%
Cash-on-Cash
-23.21%
DSCR

Need ≥ 1.25 for DSCR loan

0.79
Break-even Rent
$5,110

NOI (Annual)
$6,547
Price-to-Rent

Lower = better for investors

13.6

* 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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