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8009 Caminito De Pizza
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8009 Caminito De Pizza #H

B

San Diego, CA 92108

$385,000

Soft Appraisal Value: $386,100 · 0.3% below estimate

Beds

2

Baths

1

Sqft

726

Year Built

1975

Days on Market

122

Property Type

Condo

HOA/mo

$555

MLS ID

260001518SD

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

Virtual Tour

About This Property

Priced to sell and recently appraised at $385,000. HOA balcony repairs have been completed, and final official closeout documentation is now available, creating new opportunities for conventional financing. Previous lender issues were related to project/lender requirements, not the property condition itself. Back on the market through no fault of the seller. This bright and clean top-floor 2-bedroom condo in Park Villas South is VA approved and move-in ready. The spacious, sun-filled living and dining areas feature a sliding glass door opening to a private balcony with open views, creating comfortable indoor-outdoor living. Located in the heart of Mission Valley, within walking distance to Fashion Valley Mall, shopping, restaurants, trolley stations, and public transportation. Enjoy a gated community with covered parking and resort-style amenities including pools and a spa. Conveniently close to downtown San Diego and the beaches. The home features newer kitchen cabinets and an updated bathroom with modern touches throughout. Community exterior repainting is expected to be completed around May 2026, offering buyers an excellent opportunity to benefit from upcoming community improvements. Seller credit may be available to assist with an interest rate buy-down.

Mortgage Calculator

Est. Monthly Payment

$2,999

Principal & Interest$1,947
Property Tax$385
Insurance$112
HOA$555
%($77,000)
%

Location

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Investment Score

49B
Est. Monthly Rent
$2,341
Monthly Cashflow

Rent − PITIA

$-658
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,517

Mortgage (P+I)
$1,947
Cap Rate
1.34%
Cash-on-Cash
-23.64%
DSCR

Need ≥ 1.25 for DSCR loan

0.78
Break-even Rent
$4,311

NOI (Annual)
$5,157
Price-to-Rent

Lower = better for investors

13.7

* 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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