8009 Caminito De Pizza
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8009 Caminito De Pizza #H

B

San Diego, CA 92108

$379,000
NEW — 3d

Soft Appraisal Value: $374,200 · 1.3% above estimate

Beds

2

Baths

1

Sqft

726

Year Built

1975

Days on Market

3

Property Type

Condo

HOA/mo

$555

MLS ID

260013308SD

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

About This Property

Priced to sell and recently appraised at $385,000. HOA SB326 balcony repairs have been completed, and final closeout documentation is now available, creating new opportunities for conventional financing. Previous escrow cancellations were related to lender/project review requirements rather than the property's condition. Seller can provide experienced lenders familiar with the complex and its financing history who have successfully closed transactions in the community. This bright and clean top-floor 2-bedroom condo in Park Villas South is move-in ready. The spacious, sun-filled living and dining areas open to a private balcony with pleasant views, creating a comfortable indoor-outdoor living experience. Located in the heart of Mission Valley, this home is within walking distance to Fashion Valley Mall, shopping, restaurants, trolley stations, and public transportation. Enjoy a gated community with covered parking, pools, and a spa. Conveniently located near downtown San Diego, major freeways, and the beaches. The home features newer kitchen cabinetry and an updated bathroom with modern finishes throughout. Community exterior repainting is expected to be completed soon, further enhancing the appeal of the community. Back on the market through no fault of the seller, this attractively priced home offers an excellent opportunity to own in one of Mission Valley's most convenient locations. Seller may consider a credit toward closing costs or an interest rate buy-down for qualified buyers.

Mortgage Calculator

Est. Monthly Payment

$2,961

Principal & Interest$1,916
Property Tax$379
Insurance$111
HOA$555
%($75,800)
%

Location

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Investment Score

52B
Est. Monthly Rent
$2,379
Monthly Cashflow

Rent − PITIA

$-582
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,445

Mortgage (P+I)
$1,916
Cap Rate
1.49%
Cash-on-Cash
-22.88%
DSCR

Need ≥ 1.25 for DSCR loan

0.80
Break-even Rent
$4,256

NOI (Annual)
$5,652
Price-to-Rent

Lower = better for investors

13.3

* 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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