815 Pismo Court
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815 Pismo Court

D

San Diego, CA 92109

$1,199,000
NEW — 3d

Soft Appraisal Value: $1,179,600 · 1.6% above estimate

Beds

3

Baths

1

Sqft

693

Year Built

1927

Days on Market

3

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2605370

This property is in San Diego (92109). View neighborhood stats →

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About This Property

Live the quintessential beach lifestyle in the heart of Mission Beach! Just steps from the sparkling waters of Mission Bay and directly across the street from the iconic oceanfront boardwalk, this charming coastal cottage presents an incredible opportunity to own in one of San Diego's most sought-after vacation destinations. Offering 3 bedrooms, 1 bathroom, this well-maintained beach retreat sits on a 1,275 square foot lot and captures the relaxed charm that makes Mission Beach so special. It is zoned R-4 Multiple with the ability to build up on the lot. The home features newer dual-pane windows, a newer roof, granite countertops, in-home laundry, and a welcoming front porch perfect for morning coffee, sunset cocktails, or weekend BBQs with family and friends. Additional highlights include two dedicated parking spaces, storage for bikes, surfboards, and beach gear, and an unbeatable walkable location near restaurants, shops, Belmont Park, Mission Bay, and the Pacific Ocean. Whether you're looking for a primary residence, vacation getaway, investment property, or future development opportunity, this rare Mission Beach offering combines coastal charm, convenience, and an exceptional location at an attractive price point. Don't miss your chance to own a slice of San Diego's beach paradise!

Mortgage Calculator

Est. Monthly Payment

$7,612

Principal & Interest$6,063
Property Tax$1,199
Insurance$350
%($239,800)
%

Location

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Investment Score

7D
Est. Monthly Rent
$4,197
Monthly Cashflow

Rent − PITIA

$-3,415
Full Cashflow

Incl. vacancy, PM, maint, capex

$-5,379

Mortgage (P+I)
$6,063
Cap Rate
0.68%
Cash-on-Cash
-26.92%
DSCR

Need ≥ 1.25 for DSCR loan

0.55
Break-even Rent
$11,183

NOI (Annual)
$8,202
Price-to-Rent

Lower = better for investors

23.8

* 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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