924 Hornblend St

924 Hornblend St

D

San Diego, CA 92109

$1,275,000

Soft Appraisal Value: $1,204,900 · 5.8% above estimate

Beds

2

Baths

2.5

Sqft

1,303

Year Built

2008

Days on Market

12

Property Type

Condo

HOA/mo

$724

MLS ID

260006356SD

Description

Experience the best of Pacific Beach living in this incredibly walkable, and rare Pacific Sands condo; located just steps from the beach, and bay. This quiet top-floor corner unit offers the perfect balance of privacy and walkability, with coffee shops, restaurants, gyms, and local shopping nearby, along with the Tuesday Farmers Market, right outside the fully gated complex. Inside, the home features two spacious primary suites, 2.5 bathrooms, and large windows that fill the space with natural light. Additional highlights include in-unit laundry, air conditioning, two garaged parking spaces, a substantial storage area, and your own private balcony to take in the fresh coastal air. The HOA is very well funded, and the complex is incredibly well maintained, offering a prestigious, modern feel. These units are rarely available for sale, so don't miss your opportunity to purchase in one of the nicest complexes in Pacific Beach!

Mortgage Calculator

Est. Monthly Payment

$8,818

Principal & Interest$6,447
Property Tax$1,275
Insurance$372
HOA$724
%($255,000)
%

Investment Score

2D
Est. Monthly Rent
$5,575
Monthly Cashflow

Rent − PITI − HOA

$-3,243
Full Cashflow

Incl. vacancy, PM, maint, capex

$-5,588

Mortgage (P+I)
$6,447
Cap Rate
0.81%
Cash-on-Cash
-26.30%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.63
Break-even Rent
$12,832

NOI (Annual)
$10,311
Price-to-Rent

Lower = better for investors

19.1

* 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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