San Diego
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San Diego

A

San Diego, CA 92109

$349,000
NEW — 1d

Beds

Baths

1

Sqft

420

Year Built

1975

Days on Market

1

Property Type

Condo

HOA/mo

$726.53

MLS ID

260014040SD

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

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About This Property

Affordable coastal living in the heart of Pacific Beach. VA approved! Resort-style studio at The Plaza delivers exceptional value w/ a full kitchen, secure parking space #137 in a gated garage & an oversized 5 ft X 7 ft patio overlooking the pool/courtyard on the quiet side of the building. Walk to dining, shopping, nightlife along Garnet Ave. Enjoy easy access to the beach less than 2 miles away. (suppl) Inside, the thoughtfully designed layout lives larger than expected, featuring a spacious entry ideal for storage, a full-size kitchen with eat-at bar, and an open living area with flexibility for sleeping, living, and work-from-home zones. Recent upgrades include a new electric panel, updated bathroom with quartz counters and modern finishes, and upgraded lighting throughout. The Plaza is known for its unmatched amenities, including 4 pools, 5 tennis courts, gym, sauna, community theater/ library/ and common area spaces surrounded by beautifully maintained grounds that create a true resort-style environment. Whether you're a first-time buyer, active duty military, investor, or looking for a low-maintenance beach retreat, this is one of the most compelling value opportunities in all of Pacific Beach.

Mortgage Calculator

Est. Monthly Payment

$2,942

Principal & Interest$1,765
Property Tax$349
Insurance$102
HOA$727
%($69,800)
%

Location

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Comparable Properties

1 comp found

This Property

$2,269

vs

Comp Average

$3,244

Comps based on same zip code, similar beds (±1), price range (60-150%).

Investment Score

45B
Est. Monthly Rent
$2,269
Monthly Cashflow

Rent − PITIA

$-673
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,486

Mortgage (P+I)
$1,765
Cap Rate
0.96%
Cash-on-Cash
-25.55%
DSCR

Need ≥ 1.25 for DSCR loan

0.77
Break-even Rent
$4,199

NOI (Annual)
$3,345
Price-to-Rent

Lower = better for investors

12.8

* 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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