San Diego
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San Diego #116

B

San Diego, CA 92117

$315,000
NEW — 3d

Beds

Baths

1

Sqft

425

Year Built

1972

Days on Market

3

Property Type

Condo

HOA/mo

$660

MLS ID

260013575SD

This property is in San Diego (92117). View neighborhood stats →

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About This Property

Nestled in the heart of Bay Ho, Unit 116 presents a compelling opportunity for the buyer seeking value and upside in one of San Diego's most desirable coastal communities. This thoughtfully laid out studio offers a solid foundation with immediate lifestyle appeal. The unit features tile flooring throughout, a full kitchen equipped with a refrigerator, electric stove, and garbage disposal, a generous closet, and a private back patio balcony. The unit is equipped with a window unit AC and built-in radiant electric wall heating, providing year-round comfort. The bathroom is well laid out, and the unit has full lighting throughout, giving the next owner a solid foundation to personalize and update to their taste. The community itself is a standout, with a pool, scenic lookout deck, and BBQ area that make it easy to enjoy the San Diego lifestyle from day one. Well-maintained common areas add to the overall appeal for both owner-occupants and renters alike. The location is hard to beat. You are minutes from Mission Bay, Mission Beach, and the Pacific Beach bike trail, with quick access to some of San Diego's best dining and shopping. Nearby hospitals and easy freeway access make this a practical choice as well as a desirable one.

Mortgage Calculator

Est. Monthly Payment

$2,660

Principal & Interest$1,593
Property Tax$315
Insurance$92
HOA$660
%($63,000)
%

Location

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Comparable Properties

3 comps found

This Property

$2,048

vs

Comp Average

$1,899

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

Investment Score

46B
Est. Monthly Rent
$2,048
Monthly Cashflow

Rent − PITIA

$-612
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,345

Mortgage (P+I)
$1,593
Cap Rate
0.94%
Cash-on-Cash
-25.63%
DSCR

Need ≥ 1.25 for DSCR loan

0.77
Break-even Rent
$3,795

NOI (Annual)
$2,970
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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