San Diego
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San Diego

C

San Diego, CA 92120

$499,000

Beds

2

Baths

2

Sqft

1,144

Year Built

1973

Days on Market

49

Property Type

Condo

HOA/mo

$510

MLS ID

260005552SD

This property is in San Diego (92120). View neighborhood stats →

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About This Property

This beautifully updated first-floor De Cerro unit offers nearly 1,200 square feet of comfortable living space, featuring two spacious bedrooms and two bathrooms, including a private bath in the primary bedroom. Upgrades include new flooring and baseboards throughout, recessed lighting, and fresh interior paint. The home showcases new fixtures including toilets, faucets, valves, trim, and sinks, along with newer, accessible plumbing. Additional improvements include new vanity cabinets, light fixtures, mirrors, a new electrical panel, and updated switches and outlets for modern convenience. Vertical blinds provide clean window coverings, and the unit opens to a spacious private patio with a generously sized storage closet. The HOA permits the addition of an in-unit laundry area, if desired. Each additional parking space is 30.00 per month

Mortgage Calculator

Est. Monthly Payment

$3,678

Principal & Interest$2,523
Property Tax$499
Insurance$146
HOA$510
%($99,800)
%

Location

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Investment Score

31C
Est. Monthly Rent
$2,288
Monthly Cashflow

Rent − PITIA

$-1,390
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,332

Mortgage (P+I)
$2,523
Cap Rate
0.46%
Cash-on-Cash
-28.04%
DSCR

Need ≥ 1.25 for DSCR loan

0.62
Break-even Rent
$5,317

NOI (Annual)
$2,291
Price-to-Rent

Lower = better for investors

18.2

* 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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