ActiveResidential · sale

1251 Parker Pl. 2J

San Diego, CA 92109

$899,000

  • 2 beds
  • 2 baths
  • 971 sq ft
  • Built 1974

Listed by Urban Sands Realty Inc. · MLS #PTP2602835

A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1974.

Garage parking

1 garage spaces listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

No Rental Restrictions Short Term Rentals Allowed Great Investment Opportunity Inquire about potential HOA credit or Rate Buy Down Experience the ultimate coastal lifestyle with this stunning bayfront condo in the heart of Pacific Beach Located just six blocks from the ocean and a short stroll from the vibrant restaurants bars and shops of Pacific Beach this recently upgraded twolevel condo offers the perfect blend of relaxation and convenience Shortterm rentals are allowed making this an incredible opportunity for those seeking a waterfront condo vacation home or lucrative investment property Enjoy peekaboo bay views from the patio off the lightfilled living room where large sliding doors invite in the coastal breeze The lower level features a modern kitchen dining area and two spacious bedrooms with views of Fanuel Street Park The condo also includes an inunit washer and dryer with additional community machines available Step outside and immerse yourself in the beauty of Sail Bay where pedestrian and bike paths kayakers paddle boarders swimmers beach volleyball courts a grassy park and sandy beaches await right at your doorstep This 26 unit Bayfront complex offers fantastic amenities including a gated underground garage with a designated parking space and storage a secure entry call box paddle and surfboard storage and a large hot tub overlooking the bay Association fees cover spa maintenance elevator maintenance landscaping common area maintenance exteriorroof maintenance all water limited insurance sewer trash pickup termitepest control

THE NEIGHBORHOOD

Explore the location.

1251 Parker Pl. 2J, San Diego, CA 92109

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1974
Full baths
2
Garage spaces
1
Cooling
None
Pool
No
Pool features
None
Spa
No
Zoning
Residential
Parcel
4233600704
HOA
San Remo Condo Association
HOA amenities
MaintenanceGrounds,HotWater,Insurance,Management,SpaHotTub,Trash,Water
HOA fee frequency
Monthly
HOA fee
$1,100.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$3,745.83
Cap rate

Annual operating income:

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Your property and current assumptions will be included for our team to review.

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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1251 Parker Pl. 2J, San Diego, CA 92109 · MLS #PTP2602835

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Listing information

MLS #PTP2602835 · California Regional MLS

Listing brokerage: Urban Sands Realty Inc.
Listing agent: Bryce Mayer

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.