1009 Essex St. San Diego

1009 Essex St. San Diego

D

, CA 92103

$749,900

Beds

2

Baths

2

Sqft

972

Year Built

1986

Days on Market

8

Property Type

Condo

HOA/mo

$400

MLS ID

260004254SD

View on MLS

Description

Private, fully renovated and ideally located in the heart of Hillcrest - this 2 bedroom, 2 bath condo checks all the boxes. Situated in an picturesque 7-unit complex, this home features new luxury vinyl plank flooring, recessed lighting, updated fixtures and custom wall paneling in both bedrooms and above the fireplace for a sleek, modern feel. Enjoy the best of urban living just steps to Hillcrest dining, cafés, parks, fitness studios and everyday conveniences. Additional highlights include an EV outlet in the garage, 1 secured garage space + 1 additional parking spot, in-unit washer/dryer hookups and low HOA dues of $400/month. A turnkey opportunity in one of San Diego’s most dynamic and walkable neighborhoods.

Mortgage Calculator

Est. Monthly Payment

$5,161

Principal & Interest$3,792
Property Tax$750
Insurance$219
HOA$400
%($149,980)
%

Investment Score

4D
Est. Monthly Rent

Market Rent Estimate

$3,181
Monthly Cashflow

Rent − PITI − HOA

$-1,980
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,336

Mortgage (P+I)
$3,792
Cap Rate
0.73%
Cash-on-Cash
-15.84%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.84
Break-even Rent
$5,161

NOI (Annual)
$5,467
Price-to-Rent

Lower = better for investors

19.6

* Defaults: 20% down, 6.5% rate, 30yr.

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