1025 Island Avenue

1025 Island Avenue

A

San Diego, CA 92101

$665,000

Soft Appraisal Value: $1,251,000 · 46.8% below estimate

Beds

2

Baths

2

Sqft

1,027

Year Built

2006

Days on Market

58

Property Type

Condo

HOA/mo

$726

MLS ID

WS26005099

This property is in San Diego (92101). View neighborhood stats →

About This Property

Discover refined urban living in this exceptional 2-bedroom, 2-bath residence at the iconic Fahrenheit building in San Diego. Thoughtfully designed with soaring concrete ceilings, exposed ductwork, and floor-to-ceiling windows, this 1,027 sqft loft-style home is a sophisticated blend of industrial edge and modern elegance.The open loft-style layout blends an industrial edge with modern comfort. The kitchen is equipped with a premium Samsung fridge, gas stainless steel cooking, and a new LG dishwasher. The double-sink master bath and walking closet is adjacent to the bright and spacious master bedroom. The private balcony presents fantastic city views. Most vibrant and desirable neighborhoods, unbeaten location with just minutes from Petco Park, trendy restaurants, exquisite shops, and everything downtown San Diego has to offer.

Mortgage Calculator

Est. Monthly Payment

$4,948

Principal & Interest$3,363
Property Tax$665
Insurance$194
HOA$726
%($133,000)
%

Location

Loading map...

Investment Score

51B
Est. Monthly Rent
$4,250
Monthly Cashflow

Rent − PITIA

$-698
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,229

Mortgage (P+I)
$3,363
Cap Rate
2.05%
Cash-on-Cash
-20.11%
DSCR

Need ≥ 1.25 for DSCR loan

0.86
Break-even Rent
$7,145

NOI (Annual)
$13,600
Price-to-Rent

Lower = better for investors

13.0

* 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.

Get Expert AnalysisOpen Full Calculator