1025 Island Avenue

1025 Island Avenue

D

San Diego, CA 92101

$699,000

Beds

2

Baths

2

Sqft

1,027

Year Built

2006

Days on Market

52

Property Type

Condo

HOA/mo

$726

MLS ID

WS26005099

View on MLS

Description

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

$5,163

Principal & Interest$3,535
Property Tax$699
Insurance$204
HOA$726
%($139,800)
%

Investment Score

44D
Est. Monthly Rent

Market Rent Estimate

$5,169
Monthly Cashflow

Rent − PITI − HOA

+$5
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,766

Mortgage (P+I)
$3,535
Cap Rate
3.04%
Cash-on-Cash
0.05%
DSCR
1.46
Break-even Rent
$5,164

NOI (Annual)
$21,224
Price-to-Rent

Lower = better for investors

11.3

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

Get Expert AnalysisOpen Full Calculator