1025 Island
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1025 Island #406

B

San Diego, CA 92101

$515,000
NEW — 4d

Beds

1

Baths

1

Sqft

768

Year Built

2006

Days on Market

4

Property Type

Condo

HOA/mo

$692.76

MLS ID

260009310SD

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

About This Property

A modern loft with a distinctly urban point of view, this East Village residence pairs industrial texture with natural light and open spatial flow. Exposed 11-foot cement ceilings and walls create a striking architectural backdrop, while floor-to-ceiling windows bring in sunlight and showcase city skyline views. The open-concept floor plan flows seamlessly between the kitchen, dining, and living areas, offering both flexibility and ease. Dual sliding doors open to a Juliet balcony, creating a subtle indoor-outdoor connection and inviting fresh air into the space. A thoughtful blend of volume, light, and downtown energy defines this unique home. Located in a vibrant neighborhood, you'll have easy access to top-rated restaurants, trendy boutiques, and cultural hotspots. Plus, with off-street parking included, you can explore all that downtown has to offer without any hassle. Fahrenheit is one of Downtown San Diego's most notable condo buildings and a recipient of a prestigious design award from the American Institute of Architects. It's central location is just 2 blocks from PetCo Park, and a short walk to the Bayfront, Gaslamp Quarter and Little Italy. It has one of the lowest monthly HOA fees in the East Village.

Mortgage Calculator

Est. Monthly Payment

$3,962

Principal & Interest$2,604
Property Tax$515
Insurance$150
HOA$693
%($103,000)
%

Location

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Investment Score

45B
Est. Monthly Rent
$3,116
Monthly Cashflow

Rent − PITIA

$-846
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,992

Mortgage (P+I)
$2,604
Cap Rate
1.43%
Cash-on-Cash
-23.20%
DSCR

Need ≥ 1.25 for DSCR loan

0.79
Break-even Rent
$5,703

NOI (Annual)
$7,349
Price-to-Rent

Lower = better for investors

13.8

* 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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