1027 Essex St

1027 Essex St

D

San Diego, CA 92103

$945,000

Beds

2

Baths

2.5

Sqft

1,369

Year Built

1982

Days on Market

39

Property Type

Condo

HOA/mo

$250

MLS ID

260002316SD

Description

Welcome to 1027 Essex Street, Unit B — a rare opportunity to own a beautifully updated, low-maintenance home in the heart of one of San Diego’s most vibrant urban neighborhoods. This thoughtfully designed residence features two spacious bedrooms and a unique floor plan anchored by a large kitchen equipped with premium Bosch appliances, including a refrigerator, stove, and dishwasher, complemented by a GE microwave. The kitchen flows seamlessly into the main living area, making it ideal for both everyday living and entertaining. The home offers tastefully remodeled bathrooms, a large, dedicated laundry room with ample space for storage and organization, and wood-burning fireplaces that add warmth, charm, and character rarely found in city living. Outdoor living truly sets this home apart with an expansive private rooftop deck, perfect for entertaining, enjoying sunset views, or relaxing in San Diego’s coastal breeze, along with an additional private patio for even more outdoor enjoyment. An attached, side-by-side two-car garage provides secure parking, convenience, and extra storage — in this highly desirable location. Just minutes from Balboa Park, top-rated dining, cafés, shopping, and major freeways, this home delivers an exceptional blend of style, comfort, and location. Modern upgrades. Exceptional outdoor living. Rare side-by-side parking.?This is elevated San Diego living at its finest.

Mortgage Calculator

Est. Monthly Payment

$6,249

Principal & Interest$4,778
Property Tax$945
Insurance$276
HOA$250
%($189,000)
%

Investment Score

7D
Est. Monthly Rent
$4,168
Monthly Cashflow

Rent − PITI − HOA

$-2,081
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,828

Mortgage (P+I)
$4,778
Cap Rate
1.21%
Cash-on-Cash
-13.22%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.67
Break-even Rent
$6,249

NOI (Annual)
$11,410
Price-to-Rent

Lower = better for investors

18.9

* 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