1050 Island Avenue

1050 Island Avenue #525

D

San Diego, CA 92101

$669,000
NEW — 4d on market

Beds

1

Baths

2

Sqft

1,003

Year Built

2005

Days on Market

4

Property Type

Condo

HOA/mo

$566

MLS ID

PTP2602410

Description

Welcome to Residence #525 at 1050 Island Ave, a beautifully updated 1 bedroom, 2 full bath home in the heart of downtown San Diego. Featuring 11 foot ceilings and oversized windows, this light filled residence offers an open, airy layout with a modern industrial feel and the flexibility to add an additional bedroom. Rich wood flooring and stainless steel appliances create a space that is both refined and functional. Motorized blackout roller shades with smart home integration allow you to control light and privacy effortlessly from your phone, while a smart entry system lets you lock and unlock your front door remotely, adding an extra layer of convenience and security. Step out onto your private balcony overlooking the peaceful interior courtyard, offering a rare sense of calm in the middle of the city. Additional highlights include central AC, in unit washer and dryer, tandem parking, and an oversized private storage unit. Located just two blocks from Petco Park, you are within walking distance to restaurants, shopping, and everything downtown has to offer while still coming home to a quiet, cozy retreat. Residents of M2i enjoy a remodeled fitness center, two lobbies, a lush courtyard, and a rooftop patio with firepit and BBQs. This is downtown living at its best.

Mortgage Calculator

Est. Monthly Payment

$4,813

Principal & Interest$3,383
Property Tax$669
Insurance$195
HOA$566
%($133,800)
%

Investment Score

0D
Est. Monthly Rent
$2,503
Monthly Cashflow

Rent − PITIA

$-2,310
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,443

Mortgage (P+I)
$3,383
Cap Rate
-0.11%
Cash-on-Cash
-30.88%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.52
Break-even Rent
$6,974

NOI (Annual)
$-722
Price-to-Rent

Lower = better for investors

22.3

* 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