1050 Island
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1050 Island #210

B

San Diego, CA 92101

$595,000
NEW — 0d

Soft Appraisal Value: $583,800 · 1.9% above estimate

Beds

1

Baths

1

Sqft

894

Year Built

2005

Days on Market

0

Property Type

Condo

HOA/mo

$525

MLS ID

260011704SD

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

About This Property

Experience downtown living with one of the largest private courtyard patios at M2i Residence #210. This loft-style residence blends industrial character with modern comfort, featuring soaring concrete ceilings, expansive open living space, crisp freshly painted interiors, and oversized windows that flood the home with natural light. Bamboo flooring throughout adds warmth to the sleek urban design, while modern lighting elevates the dining space beautifully. Inside, you’ll find a spacious walk-in closet, central A/C, and the convenience of in-unit laundry. Outside, the oversized private patio creates a rare extension of the living space perfect for hosting friends or simply enjoying San Diego’s year-round weather. The home also includes a premium underground parking space tucked between two large pillars for added protection and ease. Residents of M2i enjoy access to a rooftop lounge and fitness center, all while being just a few blocks from Petco Park and within walking distance to the heart of Gaslamp Quarter, surrounded by some of downtown San Diego’s best dining, nightlife, coffee shops, and entertainment.

Mortgage Calculator

Est. Monthly Payment

$4,302

Principal & Interest$3,009
Property Tax$595
Insurance$174
HOA$525
%($119,000)
%

Location

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Investment Score

56B
Est. Monthly Rent
$3,724
Monthly Cashflow

Rent − PITIA

$-579
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,931

Mortgage (P+I)
$3,009
Cap Rate
2.17%
Cash-on-Cash
-19.47%
DSCR

Need ≥ 1.25 for DSCR loan

0.87
Break-even Rent
$6,232

NOI (Annual)
$12,932
Price-to-Rent

Lower = better for investors

13.3

* 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.

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