1080 Park Blvd San Diego

1080 Park Blvd San Diego

D

, CA 92101

$625,000

Beds

2

Baths

2

Sqft

913

Year Built

2007

Days on Market

11

Property Type

Condo

HOA/mo

$879

MLS ID

260004083SD

View on MLS

Description

Views! Located in the vibrant East Village neighborhood of Downtown San Diego, Smart Corner is situated in an ideal location, just minutes from the Gaslamp District and everything downtown San Diego has to offer. This modern-style condo offers an amazing layout for entertaining, featuring an open-concept living room and kitchen with an 11th floor WEST-facing balcony. Recent upgrades include new luxury vinyl flooring, paint throughout, and all new appliances. Mere steps from public transportation, easy access to all major freeways while only minutes from top-rated beaches. Entering the home, you will be met with in-unit laundry, hallway linen closet, and a full bathroom. Exposed ducting, cement ceilings and an optional floor plan make for an amazing live/work scenario. Two assigned parking spaces, central heating, and air, roof top barbecues and hot tub, along with 2nd-floor gym. Perfect for a first-time buyer, investor or someone looking to downsize.

Mortgage Calculator

Est. Monthly Payment

$4,847

Principal & Interest$3,160
Property Tax$625
Insurance$182
HOA$879
%($125,000)
%

Investment Score

8D
Est. Monthly Rent

Market Rent Estimate

$3,655
Monthly Cashflow

Rent − PITI − HOA

$-1,191
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,553

Mortgage (P+I)
$3,160
Cap Rate
1.17%
Cash-on-Cash
-11.44%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

1.16
Break-even Rent
$4,846

NOI (Annual)
$7,290
Price-to-Rent

Lower = better for investors

14.2

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

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