1080 Park Blvd

1080 Park Blvd #1612

D

San Diego, CA 92101

$639,000

Soft Appraisal Value: $347,700 · 83.8% above estimate

Beds

2

Baths

2

Sqft

1,422

Year Built

2007

Days on Market

20

Property Type

Condo

HOA/mo

$1,047

MLS ID

260005470SD

View on MLS

Description

BEST PRICE CONDO IN SMART CORNER * LARGE PRIVATE BALCONY * 2 CAR PARKING * AMAZING CITY VIEWS. Welcome to Smart Corner, where modern design meets the energy of city living. This expansive 5th-floor corner unit offers 1,422 square feet of stylish, open-concept space with soaring ceilings, exposed concrete accents, and walls of windows that flood the home with natural light. This complex is VA approved! The spacious kitchen is perfect for gathering, featuring a central island with a breakfast bar, stainless steel appliances, and ample cabinetry. The open floor plan flows seamlessly into the living and dining areas, while a large covered balcony invites you to enjoy sweeping city views. The split-bedroom layout features 2 well-defined bedroom areas: a generous primary suite boasting a walk-in closet and ensuite bath, plus an open secondary bedroom area and full bath ideal for guests or a home office. This home includes in-unit laundry and two tandem parking spaces, offering convenience and ease of living. At Smart Corner, you’ll enjoy resort-style amenities including a rooftop terrace with 360° views of the city and bay, a community garden, BBQ area, hot tub, and onsite management with security. Perfectly situated, you’re just blocks from Balboa Park and minutes from Downtown, Little Italy, Petco Park, and San Diego Bay, with easy access to freeways and public transit. Experience the very best of urban living in one of San Diego’s most vibrant communities. Technically, this is a zero-bedroom/studio with open rooms. This complex is VA approved!

Mortgage Calculator

Est. Monthly Payment

$5,104

Principal & Interest$3,231
Property Tax$639
Insurance$186
HOA$1,047
%($127,800)
%

Investment Score

2D
Est. Monthly Rent
$3,630
Monthly Cashflow

Rent − PITI − HOA

$-1,473
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,841

Mortgage (P+I)
$3,231
Cap Rate
0.73%
Cash-on-Cash
-26.67%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.71
Break-even Rent
$7,319

NOI (Annual)
$4,687
Price-to-Rent

Lower = better for investors

14.7

* 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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