1080 Park Blvd
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1080 Park Blvd #1315

C

San Diego, CA 92101

$699,900

Soft Appraisal Value: $494,000 · 41.7% above estimate

Beds

2

Baths

2

Sqft

1,422

Year Built

2007

Days on Market

46

Property Type

Condo

HOA/mo

$1,046.35

MLS ID

260007961SD

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

Virtual Tour

About This Property

Welcome to the prime locale in Smart Corner, “The Point” floorplan, where walls of glass showcase panoramic views spanning Point Loma, the Pacific Ocean, San Diego Bay, and the Coronado Bridge from this premier south-facing residence. This spacious 1-bedroom open-concept layout is a blank slate for your vision, readily accommodating a 2nd bedroom or private den—a simple customization of adding drywall and a door unlocks the full potential of this exceptional urban home. You’ll love the modern style with loft-inspired character, complete with original bamboo flooring, exposed concrete accents, all opening to a huge balcony, a true standout feature ideal for entertaining, dining al fresco, or simply relaxing while soaking in the sweeping skyline and coastal vistas. The kitchen features stainless appliances, recessed lighting, and an eat-at bar for casual dining. Additional highlights include an upgraded washer and dryer, two excellent, separate parking spaces (rare P1 and a P3). Whether you’re seeking a stylish city residence, a smart investment, or a flexible live/workspace, this home offers unmatched views with a central Downtown location! VA approved. Smart Corner is an all-encompassing hub of work, play, shop, and live! It is conveniently located near the 163 freeway, I-5, Highway 94, Petco Park, the Gaslamp Quarter, San Diego City College, and Balboa Park. A trolley station located below the development ensures Smart Corner has all an urban dweller could want. Amenities include 20th floor roof-top sun deck with forever views of the city skyline, 10-person hot tub, barbecue area, wet bar, 2nd floor Fitness Center, PLUS on-site management, and security. 2nd bedroom does not have a closet

Mortgage Calculator

Est. Monthly Payment

$5,489

Principal & Interest$3,539
Property Tax$700
Insurance$204
HOA$1,046
%($139,980)
%

Location

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Investment Score

40C
Est. Monthly Rent
$4,430
Monthly Cashflow

Rent − PITIA

$-1,059
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,661

Mortgage (P+I)
$3,539
Cap Rate
1.50%
Cash-on-Cash
-22.82%
DSCR

Need ≥ 1.25 for DSCR loan

0.81
Break-even Rent
$7,886

NOI (Annual)
$10,531
Price-to-Rent

Lower = better for investors

13.2

* 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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