110 Island Avenue
Dbottom 20%San Diego, CA 92101
One license per person in San Diego: whether you can hold it depends on you, not only the home.
108 licensed short-term rentals within ½ mile (88 whole home), from the cities' license and permit lists of Nov 11, 2026.
1 short-term rental license on file in this 8-unit complex, so its HOA has allowed them. Confirm in the CC&Rs: an HOA can ban stays under 30 days (Civ. Code §4741).
Pass at asking: -$7,290/mo full cashflow at 20% down, 7.43% rate.
Works at $340,504 (74% under asking); even all cash loses money at asking.
Rent $5,470/mo from 48 leases of 2-bed condos & townhomes within 0.5 mi, same school area ($4,262–$6,707).
Beds
2
Baths
2.5
Sqft
1,612
Year Built
2002
Days on Market
99
Property Type
Townhouse
HOA/mo
$1,597
MLS ID
PTP2605866
This property is in San Diego (92101). View neighborhood stats →
About This Property
110 W Island Ave is a pristine recently renovated end unit townhouse in the Marina District. Horizons is one of the highly desirable developments in Downtown San Diego. a 2 bedroom 2.5 bathroom townhouse with plenty of natural light. High ceilings and luxurious appliances, laminate floors, custom staircase lighting among other features. Underground parking for 2 autos - #93 & #112 on P1, 1 storage space #183 on P1.
Mortgage Calculator
Est. Monthly Payment
$10,427
Location
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Zoned Schools
Elementary
Washington Elementary · grades PK-5 · San Diego Unified
Middle
Roosevelt International Middle · grades 6-8 · San Diego Unified
High
San Diego High · grades 9-12 · San Diego Unified
The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.
Comparable Properties
5 comps foundThis Property
$5,470
Comp Average
$5,635
877 Island Ave
2bd / 2ba · 1,620 sqft · Condo
$850K
Est. $5,027/mo
540 9th Avenue
2bd / 2ba · 1,588 sqft · Condo
$1.10M
Est. $5,295/mo
1325 Pacific Hwy.
2bd / 2ba · 1,482 sqft · Condo
$1.30M
Est. $6,152/mo
700 Harbor
2bd / 2ba · 1,545 sqft · Condo
$1.49M
Est. $5,750/mo
1205 Pacific Hwy
2bd / 2ba · 1,675 sqft · Condo
$1.60M
Est. $5,951/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
48 leases of 2-bed condos & townhomes within 0.5 mi, same school area · $4,262–$6,707
Blended 50/50 with a property-level estimate
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$7,290/mo short at 20% down; +$9,467/mo rent closes it.
- Break-even price
- $340,504
- Break-even rent
- $14,937/mo
- Cashflow at 35% down
- −$5,946/mo
- Down payment to break even
- Not reachable
- Rate to break even
- Not reachable
74% under asking
$9,467/mo above the estimate
Negative even all-cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.43% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.
Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.
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