1160 9th Ave #1407
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1160 9th Ave #1407

Dbottom 20%

San Diego, CA 92101

$890,900
STR: check · HOA rules unknown · TOT 13.75%

182 licensed short-term rentals within ½ mile (143 whole home), from the cities' license and permit lists of Nov 7, 2026.

HOA rules unknown: an HOA can ban stays under 30 days (Civ. Code §4741), and no permit on file shows this one allows them. Get the CC&Rs.

Pass at asking: -$4,981/mo full cashflow at 20% down, 7.43% rate.

Works at $242,356 (73% under asking); even all cash loses money at asking.

Rent $4,023/mo from 35 leases of 2-bed condos & townhomes within 0.5 mi ($3,376–$4,184).

Beds

2

Baths

2

Sqft

1,160

Year Built

2027

Days on Market

94

Property Type

Condo

HOA/mo

$1,236

MLS ID

260019122SD

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

Virtual Tour

About This Property

Residence 1407 is an east-facing 2 bedroom plus den boasting a split bedroom layout, each with a walk-in closet, along with a spacious balcony featuring spectacular city and mountain views. BRAND NEW – The first Downtown San Diego condominium high-rise in nearly 8 years, the modern finishes include integrated Bosch kitchen appliances with Zephyr hood, kitchen island with waterfall edge, polished chrome Kohler fixtures, Caesarstone quartz countertops with polished tile backsplash, primary bathroom with dual vanity sinks, and glass enclosed shower, front-loading full-size washer and dryer. RESORT-STYLE AMENITIES – The residences at Andia include a stunning amenity collection including the Pool Terrace, Fitness Center with Spin Studio and Exercise and Yoga Studio, and rooftop Sky Terrace & Lounge. Andia by Bosa Development brings new heights to Downtown San Diego. Featuring modern design and resort-styled amenities, Andia soars 40 stories above the center of the city, showcasing thoughtfully appointed 1- and 2-bedroom residences. This is not an offer to sell but intended for information only. The developer reserves the right to make modification in materials, specifications, plans, pricing, designs, scheduling and delivery without prior notice. Renderings, photography, illustrations and other information described herein are representative only and are not intended to reflect any specific feature or view when built. No representation and warranties are made with regard to the accuracy, completeness or suitability of the information published herein.

Mortgage Calculator

Est. Monthly Payment

$7,336

Principal & Interest$4,949
Property Tax$891
Insurance$260
HOA$1,236
%($178,180)
%
Loan Term

Location

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Investment Score

2D
Est. Monthly Rent
$4,023

35 leases of 2-bed condos & townhomes within 0.5 mi · $3,376–$4,184

Blended 50/50 with the zip's market median ($4,433)

Monthly Cashflow

Rent − PITIA

-$3,313
Full Cashflow

Incl. vacancy, PM, maint, capex

-$4,981

What would make this work?

$4,981/mo short at 20% down; +$6,469/mo rent closes it.

Break-even price

73% under asking

$242,356
Break-even rent

$6,469/mo above the estimate

$10,492/mo
Cashflow at 35% down
−$4,053/mo
Down payment to break even

Negative even all-cash

Not reachable
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$4,949
Cap Rate
0.23%
Cash-on-Cash
-33.55%
DSCR

Need ≥ 1.25 for DSCR loan

0.55

NOI (Annual)
$2,035
Price-to-Rent

Lower = better for investors

18.5

* 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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DCashflow−$4,981/mo