
1199 Pacific Highway #3401
Dbottom 20%San Diego, CA 92101
96 licensed short-term rentals within ½ mile (87 whole home), from the cities' license and permit lists of Nov 10, 2026.
No unit in this 39-unit complex holds a short-term rental license, so nothing shows its HOA allows them. Get the CC&Rs before counting on short-term income.
Pass at asking: -$11,827/mo full cashflow at 20% down, 7.43% rate.
Works at $460,159 (77% under asking); even all cash loses money at asking.
Rent $7,000/mo from 3 leases in this building ($6,762–$7,621).
Beds
2
Baths
2
Sqft
1,684
Year Built
2004
Days on Market
94
Property Type
Condo
HOA/mo
$1,856
MLS ID
260019097SD
This property is in San Diego (92101). View neighborhood stats →
About This Property
Experience waterfront living from the 34th floor of The Grande South in this highly desirable and rarely available 2 bed + den floor plan. Thoughtfully renovated with designer finishes, this exceptional residence showcases panoramic, unobstructed views of San Diego Bay, the Pacific Ocean & downtown skyline from nearly every room. Wide plank French oak flooring flows throughout, complementing the open concept design & sophisticated interiors. The spacious living, dining, and kitchen areas seamlessly connect to a private covered balcony, the perfect place to enjoy sunsets, passing yachts, and SeaWorld fireworks. The beautifully appointed kitchen features top of the line Miele and GE Monogram appliances, stone countertops, custom designer finishes, and new fixtures. A brand new washer & dryer, approximately 170 square feet of closet space, and Toto fixtures in both bathrooms complete this exceptional residence. Ideally located in the Columbia District, The Grande South places you at the center of San Diego's premier waterfront lifestyle, just moments from Little Italy's celebrated restaurants, cafés, boutiques, Seaport Village, and the harbor. Overlooking the multibillion dollar Embarcadero redevelopment, one of the most significant waterfront redevelopment projects in the country, this extraordinary location is being transformed with new parks, world class dining, luxury hotels, museums, and vibrant public spaces, making this an exceptional opportunity to own in one of San Diego's most exciting and evolving neighborhoods. (2) car side-by-side parking & storage.
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Est. Monthly Payment
$15,550
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
$7,000
Comp Average
$5,815
550 Front Street
2bd / 2.5ba · 1,676 sqft · Condo
$2.10M
Est. $5,485/mo
550 Front St.
2bd / 2.5ba · 1,676 sqft · Condo
$2.38M
Est. $5,485/mo
1205 Pacific Hwy
2bd / 2ba · 1,675 sqft · Condo
$1.60M
Est. $5,951/mo
550 Front Street
2bd / 2.5ba · 1,676 sqft · Condo
$2.50M
Est. $4,826/mo
1388 Kettner Blvd
2bd / 2ba · 1,685 sqft · Condo
$2.19M
Est. $7,330/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
3 leases in this building · $6,762–$7,621
Thin data: only 3 leases behind this number.
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$11,827/mo short at 20% down; +$15,359/mo rent closes it.
- Break-even price
- $460,159
- Break-even rent
- $22,359/mo
- Cashflow at 35% down
- −$9,743/mo
- Down payment to break even
- Not reachable
- Rate to break even
- Not reachable
77% under asking
$15,359/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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