1199 Pacific Hwy San Diego

1199 Pacific Hwy San Diego

D

, CA 92101

$698,000

Beds

1

Baths

1.5

Sqft

899

Year Built

2004

Days on Market

8

Property Type

Condo

HOA/mo

$1,786

MLS ID

260004268SD

View on MLS

Description

Grande South, embrace sophisticated living on Millionaires Row. OFFERED FULLY FURNISHED, the Best 1 bedroom 1 1/2 Bath floor-plan Downtown encompassing approximately 899 square feet & 1 assigned parking space. Interior finishes feature Brazilian Cherry Hardwood Floors throughout (NO CARPET), White Cabinets, beautiful granite counters, & stainless steel appliances. Enjoy expansive private terrace that is large enough for BBQ, table & chairs. Bedroom furnished w/ luxurious king-bed. Residence is exquisitely furnished & decorated throughout as per photos (including all kitchenware). Grande South features pool, spa, fitness, sauna, steam, guest suite, guest pkg, 24 hour security & concierge. The Grande South is one of the Best residential high-rise towers in Downtown. Featuring all the amenities one would expect at a fine Resort such as pool, spa, Fitness Center, Steam Room, Sauna, Community Room with kitchen, pool table and large screen TV, Concierge and 24 hour Security. Spectacular Views from the 13th floor of this Exquisite Residence. Views of City Skyline and some Harbor Views and Coronado Bridge. Interior finishes boast Brazilian Cherry hardwood floors, white cabinetry, Black-Sapphire Granite counters and high-end appliances. The Grande is one of the finest high-rise Residential Towers on the West Coast featuring pool, spa, fitness, sauna & steam rooms, community lounge, business center, guest suite, concierge and 24 hour security. OFFERED FULLY FURNISHED! NOTICE: Builder's Brochure states 899 sq. ft. but recently settled lawsuit suggests square footage may be different - buyer to verify

Mortgage Calculator

Est. Monthly Payment

$6,217

Principal & Interest$3,529
Property Tax$698
Insurance$204
HOA$1,786
%($139,600)
%

Investment Score

10D
Est. Monthly Rent

Market Rent Estimate

$5,231
Monthly Cashflow

Rent − PITI − HOA

$-986
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,771

Mortgage (P+I)
$3,529
Cap Rate
1.30%
Cash-on-Cash
-8.48%
DSCR
1.48
Break-even Rent
$6,217

NOI (Annual)
$9,098
Price-to-Rent

Lower = better for investors

11.1

* Defaults: 20% down, 6.5% rate, 30yr.

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