1199 Pacific Hwy

1199 Pacific Hwy #704

D

San Diego, CA 92101

$998,900
NEW — 0d on market

Beds

2

Baths

2

Sqft

1,336

Year Built

2004

Days on Market

0

Property Type

Condo

HOA/mo

$1,826

MLS ID

260007374SD

Description

Come see what luxury living all is about at the Grande South! Polished & pristine, this gorgeous condo is highlighted by walls of windows bringing in great natural light while enjoying the beautiful cityscape and bay views from this lightly lived in southeast corner residence. This 7th floor unit features rich engineered wood floors, an ambient fireplace, and an expansive private balcony overlooking the ever-changing city and bustling Embarcadero. The chef’s kitchen boasts premium stainless appliances, recessed lighting, and gleaming granite surfaces plus a breakfast bar. The open living/dining area is perfect for entertaining with a tranquil backdrop to enliven the experience! The spacious primary suite offers sunrise mornings, walk-in closet, ensuite bathroom with frameless shower and dual vanity. Plus, newer upgraded LG ThinQ stackable washer and of storage throughout. Embrace sophisticated urban living on Millionaire’s Row! The Grande offers top-notch resort-style amenities including a newer updated and upgraded fitness center, sauna & steam room, 80-foot outdoor pool, barbecue area, club room, fully furnished meeting room, guest suite, and bicycle storage. Located across from the Embarcadero, you are sure to enjoy the prime location walkable to the waterfront, Little Italy, and Rady’s Shell at Jacobs Park, a unique live music venue and home of the San Diego Symphony! Also enjoy proximity to the future life science and biotechnology research development The Research and Development District (The RaDD) at the Embarcadero and the sustainable tech-focused Horton Plaza Redevelopment in the center of the city. Some photos are virtually staged. Builder indicated 1336sqft, assessor’s record states 1227sqft.

Mortgage Calculator

Est. Monthly Payment

$8,167

Principal & Interest$5,051
Property Tax$999
Insurance$291
HOA$1,826
%($199,780)
%

Investment Score

0D
Est. Monthly Rent
$3,630
Monthly Cashflow

Rent − PITI − HOA

$-4,537
Full Cashflow

Incl. vacancy, PM, maint, capex

$-6,204

Mortgage (P+I)
$5,051
Cap Rate
-1.39%
Cash-on-Cash
-37.27%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.44
Break-even Rent
$11,687

NOI (Annual)
$-13,839
Price-to-Rent

Lower = better for investors

22.9

* 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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