1199 Pacific
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1199 Pacific #306

D

San Diego, CA 92101

$925,000
NEW — 0d

Soft Appraisal Value: $880,400 · 5.1% above estimate

Beds

1

Baths

1.5

Sqft

1,019

Year Built

2004

Days on Market

0

Property Type

Condo

HOA/mo

$1,797

MLS ID

260012903SD

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

About This Property

One of only two units at Grande South featuring two large terraces totaling 440+ additional sq ft! This 1 bed, 1.5 bath condo offers a sunny southwest exposure with peak-a-boo bay views and overlooks the pool. Both bathrooms and the kitchen have been beautifully remodeled, featuring a water filtration system, GE Monogram refrigerator, Dacor ovens, and Bosch dishwasher. Enjoy bamboo flooring, motorized roller shades throughout, and walls of windows for bright natural light. The private storage unit is conveniently located on the same floor (3rd floor) right next door in the hallway. Just one block to San Diego Bay and four blocks to Little Italy. A true outdoor lover’s dream with unmatched terrace space in downtown San Diego. The Grande offers resort living at its finest with 24-hr concierge and security, lap pool, steam room, sauna, spa, fitness and business centers, conference room, guest suite, and activity room w/ flat screen and pool table. The furnishings that beautifully complement this condo are included. Some decor and art are not included.

Mortgage Calculator

Est. Monthly Payment

$7,669

Principal & Interest$4,677
Property Tax$925
Insurance$270
HOA$1,797
%($185,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$3,986
Monthly Cashflow

Rent − PITIA

$-3,683
Full Cashflow

Incl. vacancy, PM, maint, capex

$-5,371

Mortgage (P+I)
$4,677
Cap Rate
-0.90%
Cash-on-Cash
-34.84%
DSCR

Need ≥ 1.25 for DSCR loan

0.52
Break-even Rent
$10,961

NOI (Annual)
$-8,323
Price-to-Rent

Lower = better for investors

19.3

* 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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