1199 Pacific
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1199 Pacific #3703

C

San Diego, CA 92101

$3,698,000

Soft Appraisal Value: $3,462,600 · 6.8% above estimate

Beds

3

Baths

1.5

Sqft

1,944

Year Built

2004

Days on Market

11

Property Type

Condo

HOA/mo

$1,880

MLS ID

260014677SD

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

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About This Property

Situated on the 37th floor of The Grande South, this exceptional west-facing penthouse offers sweeping water views over San Diego's iconic waterfront. Encompassing approx.1,944 sq. ft. on a single level, Residence #3703 captures breathtaking 280-degree views from the Coronado Bridge, Point Loma, the Embarcadero, Balboa Park, and all the way to La Jolla. This 3-bedroom residence showcases timeless craftsmanship & luxurious finishes. Elegant hand-selected Italian travertine flooring & baseboards, hand-crafted mosaic stonework, Venetian plaster walls & ceilings, & custom cherrywood cabinetry create a living environment unlike any other. The living area is anchored by a floor-to-ceiling Italian marble fireplace. The gourmet kitchen is designed for both everyday living & entertaining, featuring Viking appliances, a Sub-Zero refrigerator, a Bosch dishwasher, & a breakfast nook. The primary suite enjoys water views & custom built-ins with a new 77” Sony TV & equipment. The primary bath offers hand-carved marble sinks, book-matched marble slabs on the floor & shower, & exquisite bronze and gold-plated fixtures. Also featured is a 7ft custom-made beveled mirror with marble trim. Also included is an office with hand-carved cherrywood shelving, Baldwin bronze hardware throughout, 2 private balconies, in-unit laundry, surround sound, automated window coverings, a private storage unit on the 37th floor, & two side-by-side parking spaces. Residents of The Grande South enjoy resort-style amenities, including a pool/spa, fitness center, sauna, concierge, guest suite, & 24hr security.

Mortgage Calculator

Est. Monthly Payment

$25,356

Principal & Interest$18,699
Property Tax$3,698
Insurance$1,079
HOA$1,880
%($739,600)
%

Location

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Investment Score

0D
Est. Monthly Rent
$5,996
Monthly Cashflow

Rent − PITIA

$-19,360
Full Cashflow

Incl. vacancy, PM, maint, capex

$-23,821

Mortgage (P+I)
$18,699
Cap Rate
-1.66%
Cash-on-Cash
-38.65%
DSCR

Need ≥ 1.25 for DSCR loan

0.24
Break-even Rent
$36,932

NOI (Annual)
$-61,461
Price-to-Rent

Lower = better for investors

51.4

* 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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