120 Island Avenue
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120 Island Avenue #447

A

San Diego, CA 92101

$499,999
NEW — 7d

Beds

Baths

1

Sqft

626

Year Built

2002

Days on Market

7

Property Type

Condo

HOA/mo

$576

MLS ID

PTP2604998

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

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About This Property

*SELLER MOTIVATED! BUYER INCENTIVES AVAILABLE!* Seller is offering buyer credits that may be used toward an interest rate buy-down, potentially resulting in rates as low as *4.99%* for qualified buyers, or toward closing costs (subject to lender approval). Contact the listing agent for details and available financing options. Experience modern downtown San Diego living in this fully remodeled, top-floor loft-style condo located in the highly sought-after Atria community! Soaring ceilings and oversized windows fill the home with natural light while showcasing stunning city views. The designer kitchen features white shaker cabinetry, quartz countertops, stainless steel appliances, and a sleek contemporary finish. Luxury vinyl plank flooring flows throughout the open-concept layout, complemented by a beautifully remodeled bathroom and convenient in-unit washer and dryer hookups. Enjoy resort-style amenities including a fully equipped fitness center, BBQ area, recreation room, and one assigned underground parking space all in the heart of downtown, just moments from restaurants, shopping, dining, and entertainment.

Mortgage Calculator

Est. Monthly Payment

$3,750

Principal & Interest$2,528
Property Tax$500
Insurance$146
HOA$576
%($100,000)
%

Location

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Investment Score

57B
Est. Monthly Rent
$3,250
Monthly Cashflow

Rent − PITIA

$-500
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,664

Mortgage (P+I)
$2,528
Cap Rate
2.07%
Cash-on-Cash
-19.97%
DSCR

Need ≥ 1.25 for DSCR loan

0.87
Break-even Rent
$5,412

NOI (Annual)
$10,366
Price-to-Rent

Lower = better for investors

12.8

* 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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