
1205 Pacific Hwy #1206
Dbottom 20%San Diego, CA 92101
114 licensed short-term rentals within ½ mile (104 whole home), from the cities' license and permit lists of Nov 8, 2026.
No unit in this 42-unit complex holds a short-term rental license, so nothing shows its HOA allows them. Get the CC&Rs before counting on short-term income.
Pass at asking: -$9,014/mo full cashflow at 20% down, 7.43% rate.
Works at $425,345 (73% under asking); even all cash loses money at asking.
Rent $6,101/mo from 7 leases in this building ($6,325–$6,841). Previously leased for $5,700.
Beds
2
Baths
2
Sqft
1,675
Year Built
2005
Days on Market
184
Property Type
Condo
HOA/mo
$1,431
MLS ID
260011223SD
This property is in San Diego (92101). View neighborhood stats →
About This Property
Experience elevated downtown living at The Grande North in this beautifully remodeled residence featuring 2 bedrooms, 2 bathrooms, plus a versatile den. Designed with both style and comfort in mind, this light-filled condo offers sweeping views from every room and an open-concept layout ideal for modern living. The upgraded kitchen showcases premium stainless-steel appliances, gas range, quartz countertops, custom cabinetry, wine fridge, and updated lighting throughout. Wide-plank LVP flooring and a neutral designer palette create a sophisticated yet inviting atmosphere. Floor-to-ceiling windows fill the home with natural light, while the expansive private patio provides the perfect setting to unwind and enjoy stunning western sunset and bay views. Additional highlights include generous closet space, an in-unit laundry closet with newer washer and dryer, a private storage room, and two-car tandem parking. Residents of The Grande North enjoy resort-style amenities, including concierge service, 24-hour security, four elevators, an 80-foot heated pool, spa, fitness center, sauna, steam room, barbecue area, lounge/event space, guest suite accommodations, secure underground parking, and professional on-site management. Perfectly situated near Little Italy and Seaport Village, this exceptional home places you moments from waterfront attractions, acclaimed dining, shopping, and the best of downtown San Diego living. Don’t miss this rare opportunity to own a luxurious residence with breathtaking views in one of the city’s premier high-rises.
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Est. Monthly Payment
$12,379
Location
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Zoned Schools
Elementary
Washington Elementary · grades PK-5 · San Diego Unified
Middle
Roosevelt International Middle · grades 6-8 · San Diego Unified
High
San Diego High · grades 9-12 · San Diego Unified
The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.
Comparable Properties
5 comps foundThis Property
$6,101
Comp Average
$5,881
645 Front St
2bd / 2.5ba · 1,713 sqft · Condo
$1.10M
Est. $5,788/mo
1262 Kettner Blvd
2bd / 2ba · 1,772 sqft · Condo
$1.34M
Est. $5,649/mo
1199 Pacific Highway
2bd / 2ba · 1,684 sqft · Condo
$2.00M
Est. $7,000/mo
550 Front Street
2bd / 2.5ba · 1,676 sqft · Condo
$2.10M
Est. $5,485/mo
550 Front St.
2bd / 2.5ba · 1,676 sqft · Condo
$2.38M
Est. $5,485/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
Previously leased for $5,700
7 leases in this building · $6,325–$6,841
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$9,014/mo short at 20% down; +$11,706/mo rent closes it.
- Break-even price
- $425,345
- Break-even rent
- $17,807/mo
- Cashflow at 35% down
- −$7,348/mo
- Down payment to break even
- Not reachable
- Rate to break even
- Not reachable
73% under asking
$11,706/mo above the estimate
Negative even all-cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.43% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.
Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.
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