1205 Pacific Hwy #2504
1 / 20

1205 Pacific Hwy #2504

Dbottom 20%

San Diego, CA 92101

$789,000
STR: check · no permits in this complex · TOT 13.75%

116 licensed short-term rentals within ½ mile (106 whole home), from the cities' license and permit lists of Nov 11, 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: -$4,793/mo full cashflow at 20% down, 7.43% rate.

Works at $164,918 (79% under asking); even all cash loses money at asking.

Rent $3,502/mo from 1 lease in this building. Previously leased for $2,700.

Beds

1

Baths

1.5

Sqft

821

Year Built

2005

Days on Market

106

Property Type

Condo

HOA/mo

$1,430

MLS ID

260018307SD

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

Virtual Tour

About This Property

Experience elevated downtown living from the 25th floor of the iconic Grand North with breathtaking views of San Diego Bay, the harbor, and the city skyline. This beautifully maintained 1-bedroom, 1-bath residence offers approximately 821 square feet of light-filled living space with floor-to-ceiling windows, an open-concept floor plan, a private balcony, and one assigned secured parking space. Whether enjoying your morning coffee or taking in spectacular sunsets, the panoramic views of the downtown skyline and Coronado Bay Bridge, create an unforgettable backdrop. The Grand North is one of downtown San Diego's premier luxury high-rises, offering resort-style amenities including 24-hour concierge service, a pool and spa, fitness center, outdoor barbecue area, resident lounge, and the historic Conservatory. Ideally located in the prestigious Columbia District, you'll be just steps from the Embarcadero waterfront, Little Italy, Waterfront Park, Seaport Village, and countless restaurants, cafés, and entertainment venues. The San Diego Convention Center, cruise ship terminal, and San Diego International Airport are all just minutes away, with convenient access to the Coronado Bridge and the world-famous beaches, dining, and charm of Coronado. Whether you're seeking a primary residence, a sophisticated second home, or an exceptional investment opportunity, this home offers the very best of downtown waterfront living.

Mortgage Calculator

Est. Monthly Payment

$6,832

Principal & Interest$4,383
Property Tax$789
Insurance$230
HOA$1,430
%($157,800)
%
Loan Term

Location

Loading map...

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.

Investment Score

2D
Est. Monthly Rent
$3,502

Previously leased for $2,700

1 lease in this building

Thin data: only 1 lease behind this number.

Monthly Cashflow

Rent − PITIA

-$3,330
Full Cashflow

Incl. vacancy, PM, maint, capex

-$4,793

What would make this work?

$4,793/mo short at 20% down; +$6,225/mo rent closes it.

Break-even price

79% under asking

$164,918
Break-even rent

$6,225/mo above the estimate

$9,727/mo
Cashflow at 35% down
−$3,971/mo
Down payment to break even

Negative even all-cash

Not reachable
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$4,383
Cap Rate
-0.36%
Cash-on-Cash
-36.45%
DSCR

Need ≥ 1.25 for DSCR loan

0.51

NOI (Annual)
-$2,818
Price-to-Rent

Lower = better for investors

18.8

* 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.

Open Full Calculator
DCashflow−$4,793/mo