1225 Island Ave

1225 Island Ave

D

San Diego, CA 92101

$660,000

Beds

2

Baths

2

Sqft

1,111

Year Built

2005

Days on Market

26

Property Type

Condo

HOA/mo

$591.29

MLS ID

260005035SD

View on MLS

Description

Bright Corner Condo with a prime location in East Village with city views! This 2-bedroom, 2-bathroom offers the ultimate urban lifestyle. From the moment you enter the welcoming hallway, large windows fill the space with natural light, making it feel open and airy. Enjoy privacy with the split-bedroom layout – perfect for roommates, guests, or a home office. Your spacious private balcony is your front-row seat to city views. Two deeded tandem parking spots included! Plus, keep more in your pocket with low HOA dues that cover access to a soothing jacuzzi. Imagine your life: Stroll to Padres games at Petco Park, explore UC San Diego Park & Market, grab coffee at a local cafe, dine at top-rated restaurants, or enjoy a waterfront run along the Embarcadero. Live the ultimate walkable lifestyle, you are also surrounded by the Gaslamp, library, grocery stores, and Fit Athletic Club. With easy freeway and trolley access, downtown is your playground. You'll love the fresh look of the building, thanks to recent exterior painting and new carpet and paint in the hallways. Security is also a priority with a gated entrance.

Mortgage Calculator

Est. Monthly Payment

$4,781

Principal & Interest$3,337
Property Tax$660
Insurance$192
HOA$591
%($132,000)
%

Investment Score

4D
Est. Monthly Rent
$3,655
Monthly Cashflow

Rent − PITI − HOA

$-1,126
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,516

Mortgage (P+I)
$3,337
Cap Rate
1.49%
Cash-on-Cash
-22.88%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.76
Break-even Rent
$6,923

NOI (Annual)
$9,853
Price-to-Rent

Lower = better for investors

15.0

* 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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