1225 Island Ave
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1225 Island Ave #208

C

San Diego, CA 92101

$657,000
NEW — 0d

Soft Appraisal Value: $650,100 · 1.1% above estimate

Beds

2

Baths

2

Sqft

1,111

Year Built

2005

Days on Market

0

Property Type

Condo

HOA/mo

$591.29

MLS ID

260010680SD

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

About This Property

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

$4,762

Principal & Interest$3,322
Property Tax$657
Insurance$192
HOA$591
%($131,400)
%

Location

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Investment Score

38C
Est. Monthly Rent
$3,511
Monthly Cashflow

Rent − PITIA

$-1,251
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,606

Mortgage (P+I)
$3,322
Cap Rate
1.31%
Cash-on-Cash
-23.80%
DSCR

Need ≥ 1.25 for DSCR loan

0.74
Break-even Rent
$6,896

NOI (Annual)
$8,588
Price-to-Rent

Lower = better for investors

15.6

* 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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