1240 India Street San Diego

1240 India Street San Diego

D

, CA 92101

$687,500

Beds

1

Baths

1

Sqft

724

Year Built

2003

Days on Market

47

Property Type

Condo

HOA/mo

$788

MLS ID

2601214SD

Description

RARE OFFERING - Over 600 SF PRIVATE DECK with Iconic City Views. An extraordinary opportunity to own a condo with an expansive 600 plus square foot private deck - large enough to comfortably entertain 20 guests and nearly doubling your living space. This exceptional outdoor retreat offers sweeping city views, beautiful sunlight throughout the day, and ample room to create a custom outdoor oasis, including the potential for raised herb or garden planters. The 10th Floor is also unique only having 4 additional units making this floor private. Ideally situated on iconic India Street in the heart of the Columbia District, this home provides effortless access to the Coaster and train station, along with vibrant dining, waterfront paths, and city conveniences just moments away. Including the new Whole Foods which will be open in the Spring. Inside, the residence is light, bright, and thoughtfully designed with an excellent floor plan tailored for entertaining. Highlights include hardwood floors, a stacked-stoned fireplace, and an open concept kitchen that flows seamlessly into the living area. A full size washer and dryer add everyday convenience. The Treo building is known for its low HOA fees while still offering an impressive suite of amenities: 24-hour security, underground private parking, a resort-style pool and jacuzzi, a fully equipped gym, and dedicated bike and storage options - perfect for an active, urban lifestyle. Homes with this level of private outdoor space, location and amenities rarely come to the market. This is truly a one of a kind offering.

Mortgage Calculator

Est. Monthly Payment

$5,152

Principal & Interest$3,476
Property Tax$688
Insurance$201
HOA$788
%($137,500)
%

Investment Score

47D
Est. Monthly Rent

Market Rent Estimate

$5,249
Monthly Cashflow

Rent − PITI − HOA

+$96
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,684

Mortgage (P+I)
$3,476
Cap Rate
3.13%
Cash-on-Cash
0.84%
DSCR
1.51
Break-even Rent
$5,153

NOI (Annual)
$21,508
Price-to-Rent

Lower = better for investors

10.9

* Defaults: 20% down, 6.5% rate, 30yr.

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