1240 India Street
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1240 India Street #1204

B

San Diego, CA 92101

$435,000
NEW — 2d

Soft Appraisal Value: $432,000 · 0.7% above estimate

Beds

1

Baths

1

Sqft

724

Year Built

2003

Days on Market

2

Property Type

Condo

HOA/mo

$788

MLS ID

PW26140994

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

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About This Property

Located in the highly desirable TREO community in Downtown San Diego’s sought-after Columbia/Core District, this 1-bedroom, 1-bath condo presents an outstanding opportunity for investors and buyers looking to add value in one of downtown’s most desirable neighborhoods.Offering approximately 724 square feet of living space, this unit is ready for its next transformation. The existing carpet has been removed from the living room and bedroom, providing a blank canvas for your renovation vision. Tile flooring remains in the entry and kitchen areas. The property will require new flooring and interior paint.Enjoy a private balcony and an unbeatable location just a five-minute walk to the San Diego Bay waterfront. Ideally situated near Little Italy, Waterfront Park, the Embarcadero, the Maritime Museum, Portside Pier, the USS Midway Museum, the Cruise Ship Terminal, Tuna Harbor, Seaport Village, and countless restaurants, cafés, shopping, and entertainment options.Whether you’re looking for your next investment property, long-term rental, or value-add opportunity, this condo presents a rare opportunity in one of Downtown San Diego’s most convenient and desirable locations.

Mortgage Calculator

Est. Monthly Payment

$3,549

Principal & Interest$2,200
Property Tax$435
Insurance$127
HOA$788
%($87,000)
%

Location

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Investment Score

42C
Est. Monthly Rent
$2,693
Monthly Cashflow

Rent − PITIA

$-857
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,838

Mortgage (P+I)
$2,200
Cap Rate
1.00%
Cash-on-Cash
-25.36%
DSCR

Need ≥ 1.25 for DSCR loan

0.76
Break-even Rent
$5,081

NOI (Annual)
$4,333
Price-to-Rent

Lower = better for investors

13.5

* 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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