1262 Kettner Blvd
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1262 Kettner Blvd #2002

D

San Diego, CA 92101

$1,199,000

Soft Appraisal Value: $1,164,200 · 3.0% above estimate

Beds

2

Baths

2

Sqft

1,283

Year Built

2008

Days on Market

8

Property Type

Condo

HOA/mo

$1,764.89

MLS ID

260011515SD

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

About This Property

Perched high above Downtown San Diego, Residence 2002 at Sapphire Tower is a rare corner residence with north, east, and west exposures showcasing sweeping views of San Diego Bay, the city skyline, and the surrounding urban landscape. Floor-to-ceiling glass and approximately 10-foot ceilings create a striking sense of volume and light, while a wraparound balcony extends the living space outdoors and captures the energy of the city from multiple vantage points. Ideally positioned between Little Italy and the Columbia District, this former model and sales office residence reflects an elevated level of finish and thoughtful upgrades throughout. Hardwood flooring extends through the main living areas and primary bedroom, complemented by a full smart home system, motorized blinds in every room, upgraded lighting, dimmer switches, and Lutron app capabilities for effortless modern living. The split-bedroom floor plan places the primary suite and guest bedroom on opposite sides of the home, offering added privacy and separation for owners and guests. With only 97 residences, Sapphire Tower offers a boutique level of privacy rarely found in a full-service high-rise. Residence 2002 also includes two parking spaces with EV charging. Residents enjoy 24-hour front desk staff, a south-facing pool and spa with cabanas, sauna, fitness center, residents’ lounge, and movie room. Moments from the waterfront, Little Italy dining, the Embarcadero, and Downtown’s best lifestyle destinations, Residence 2002 offers an elevated blend of privacy, design, service, and panoramic San Diego views.

Mortgage Calculator

Est. Monthly Payment

$9,376

Principal & Interest$6,063
Property Tax$1,199
Insurance$350
HOA$1,765
%($239,800)
%

Location

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Investment Score

0D
Est. Monthly Rent
$4,819
Monthly Cashflow

Rent − PITIA

$-4,558
Full Cashflow

Incl. vacancy, PM, maint, capex

$-6,665

Mortgage (P+I)
$6,063
Cap Rate
-0.60%
Cash-on-Cash
-33.35%
DSCR

Need ≥ 1.25 for DSCR loan

0.51
Break-even Rent
$13,475

NOI (Annual)
$-7,229
Price-to-Rent

Lower = better for investors

20.7

* 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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