
1333 8th Ave 705
Ctop 80%San Diego, CA 92101
Pass at asking: -$3,324/mo full cashflow at 20% down, 7.49% rate.
Works at $268,097 (62% under asking), or at 89% down.
Rent $4,010/mo from 28 leases of 2-bed condos & townhomes within 0.5 mi ($3,353–$3,969).
Beds
2
Baths
2
Sqft
1,143
Year Built
1982
Days on Market
1
Property Type
Condo
HOA/mo
$1,020
MLS ID
260026094SD
This property is in San Diego (92101). View neighborhood stats →
About This Property
Welcome to Symphony Terrace in the highly desirable Cortez Hill neighborhood of downtown San Diego. This beautifully remodeled southwest corner residence offers abundant natural light, refreshing cross breezes, and sweeping city views from the living room, private balcony, and both bedrooms. Thoughtfully updated throughout, the home features an open-concept layout with upgraded flooring, baseboards, and modern finishes. Continued in Supplement below... The renovated kitchen is designed for both style and functionality, showcasing granite countertops, stainless steel appliances, recessed lighting, and custom cabinetry with soft-close doors and drawers. Both bathrooms have been tastefully remodeled with updated cabinetry, countertops, and fixtures. The spacious primary suite includes a walk-in closet and a sleek walk-in shower. Additional highlights include in-unit laundry, two tandem underground parking spaces, and a private storage locker--offering both convenience and value. Symphony Terrace is a well-maintained community offering resort-style amenities, including a pool, spa, fitness center, sauna, steam room, bike storage, guest suite, and poolside barbecue area. Ideally located with easy access to Interstate 5 and Highway 163, Cortez Hill provides a peaceful residential setting just moments from the vibrant energy of Little Italy, the Gaslamp Quarter, and Balboa Park. This is an exceptional opportunity to own a move-in ready residence in one of downtown's most charming and convenient neighborhoods.
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Est. Monthly Payment
$5,829
Location
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Comparable Properties
5 comps foundThis Property
$4,010
Comp Average
$3,780
1333 8th Avenue
2bd / 2ba · 1,143 sqft · Condo
$525K
Est. $4,010/mo

1514 7th Ave 104
2bd / 2ba · 1,069 sqft · Condo
$550K
Est. $3,100/mo
1643 6th Ave.
2bd / 2ba · 1,145 sqft · Condo
$600K
Est. $3,225/mo
700 E
2bd / 2ba · 1,161 sqft · Condo
$740K
Est. $4,564/mo
850 Beech St
2bd / 2ba · 1,133 sqft · Condo
$760K
Est. $4,000/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
28 leases of 2-bed condos & townhomes within 0.5 mi · $3,353–$3,969
Blended 50/50 with the zip's market median ($4,444)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$3,324/mo short at 20% down; 89% down or +$4,317/mo rent closes it.
- Break-even price
- $268,097
- Break-even rent
- $8,327/mo
- Cashflow at 35% down
- −$2,592/mo
- Down payment to break even
- 89%
- Rate to break even
- Not reachable
62% under asking
$4,317/mo above the estimate
$622,110 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.49% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.
Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.
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