1333 8th Ave

1333 8th Ave #705

D

San Diego, CA 92101

$725,000

Beds

2

Baths

2

Sqft

1,143

Year Built

1982

Days on Market

9

Property Type

Condo

HOA/mo

$877

MLS ID

260006641SD

Description

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.

Mortgage Calculator

Est. Monthly Payment

$5,479

Principal & Interest$3,666
Property Tax$725
Insurance$211
HOA$877
%($145,000)
%

Investment Score

2D
Est. Monthly Rent
$3,630
Monthly Cashflow

Rent − PITI − HOA

$-1,849
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,288

Mortgage (P+I)
$3,666
Cap Rate
0.63%
Cash-on-Cash
-27.21%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.66
Break-even Rent
$7,900

NOI (Annual)
$4,535
Price-to-Rent

Lower = better for investors

16.6

* 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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