1333 8th Avenue

1333 8th Avenue #905

B

San Diego, CA 92101

$599,900
NEW — 6d

Soft Appraisal Value: $582,300 · 3.0% above estimate

Beds

2

Baths

1.5

Sqft

1,143

Year Built

1982

Days on Market

6

Property Type

Condo

HOA/mo

$877

MLS ID

PTP2604560

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

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About This Property

Experience Urban Living at Its Best at Symphony Terrace in Cortez Hill. Symphony Terrace in the highly desirable Cortez Hill neighborhood of Downtown San Diego. This impressive 2-bedroom, 2-bathroom condominium offers 1,143 square feet of thoughtfully designed living space. Perched on the top floor as a coveted end unit, With just 1 Common wall Residence 905 showcases spectacular northwesterly views, including peek-a-boo water views, the Coronado Bridge, and the iconic El Cortez Hotel. Enjoy the warmth of the unique wood-burning fireplace or relax while taking in the cool breezes high above the city. This well-appointed home features forced-air heating and cooling, in-unit laundry, and is located within a quiet, secure, gated community. Two underground gated parking spaces, conveniently located near the elevator, are included. Community amenities feature dual air-conditioned fitness rooms, a covered and open-air patio lounge, BBQ area, swimming pool, and hot tub. Residents also enjoy access to a private guest suite that can be reserved for visiting family and friends for a reasonable fee. Ideally located near many of Downtown San Diego's premier attractions, Symphony Terrace is just minutes, Or a short Walk from world-class dining, arts and music venues, Petco Park, Seaport Village, Balboa Park & Little Italy. Don't miss this exceptional opportunity to own 1333 Eighth Avenue, Unit 905.

Mortgage Calculator

Est. Monthly Payment

$4,685

Principal & Interest$3,033
Property Tax$600
Insurance$175
HOA$877
%($119,980)
%

Location

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Investment Score

37C
Est. Monthly Rent
$3,529
Monthly Cashflow

Rent − PITIA

$-1,156
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,468

Mortgage (P+I)
$3,033
Cap Rate
1.13%
Cash-on-Cash
-24.68%
DSCR

Need ≥ 1.25 for DSCR loan

0.75
Break-even Rent
$6,734

NOI (Annual)
$6,786
Price-to-Rent

Lower = better for investors

14.2

* 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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