1388 Kettner Blvd

1388 Kettner Blvd #1504

D

San Diego, CA 92101

$1,595,000

Soft Appraisal Value: $1,363,700 · 17.0% above estimate

Beds

2

Baths

2

Sqft

1,444

Year Built

2019

Days on Market

27

Property Type

Condo

HOA/mo

$1,399.1

MLS ID

260004985SD

Description

Welcome to Residence 1504 at Savina, Downtown San Diego’s premier luxury high-rise ideally located just steps from the waterfront and vibrant Little Italy. Positioned on the 15th floor, this northeast corner home enjoys sweeping city skyline views with a dynamic urban perspective. From this vantage point, you also capture a surprisingly impressive glimpse of the bay to the west, creating a beautiful balance of city energy and water views from nearly every room. Spanning approximately 1,444 sqft, this 2BR/2BA + den/nook residence features an open-concept great room, hardwood flooring, power Lutron shades (manual blackout shades in the primary bedroom), and generous storage. The spacious primary suite includes a large walk-in closet, while the kitchen and living areas flow seamlessly for comfortable daily living and entertaining. The home is presented in pristine, move-in-ready condition. Savina residents enjoy over 24,000 sqft of resort-style amenities including a lobby with concierge, business lounge, state-of-the-art fitness center with outdoor yoga terrace, spa with sauna and steam room, and a pool terrace with cabanas, fire features, and communal dining areas. Additional amenities include a social lounge with chef’s kitchen and billiards, pet retreat and dog washing station, bike tune-up station, EV charging, and secure resident access.

Mortgage Calculator

Est. Monthly Payment

$11,524

Principal & Interest$8,065
Property Tax$1,595
Insurance$465
HOA$1,399
%($319,000)
%

Investment Score

0D
Est. Monthly Rent
$5,987
Monthly Cashflow

Rent − PITIA

$-5,537
Full Cashflow

Incl. vacancy, PM, maint, capex

$-8,243

Mortgage (P+I)
$8,065
Cap Rate
-0.13%
Cash-on-Cash
-31.01%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.52
Break-even Rent
$16,693

NOI (Annual)
$-2,139
Price-to-Rent

Lower = better for investors

22.2

* 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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