1388 Kettner Blvd

1388 Kettner Blvd #1706

D

San Diego, CA 92101

$1,600,000

Soft Appraisal Value: $3,414,300 · 53.1% below estimate

Beds

2

Baths

2

Sqft

1,408

Year Built

2019

Days on Market

20

Property Type

Condo

HOA/mo

$1,399.1

MLS ID

260006121SD

View on MLS

Description

Welcome to Savina residence 1706, where luxury meets location. This 2BR/2BA + nook southeast corner floorplan has rarely been available since the building’s completion. Perched on the 17th floor, this home boasts breathtaking views of the bay, San Diego city skyline, the cruise ship terminal, and even overlooks the Savina pool. Inside, the space is bathed in natural light thanks to a full wall of windows in the open living area. The thoughtfully designed layout includes a primary suite with an en suite bath, a secondary bedroom and separate guest bath, a versatile nook perfect for a home office or cozy reading spot, and a private balcony to soak in those signature San Diego sunsets. This residence is loaded with upgrades: engineered hardwood flooring throughout, additional recessed lighting installed throughout, automated shades, a built-in wine fridge, and an integrated AV/sound system. It also comes with two parking spaces and a storage unit. Perfectly positioned between the Waterfront and lively Little Italy, Savina provides the best of urban living. Residents enjoy over 24,000 square feet of hotel-inspired amenities, including a resort-style pool and spa, BBQ deck, a state-of-the-art gym + yoga terrace, social lounge, business center, 24-hour building staff, community EV charging stations, a pet retreat + dog wash, and Google Fiber Webpass internet included in the HOA dues.

Mortgage Calculator

Est. Monthly Payment

$11,556

Principal & Interest$8,090
Property Tax$1,600
Insurance$467
HOA$1,399
%($320,000)
%

Investment Score

0D
Est. Monthly Rent
$3,521
Monthly Cashflow

Rent − PITIA

$-8,036
Full Cashflow

Incl. vacancy, PM, maint, capex

$-10,179

Mortgage (P+I)
$8,090
Cap Rate
-1.57%
Cash-on-Cash
-38.17%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.30
Break-even Rent
$16,740

NOI (Annual)
$-25,059
Price-to-Rent

Lower = better for investors

37.9

* 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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