1388 Kettner Blvd

1388 Kettner Blvd #1509

D

San Diego, CA 92101

$1,650,000

Soft Appraisal Value: $1,545,700 · 6.7% above estimate

Beds

2

Baths

2

Sqft

1,375

Year Built

2019

Days on Market

18

Property Type

Condo

HOA/mo

$1,378.45

MLS ID

260006389SD

Description

Welcome to one of the best addresses in Downtown San Diego! This exceptional west-facing “09” residence offers beautiful San Diego Bay views and an abundance of natural light. The home features custom blinds, engineered hardwood flooring, recessed lighting throughout, and upgraded California Closets for optimal storage. Finished in the highly sought-after Urban scheme, the interior blends modern style with comfort and functionality. Ideally located just moments from the San Diego Bay and the vibrant shops and restaurants of Little Italy. Residents enjoy resort-style amenities including pool, spa, sauna, steam room, state-of-the-art fitness center, yoga deck, community lounge, concierge, BBQ areas, pet retreat with washing station, bike tune-up station, and more. Luxury living at its finest in the heart of downtown. Welcome to one of the best addresses in Downtown San Diego! This exceptional west-facing “09” residence offers beautiful San Diego Bay views and an abundance of natural light. The home features custom blinds, engineered hardwood flooring, recessed lighting throughout, and upgraded California Closets for optimal storage. Finished in the highly sought-after Urban scheme, the interior blends modern style with comfort and functionality. Ideally located just moments from the San Diego Bay and the vibrant shops and restaurants of Little Italy. Residents enjoy resort-style amenities including pool, spa, sauna, steam room, state-of-the-art fitness center, yoga deck, community lounge, concierge, BBQ areas, pet retreat with washing station, bike tune-up station, and more. Luxury living at its finest in the heart of downtown.

Mortgage Calculator

Est. Monthly Payment

$11,853

Principal & Interest$8,343
Property Tax$1,650
Insurance$481
HOA$1,378
%($330,000)
%

Investment Score

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

Rent − PITIA

$-8,332
Full Cashflow

Incl. vacancy, PM, maint, capex

$-10,517

Mortgage (P+I)
$8,343
Cap Rate
-1.58%
Cash-on-Cash
-38.24%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.30
Break-even Rent
$17,179

NOI (Annual)
$-26,079
Price-to-Rent

Lower = better for investors

39.1

* 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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