1388 Kettner Boulevard

1388 Kettner Boulevard #2803

D

San Diego, CA 92101

$1,695,000

Soft Appraisal Value: $1,363,700 · 24.3% above estimate

Beds

2

Baths

2

Sqft

1,438

Year Built

2019

Days on Market

27

Property Type

Condo

HOA/mo

$1,526

MLS ID

OC26051322

Description

Perched on the 28th floor of Savina, this exceptional two-bedroom, two-bathroom residence presents commanding panoramic views across San Diego Bay, the marina, and the downtown skyline from one of the building’s most elevated vantage points. With a northeast orientation, the residence captures the ever-changing beauty of the waterfront from sunrise over the city to evening light reflecting across the bay. Expansive windows fill the 1,438 square foot interior with natural light while framing sweeping bay views throughout the main living spaces. Hardwood floors run throughout the residence, and the open concept design connects the living, dining, and kitchen areas with ease, creating a setting that feels equally suited to everyday living and elevated entertaining high above the city. The kitchen is thoughtfully appointed with European inspired cabinetry, quartz countertops, and premium Thermador appliances, combining clean modern design with exceptional functionality. The primary suite offers a peaceful retreat with sweeping views, generous closet space, and a beautifully designed bath featuring a dual sink vanity and walk in shower. The second bedroom and adjacent full bath provide flexibility for guests, a home office, or additional living space. Savina is one of downtown San Diego premier luxury residential towers and offers more than 24,000 square feet of hotel inspired amenities. Residents enjoy a lush pool terrace with spa and cabanas, outdoor dining and gathering spaces, a state-of-the-art fitness center with yoga terrace, a spa retreat with sauna and steam room, and a beautifully designed social lounge with chef kitchen and entertaining areas. Ideally positioned just steps from the San Diego Bay waterfront and moments from the vibrant energy of Little Italy, the residence offers convenient access to renowned dining, cafes, the weekly farmers market, and the waterfront promenade. From this elevated vantage point, summer fireworks often illuminate the waterfront skyline. The result is refined high rise living in one of downtown San Diego’s most desirable waterfront locations.

Mortgage Calculator

Est. Monthly Payment

$12,286

Principal & Interest$8,571
Property Tax$1,695
Insurance$494
HOA$1,526
%($339,000)
%

Investment Score

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

Rent − PITIA

$-6,299
Full Cashflow

Incl. vacancy, PM, maint, capex

$-9,088

Mortgage (P+I)
$8,571
Cap Rate
-0.37%
Cash-on-Cash
-32.17%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.49
Break-even Rent
$17,790

NOI (Annual)
$-6,210
Price-to-Rent

Lower = better for investors

23.6

* 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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