1400 Broadway #1505
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1400 Broadway #1505

Ctop 80%

San Diego, CA 92101

$689,000
STR: check · no permits in this complex · TOT 13.75%

166 licensed short-term rentals within ½ mile (116 whole home), from the cities' license and permit lists of Nov 11, 2026.

No unit in this 32-unit complex holds a short-term rental license, so nothing shows its HOA allows them. Get the CC&Rs before counting on short-term income.

Pass at asking: -$3,565/mo full cashflow at 20% down, 7.43% rate.

Works at $224,755 (67% under asking), or at 95% down.

Rent $3,358/mo from 2 leases in this building ($3,338–$3,379).

Beds

3

Baths

2

Sqft

1,215

Year Built

2003

Days on Market

105

Property Type

Condo

HOA/mo

$859

MLS ID

PTP2605676

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

Virtual Tour

About This Property

FHA & VA approved! Welcome to Union Square, where urban convenience meets contemporary comfort. This 5th-floor corner unit is flooded with natural light through expansive windows and features soaring 9-foot ceilings that create an airy, open feel. A true rarity downtown, this is a full 3-bedroom residence—not a 2-plus-den/loft— with generously sized rooms, an open-concept layout, ample storage throughout, and gorgeous views of the city and the Coronado Bridge. The primary suite offers an ensuite bath and a large walk-in closet with built-ins. Both bathrooms feature shower/tub combos, granite vanities, and updated modern lighting. Additional highlights include central AC and heating, two parking spaces with a storage cage above, and a seamless flow between the living, dining, and kitchen spaces—perfect for everyday living or entertaining. Step outside your door and experience the best of Downtown San Diego living. You’re just steps from San Diego City College, a short walk to Petco Park, and positioned near the highly anticipated East Village Green (Phase 1 opening in 2025). Enjoy being surrounded by some of the city’s best restaurants, trendy coffee shops, lively bars, breweries, rooftop lounges, and vibrant nightlife, all just moments away in the heart of East Village and Downtown. Whether you’re grabbing brunch, meeting friends for cocktails, catching a Padres game, or exploring the local dining scene, everything you need is right outside your front door. Union Square is a pet-friendly building and residents enjoy resort-style amenities, including a fully equipped fitness center with sauna and jacuzzi, BBQ areas, a community lounge and party room, EV charging stations, and a year-round calendar of social events. Onsite management ensures peace of mind, while the vibrant East Village location keeps the best of downtown dining, culture, entertainment, and nightlife within easy reach.

Mortgage Calculator

Est. Monthly Payment

$5,577

Principal & Interest$3,828
Property Tax$689
Insurance$201
HOA$859
%($137,800)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Washington Elementary · grades PK-5 · San Diego Unified

  • Middle

    Roosevelt International Middle · grades 6-8 · San Diego Unified

  • High

    San Diego High · grades 9-12 · San Diego Unified

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Investment Score

22C
Est. Monthly Rent
$3,358

2 leases in this building · $3,338–$3,379

Thin data: only 2 leases behind this number.

Monthly Cashflow

Rent − PITIA

-$2,219
Full Cashflow

Incl. vacancy, PM, maint, capex

-$3,565

What would make this work?

$3,565/mo short at 20% down; 95% down or +$4,630/mo rent closes it.

Break-even price

67% under asking

$224,755
Break-even rent

$4,630/mo above the estimate

$7,988/mo
Cashflow at 35% down
−$2,848/mo
Down payment to break even

$654,550 cash

95%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$3,828
Cap Rate
0.75%
Cash-on-Cash
-31.05%
DSCR

Need ≥ 1.25 for DSCR loan

0.60

NOI (Annual)
$5,165
Price-to-Rent

Lower = better for investors

17.1

* Modelled at 20% down, 7.43% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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CCashflow−$3,565/mo