1431 Pacific Highway 519

1431 Pacific Highway 519

Ctop 80%

San Diego, CA 92101

$650,000
NEW — 1d

Pass at asking: -$3,693/mo full cashflow at 20% down, 7.49% rate.

Works at $171,297 (74% under asking); even all cash loses money at asking.

Rent $3,177/mo from 3 leases in this building ($3,163–$3,268).

Beds

1

Baths

1

Sqft

792

Year Built

2009

Days on Market

1

Property Type

Condo

HOA/mo

$1,125

MLS ID

260026093SD

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

About This Property

Welcome to Breeza, one of the most desirable residences in the Downtown's Little Italy neighborhood. This is one of only six oversized one-bedroom homes in the entire community--making it a truly rare opportunity and arguably one of the finest one-bedroom residences in the neighborhood. This beautifully maintained home showcases pride of ownership throughout and features a bright open-concept floor plan designed for comfortable living and effortless entertaining. The chef-inspired kitchen is centered around a large granite island with breakfast bar, complemented by stainless steel appliances, abundant cabinetry, and generous counter space. Soaring 10-foot ceilings in both the living room and bedroom enhance the sense of space, while beautiful wood flooring and large windows create a light and inviting atmosphere. The spacious bedroom offers direct access to the well-appointed bathroom with dual vanities, creating a convenient and functional layout. Step outside to your private oversized balcony, perfectly positioned among mature whispering palms overlooking Breeza's award-winning courtyard--providing a peaceful and private retreat rarely found in urban living. Additional highlights include P-1 parking, new plumbing hardware, new washer and dryer, and updated lighting. Ideally located at the southwest edge of Little Italy and just one block from the waterfront, this home offers one of downtown San Diego's most walkable lifestyles, moments from the scenic San Diego Bay and the beautiful Waterfront Park. Residents of Breeza enjoy a welcoming community atmosphere and resort-style amenities, including a heated pool and spa, fully equipped fitness center, community lounge, business center, Wi-Fi in common areas, on-site professional management, and a spectacular 8th-floor rooftop terrace with unobstructed views of the bay, sunsets, the historic Star of India, and the downtown skyline. Just steps from Little Italy's celebrated restaurants, cafes, and the renowned weekly farmers market, and moments from Waterfront Park featuring playgrounds, open green space, pickleball and basketball courts, and a dog park. A rare and exceptional opportunity in one of downtown San Diego's most sought-after communities--priced to sell.

Mortgage Calculator

Est. Monthly Payment

$5,597

Principal & Interest$3,632
Property Tax$650
Insurance$190
HOA$1,125
%($130,000)
%
Loan Term

Location

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Investment Score

15C
Est. Monthly Rent
$3,177

3 leases in this building · $3,163–$3,268

Thin data: only 3 leases behind this number.

Monthly Cashflow

Rent − PITIA

-$2,420
Full Cashflow

Incl. vacancy, PM, maint, capex

-$3,693

What would make this work?

$3,693/mo short at 20% down; +$4,796/mo rent closes it.

Break-even price

74% under asking

$171,297
Break-even rent

$4,796/mo above the estimate

$7,973/mo
Cashflow at 35% down
−$3,012/mo
Down payment to break even

Negative even all-cash

Not reachable
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$3,632
Cap Rate
0.18%
Cash-on-Cash
-34.09%
DSCR

Need ≥ 1.25 for DSCR loan

0.57

NOI (Annual)
$1,182
Price-to-Rent

Lower = better for investors

17.0

* Modelled at 20% down, 7.49% 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−$3,693/mo