1441 9th Ave #402
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1441 9th Ave #402

Btop 30%

San Diego, CA 92101

$588,000
STR: check · no permits in this complex · TOT 13.75%

134 licensed short-term rentals within ½ mile (104 whole home), from the cities' license and permit lists of Nov 4, 2026.

No unit in this 83-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: -$2,724/mo full cashflow at 20% down, 7.49% rate.

Works at $234,857 (60% under asking), or at 87% down.

Rent $3,592/mo from 4 leases in this building ($3,322–$3,741).

Beds

2

Baths

2

Sqft

1,004

Year Built

2008

Days on Market

46

Property Type

Condo

HOA/mo

$953.88

MLS ID

260022947SD

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

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About This Property

Move-in ready, beautifully upgraded, and ideally positioned in the desirable northwest corner of Aria, this stylish Cortez Hill residence offers an exceptional opportunity to enjoy downtown San Diego living without sacrificing space, privacy, or comfort. Natural light fills the open-concept interior, where an updated kitchen takes center stage with waterfall-edge quartz countertops, stainless steel appliances, abundant cabinetry, and an oversized breakfast bar perfect for casual dining and entertaining. Expansive windows brighten the living areas and open to a spacious private balcony—an inviting extension of the home for morning coffee, evening cocktails, or simply enjoying the San Diego lifestyle. The highly desirable split-suite floor plan places two spacious bedroom suites on opposite sides of the residence for added privacy. The primary suite features dramatic corner windows, a walk-in closet, and ensuite bath with dual vanities and a walk-in shower, while the second suite with its own private bath is ideal for guests, a roommate, or home office flexibility. Additional highlights include motorized living room shades, full-size in-unit laundry, and the convenience of two assigned garage parking spaces. Aria offers an impressive collection of resort-style amenities, including a 70-foot lap pool, spa, fitness center, resident lounge, on-site management, and secured FOB entry. Tucked into the quieter residential setting of Cortez Hill yet just minutes from Balboa Park, Little Italy, Petco Park, the Embarcadero, Gaslamp Quarter, dining, entertainment, and San Diego International Airport, this home delivers the best of both worlds. With its move-in-ready condition, desirable floor plan, two parking spaces, private outdoor space, and central location, this is a standout opportunity for buyers looking for exceptional value in the heart of San Diego.

Mortgage Calculator

Est. Monthly Payment

$4,999

Principal & Interest$3,286
Property Tax$588
Insurance$172
HOA$954
%($117,600)
%
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

38B
Est. Monthly Rent
$3,592

4 leases in this building · $3,322–$3,741

Monthly Cashflow

Rent − PITIA

-$1,408
Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,724

What would make this work?

$2,724/mo short at 20% down; 87% down or +$3,538/mo rent closes it.

Break-even price

60% under asking

$234,857
Break-even rent

$3,538/mo above the estimate

$7,130/mo
Cashflow at 35% down
−$2,108/mo
Down payment to break even

$511,560 cash

87%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$3,286
Cap Rate
1.51%
Cash-on-Cash
-27.80%
DSCR

Need ≥ 1.25 for DSCR loan

0.72

NOI (Annual)
$8,899
Price-to-Rent

Lower = better for investors

13.6

* 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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BCashflow−$2,724/mo