1465 C St #3508
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1465 C St #3508

Ctop 80%

San Diego, CA 92101

$515,000
STR: check · no permits in this complex · TOT 13.75%

127 licensed short-term rentals within ½ mile (79 whole home), from the cities' license and permit lists of Nov 7, 2026.

No unit in this 84-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: -$2,602/mo full cashflow at 20% down, 7.43% rate.

Works at $176,218 (66% under asking), or at 93% down.

Rent $2,839/mo from 1 lease in this building.

Beds

2

Baths

2

Sqft

1,013

Year Built

2003

Days on Market

45

Property Type

Condo

HOA/mo

$833

MLS ID

260023171SD

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

Virtual Tour

About This Property

Looking for a downtown San Diego home with the flexibility to live, work & unwind in one convenient setting? This 2-bedroom, 2-bath condo offers approximately 1,013 sf with a layout designed to make everyday living easy. Inside, the home features new engineered wood flooring, new recessed lighting in the living room, new ceiling fans in the bedrooms, in-unit laundry, & new high-end stainless-steel appliances, not to mention the refrigerator that makes kraft ice. The second bedroom creates valuable flexibility - use it as a dedicated home office, comfortable guest room or creative space depending on what your day calls for. A private balcony extends the living space outdoors, while two parking spaces & additional storage add practical convenience to downtown living. The lifestyle continues beyond the front door. Start your morning with a workout in the community fitness room, unwind in the indoor hot tub, or spend time in the clubhouse featuring a pool table, TV/lounge area & kitchenette. Two on-site electric vehicle charging stations add another useful everyday amenity. Located in downtown San Diego, #3508 offers a low-maintenance home base connected to the dining, entertainment, parks and experiences of the surrounding city. Two bedrooms. Flexible living space. Private outdoor space. Two parking spaces. Useful amenities. And downtown San Diego just outside your door.

Mortgage Calculator

Est. Monthly Payment

$4,359

Principal & Interest$2,861
Property Tax$515
Insurance$150
HOA$833
%($103,000)
%
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

33C
Est. Monthly Rent
$2,839

1 lease in this building

Blended 50/50 with a property-level estimate

Thin data: only 1 lease behind this number.

A property-level estimate runs more than 25% above what comparable homes leased for ($2,521). Treat this rent with extra care.

Monthly Cashflow

Rent − PITIA

-$1,520
Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,602

What would make this work?

$2,602/mo short at 20% down; 93% down or +$3,379/mo rent closes it.

Break-even price

66% under asking

$176,218
Break-even rent

$3,379/mo above the estimate

$6,218/mo
Cashflow at 35% down
−$2,066/mo
Down payment to break even

$478,950 cash

93%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$2,861
Cap Rate
0.93%
Cash-on-Cash
-30.32%
DSCR

Need ≥ 1.25 for DSCR loan

0.65

NOI (Annual)
$4,810
Price-to-Rent

Lower = better for investors

15.1

* 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−$2,602/mo