1480 Broadway San Diego

1480 Broadway San Diego

D

, CA 92101

$659,000

Beds

2

Baths

2

Sqft

1,095

Year Built

2004

Days on Market

42

Property Type

Condo

HOA/mo

$780.02

MLS ID

260001531SD

Description

Welcome to this highly sought-after residence offering an impressive 1,100 sq ft of private outdoor space. Designed for seamless indoor–outdoor living, the home opens effortlessly to an expansive yard, perfect for entertaining or unwinding in a tranquil setting. The front entry welcomes you through a private courtyard framed by lush greenery and tranquil water features, creating a serene arrival experience. Elevators located just steps away provide direct access to your parking spaces in the upper garage, blending everyday convenience with refined urban living. Enjoy the rare comfort and privacy of a single-family-home feel in the heart of the city. With a Walk Score of over 90, Union Square is located across the street from San Diego City College with convenient access to major freeways: 163, 5, and 94. Adding to the neighborhood’s safety and peace of mind, the San Diego Police Department (SDPD) headquarters is also located directly across the street. Union Two blocks away a 4.1 acre East Village Green park is under construction and a wonderful addition to the neighborhood! The development will include a community center, children’s park, off-leash dog areas, cafés, plazas, multiple lawn areas, a performance pavilion and underground parking. Union Square Condominiums deliver exceptional value with below-average HOA fees. Amenities include a fitness center, pool, sauna, clubhouse with a pool table, and courtyards with BBQs. The HOA also covers key utilities such as water and trash, adding even more value for homeowners. An on-site property manager ensures smooth day-to-day operations, while multiple communal EV charging stations make powering your electric vehicle easy.

Mortgage Calculator

Est. Monthly Payment

$4,963

Principal & Interest$3,332
Property Tax$659
Insurance$192
HOA$780
%($131,800)
%

Investment Score

13D
Est. Monthly Rent

Market Rent Estimate

$4,036
Monthly Cashflow

Rent − PITI − HOA

$-927
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,405

Mortgage (P+I)
$3,332
Cap Rate
1.69%
Cash-on-Cash
-8.44%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

1.21
Break-even Rent
$4,963

NOI (Annual)
$11,130
Price-to-Rent

Lower = better for investors

13.6

* Defaults: 20% down, 6.5% rate, 30yr.

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