1480 Broadway

1480 Broadway

D

San Diego, CA 92101

$599,000

Soft Appraisal Value: $634,400 · 5.6% below estimate

Beds

2

Baths

2

Sqft

1,126

Year Built

2004

Days on Market

16

Property Type

Condo

HOA/mo

$780.02

MLS ID

260004801SD

Description

Welcome to Union Square in East Village Neighborhood! You will be impressed by how bright and airy this condo feels. The best in urban living and steps from Petco Park, the Gaslamp Quarter and all the dining, shopping, and entertainment the city has to offer including the future East Village Green Park. This beautiful unit features an open-concept layout with a well-appointed kitchen, updated appliances, spacious living area, and large windows that bring in natural light. In-unit laundry, secure parking, and premier amenities. Enjoy community amenities including a fitness center, clubhouse, and secure underground parking. Perfect for a first home, weekend retreat, or investment property. Amazing East Village Green Project in progress will bring an off leash pet park, children's playground area, community center and a performance pavilion within steps of Union Square.

Mortgage Calculator

Est. Monthly Payment

$4,583

Principal & Interest$3,029
Property Tax$599
Insurance$175
HOA$780
%($119,800)
%

Investment Score

4D
Est. Monthly Rent
$3,630
Monthly Cashflow

Rent − PITI − HOA

$-953
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,287

Mortgage (P+I)
$3,029
Cap Rate
1.49%
Cash-on-Cash
-22.91%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.79
Break-even Rent
$6,600

NOI (Annual)
$8,903
Price-to-Rent

Lower = better for investors

13.8

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

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

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