1480 Broadway
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1480 Broadway #2324

B

San Diego, CA 92101

$520,000

Soft Appraisal Value: $634,400 · 18.0% below estimate

Beds

2

Baths

2

Sqft

1,126

Year Built

2004

Days on Market

39

Property Type

Condo

HOA/mo

$780.02

MLS ID

260004801SD

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

Virtual Tour

About This Property

You will fall in love with the bright and airy spaces in this beautiful 2 bedroom 2 bath condo with a beautiful kitchen with an island for additional seating. Enjoy a full suite of amenities right at your fingertips, including a sauna, fitness center, and relaxing hot tub—perfect for unwinding after a long day. Ideally located within walking distance to the vibrant Gaslamp District and Petco Park, you’ll have easy access to some of San Diego’s best dining, entertainment, and nightlife. The upcoming East Village Green park will add even more appeal, featuring a dog park, children's park and open green space for community events and a concert pavilion, a welcoming place to gather with friends and family. Additional highlights include 2 tandem parking spaces and in-unit laundry for added ease and functionality. 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

$4,081

Principal & Interest$2,629
Property Tax$520
Insurance$152
HOA$780
%($104,000)
%

Location

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Investment Score

34C
Est. Monthly Rent
$2,860
Monthly Cashflow

Rent − PITIA

$-1,221
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,313

Mortgage (P+I)
$2,629
Cap Rate
0.73%
Cash-on-Cash
-26.68%
DSCR

Need ≥ 1.25 for DSCR loan

0.70
Break-even Rent
$5,863

NOI (Annual)
$3,802
Price-to-Rent

Lower = better for investors

15.2

* 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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