1501 Front #204
Atop 10%San Diego, CA 92101
251 licensed short-term rentals within ½ mile (221 whole home), from the cities' license and permit lists of Nov 1, 2026.
No unit in this 82-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: -$1,631/mo full cashflow at 20% down, 7.49% rate.
Works at $208,426 (50% under asking), or at 76% down.
Rent $2,805/mo from 5 leases in this building ($2,527–$2,887).
Beds
1
Baths
1
Sqft
781
Year Built
2004
Days on Market
44
Property Type
Condo
HOA/mo
$552
MLS ID
260022728SD
This property is in San Diego (92101). View neighborhood stats →
About This Property
Welcome to this exceptionally spacious 781-square-foot, west-facing 1-bedroom, 1-bathroom condominium located on the second floor of a luxury residence in the heart of Little Italy/Cortez Hill in award winning Piazza Palermo. Offering city views and an abundance of living space, this home features a spacious living room, dedicated dining area, and an open-concept kitchen with new appliances and ample room for barstool seating—ideal for both everyday living and entertaining, New Washer and Dryer included as well. The residence has been refreshed with new flooring, fresh paint, and new lighting, creating a clean, light-filled atmosphere. The west-facing orientation brings in abundant natural light and offers appealing city views. Residents enjoy an impressive array of resort-style amenities, including a sparkling pool and spa, massive fully equipped fitness center, two recreation rooms, and an on-site manager. The property also includes one assigned parking space in the secure, underground gated garage. Perfectly situated in one of San Diego's most vibrant neighborhoods, this spacious condominium offers an exceptional combination of size, location, views, amenities, and convenience in the heart of Little Italy/Cortez Hill.
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Est. Monthly Payment
$3,442
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.
Comparable Properties
5 comps foundThis Property
$2,805
Comp Average
$2,770
450 J
1bd / 1ba · 777 sqft · Condo
$449K
Est. $3,130/mo
425 Beech
1bd / 1ba · 766 sqft · Condo
$395K
Est. $2,826/mo
350 11th Ave
1bd / 1ba · 798 sqft · Condo
$410K
Est. $2,753/mo
1501 Front Street
1bd / 1ba · 781 sqft · Condo
$519K
Est. $2,736/mo
450 J
1bd / 1ba · 777 sqft · Condo
$420K
Est. $2,403/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
5 leases in this building · $2,527–$2,887
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$1,631/mo short at 20% down; 76% down or +$2,118/mo rent closes it.
- Break-even price
- $208,426
- Break-even rent
- $4,923/mo
- Cashflow at 35% down
- −$1,191/mo
- Down payment to break even
- 76%
- Rate to break even
- Not reachable
50% under asking
$2,118/mo above the estimate
$319,196 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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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