1501 Front St
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1501 Front St #613

B

San Diego, CA 92101

$449,000

Soft Appraisal Value: $489,700 · 8.3% below estimate

Beds

1

Baths

1

Sqft

555

Year Built

2004

Days on Market

34

Property Type

Condo

HOA/mo

$700

MLS ID

260012007SD

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

Virtual Tour

About This Property

Perched on the top floor of the sought-after Palermo community, this stunning studio offers a rare combination of soaring vaulted ceilings and sun-drenched interiors that set it apart from anything else at this price point. Walls of windows flood the open-concept layout with natural light throughout the day, creating an airy, expansive feel that far exceeds the typical studio experience. The thoughtfully designed interior features a well-appointed kitchen with generous cabinetry and counter space, in-unit washer and dryer for everyday convenience, and central air conditioning to keep you comfortable year-round. Every detail has been carefully maintained, making this a true move-in-ready opportunity. Step outside and you're immediately immersed in one of San Diego's most vibrant and walkable neighborhoods. Little Italy's renowned restaurant row, the Downtown core, world-class shopping, and the sparkling waterfront are all just minutes away — whether you're on foot, bike, or a quick drive. Back home, Palermo's resort-caliber amenities rival those of a luxury hotel: a sparkling pool and spa, state-of-the-art fitness center, elegant clubhouse, and al fresco BBQ areas perfect for entertaining. Secured entry and controlled access provide peace of mind in a community that truly feels like a retreat from the city — without ever being far from it. Opportunities like this — top floor, vaulted ceilings, premium location — don't come around often

Mortgage Calculator

Est. Monthly Payment

$3,550

Principal & Interest$2,270
Property Tax$449
Insurance$131
HOA$700
%($89,800)
%

Location

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Investment Score

37C
Est. Monthly Rent
$2,489
Monthly Cashflow

Rent − PITIA

$-1,061
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,008

Mortgage (P+I)
$2,270
Cap Rate
0.70%
Cash-on-Cash
-26.83%
DSCR

Need ≥ 1.25 for DSCR loan

0.70
Break-even Rent
$5,097

NOI (Annual)
$3,148
Price-to-Rent

Lower = better for investors

15.0

* 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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