1501 Front St #340
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1501 Front St #340

Btop 30%

San Diego, CA 92101

$462,900
STR: check · no permits in this complex · TOT 13.75%

250 licensed short-term rentals within ½ mile (220 whole home), from the cities' license and permit lists of Nov 8, 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: -$2,032/mo full cashflow at 20% down, 7.43% rate.

Works at $198,295 (57% under asking), or at 84% down.

Rent $2,695/mo from 5 leases in this building ($2,428–$2,774).

Beds

1

Baths

1

Sqft

721

Year Built

2004

Days on Market

100

Property Type

Condo

HOA/mo

$552

MLS ID

260018773SD

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

Virtual Tour

About This Property

LOW HOA-LOTS OF AMENITIES AND THE BEST LOCATION DOWTOWN!!!! Welcome home! This clean and well maintained home is in the heart of Little Italy and surrounded by some of San Diego’s best restaurants, bars, and shops. Don't forget the amazing Little Italy farmers market! Inside, large windows let in plenty of natural light and create a great cross-breeze, making the space feel fresh and inviting. A large private balcony overlooks the gorgeous inside courtyard with plenty of greenery where you can sip your morning coffee in serenity. The unit features a full-sized in-unit washer and dryer, and the community amenities include a pool, gym, picnic area, and mailroom for added convenience. Whether you're looking for a lively city lifestyle or a smart investment in a prime location, this condo checks all the boxes—great spot, great price, and endless things to do just steps from your front door.

Mortgage Calculator

Est. Monthly Payment

$3,722

Principal & Interest$2,572
Property Tax$463
Insurance$135
HOA$552
%($92,580)
%
Loan Term

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.

Investment Score

47B
Est. Monthly Rent
$2,695

5 leases in this building · $2,428–$2,774

Monthly Cashflow

Rent − PITIA

-$1,027
Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,032

What would make this work?

$2,032/mo short at 20% down; 84% down or +$2,639/mo rent closes it.

Break-even price

57% under asking

$198,295
Break-even rent

$2,639/mo above the estimate

$5,334/mo
Cashflow at 35% down
−$1,550/mo
Down payment to break even

$388,836 cash

84%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$2,572
Cap Rate
1.75%
Cash-on-Cash
-26.34%
DSCR

Need ≥ 1.25 for DSCR loan

0.72

NOI (Annual)
$8,091
Price-to-Rent

Lower = better for investors

14.3

* Modelled at 20% down, 7.43% 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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BCashflow−$2,032/mo