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1501 India
1 / 20

1501 India #516

C

San Diego, CA 92101

$849,995

Soft Appraisal Value: $838,200 · 1.4% above estimate

Beds

2

Baths

2

Sqft

1,265

Year Built

2002

Days on Market

35

Property Type

Condo

HOA/mo

$780

MLS ID

OC26100383

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

About This Property

BIG PRICE REDUCTION!! Motivated Seller. Discover the best of downtown living at this exceptional condominium, perfectly situated in the vibrant heart of Little Italy. This highly sought-after residence offers unparalleled access to fine dining, entertainment, and the beautiful San Diego Bay, providing a lifestyle of luxury and convenience. Two Private Primary Suites: Enjoy privacy and comfort with two spacious bedrooms, each featuring its own upgraded ensuite bathroom. The primary bedroom is a true retreat, offering a walk-in shower, a separate soaking bathtub, and a convenient office nook. Gourmet Kitchen: The chef’s kitchen is a masterpiece of design and function, boasting elegant marble countertops, a large kitchen pantry and stainless steel appliances. Breathtaking Views & Vibe: Gaze upon peekaboo harbor views and enjoy abundant natural light throughout the spacious living area, enhanced by beautiful hardwood flooring, recessed lighting and custom wooden blinds. Secured Parking: A standout feature in this coveted downtown area is the very rare, side-by-side parking for two vehicles in a secured underground garage. Convenience & Comfort: The home is equipped with central air and heating, an inside stackable washer and dryer, mirrored closet doors, and plenty of storage space. Community Amenities & Location: Step outside your door and immerse yourself in the dynamic neighborhood. You are within walking distance to the famous Little Italy Mercato Farmer's Market and countless acclaimed restaurants, cafes, and entertainment venues. The building itself offers fantastic amenities for residents, including: A beautiful, tranquil interior courtyard, An onsite fitness center (gym), and a community room with a full kitchen for private events. This rare offering combines the best of urban excitement with quiet, refined living. Don't miss the opportunity to make this exquisite Little Italy condo your new home.

Mortgage Calculator

Est. Monthly Payment

$6,176

Principal & Interest$4,298
Property Tax$850
Insurance$248
HOA$780
%($169,999)
%

Location

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Investment Score

29D
Est. Monthly Rent
$4,516
Monthly Cashflow

Rent − PITIA

$-1,660
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,407

Mortgage (P+I)
$4,298
Cap Rate
1.26%
Cash-on-Cash
-24.05%
DSCR

Need ≥ 1.25 for DSCR loan

0.73
Break-even Rent
$8,941

NOI (Annual)
$10,692
Price-to-Rent

Lower = better for investors

15.7

* 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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