
1501 India St 508
Btop 30%San Diego, CA 92101
Pass at asking: -$2,467/mo full cashflow at 20% down, 7.49% rate.
Works at $229,971 (58% under asking), or at 85% down.
Rent $3,375/mo from 34 leases of 1-bed condos & townhomes within 0.5 mi ($3,428–$4,289).
Beds
1
Baths
1
Sqft
1,245
Year Built
2002
Days on Market
—
Property Type
Condo
HOA/mo
$825
MLS ID
260026114SD
This property is in San Diego (92101). View neighborhood stats →
About This Property
*Lowest price per square foot in Little Italy! Village Walk #508 is a rare 1-bedroom plus den (optional 2nd bedroom/office/retreat) that offers over 1,200 square feet of well-designed living space in the heart of Little Italy, one of Downtown San Diego's most vibrant and walkable neighborhoods. The home features an open-concept layout with a spacious living area, hardwood floors, fresh interior paint, and a private balcony capturing the energy of city living. The kitchen includes stainless appliances, granite countertops, recessed lighting, a pantry, and ample storage. The primary bedroom overlooks the interior courtyard and offers a peaceful retreat with a spacious walk-in closet. The bathroom is complete with a dual vanity, soaking tub, and separate step-in shower. Additional highlights include arched doorways, in-unit laundry, very convenient elevator access, a storage locker, and a secured parking space. An exceptional offering in Little Italy, surrounded by top-tier dining, the waterfront, and the energy that defines Downtown San Diego living. Village Walk is a vibrant mid-rise community ideally situated in the heart of Little Italy, just steps from an exceptional collection of shops, cafes, art galleries, and over 70 award-winning restaurants and patio dining destinations along charming India Street. Little Italy's walkable streets lead to weekly farmers markets, outdoor plazas, parks, and waterfront access that all offer a true urban-village lifestyle right at your doorstep. Residents enjoy a beautifully designed central courtyard with a tranquil fountain and comfortable seating areas, perfect for relaxing and socializing. Premium community amenities include a fully equipped fitness center, inviting resident clubroom, and secure bike storage in the garage. With its unbeatable location and thoughtfully curated spaces, Village Walk delivers both convenience and community in one of San Diego's most desirable Downtown neighborhoods.
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Est. Monthly Payment
$4,608
Location
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Comparable Properties
5 comps foundThis Property
$3,375
Comp Average
$4,606
700 E Street
2bd / 2ba · 1,194 sqft · Condo
$600K
Est. $5,950/mo
510 1st Ave
2bd / 2ba · 1,245 sqft · Condo
$799K
Est. $6,269/mo
1240 India St.
2bd / 2ba · 1,253 sqft · Condo
$799K
Est. $4,655/mo
1225 Island Ave
2bd / 2ba · 1,172 sqft · Condo
$625K
Est. $3,046/mo
1465 C Street
2bd / 2ba · 1,271 sqft · Condo
$649K
Est. $3,108/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
34 leases of 1-bed condos & townhomes within 0.5 mi · $3,428–$4,289
Blended 50/50 with the zip's market median ($2,924)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$2,467/mo short at 20% down; 85% down or +$3,204/mo rent closes it.
- Break-even price
- $229,971
- Break-even rent
- $6,579/mo
- Cashflow at 35% down
- −$1,891/mo
- Down payment to break even
- 85%
- Rate to break even
- Not reachable
58% under asking
$3,204/mo above the estimate
$467,415 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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