1514 7th Avenue

1514 7th Avenue

D

San Diego, CA 92101

$739,000

Beds

3

Baths

2

Sqft

1,348

Year Built

1982

Days on Market

26

Property Type

Condo

HOA/mo

$1,038

MLS ID

260003799SD

Description

One need only make a personal visit to experience the full essence of this well appointed three bedroom 2 bath residence, all in a spacious 1,348 square feet of living space. The most spacious 12 foot by 7 foot entry foyer is just a hint of what you are about to encounter…a spacious open floor plan, engineered hardwood flooring, the perfect sized kitchen, all leading to the balcony with picturesque views that include the historic El Cortez Hotel. Not to be overlooked, of course the central heating and air-conditioning system to keep you comfortable year-round. And certainly a rarity these days is the secure two vehicle parking accommodations, no shared walls, as well as access to a storage room, in addition to two storage cabinets in the garage. You will have guest quarters for your visitors, a most inviting pool and spa, and lest we forget, the excellent location convenient to what San Diego is famous for, Balboa Park, the Gas Lamp, the abundance of restaurants, coffee houses, shops, and the most delectable of dessert venues. And when you want a change of scenery, the location is close to freeways and transportation. This property is the one that you don’t want to miss out on. Current monthly HOA will be reduced to $938/month on 10/1/26. There are new elevators and a new roof, and the building is built with cement and steel, offering higher quality construction and a more quiet living experience.

Mortgage Calculator

Est. Monthly Payment

$5,729

Principal & Interest$3,737
Property Tax$739
Insurance$216
HOA$1,038
%($147,800)
%

Investment Score

1D
Est. Monthly Rent
$3,432
Monthly Cashflow

Rent − PITI − HOA

$-2,298
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,703

Mortgage (P+I)
$3,737
Cap Rate
0.05%
Cash-on-Cash
-18.66%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.60
Break-even Rent
$5,730

NOI (Annual)
$406
Price-to-Rent

Lower = better for investors

17.9

* 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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