1514 7th Avenue

1514 7th Avenue #306

D

San Diego, CA 92101

$460,000
NEW — 4d on market

Soft Appraisal Value: $717,000 · 35.8% below estimate

Beds

1

Baths

1

Sqft

672

Year Built

1982

Days on Market

4

Property Type

Condo

HOA/mo

$450

MLS ID

PTP2602253

Description

Experience elevated urban living in this beautifully appointed 1 bed, 1 bath residence in the highly sought-after Cortez Hill neighborhood of Downtown San Diego. Perched on the 6th floor of the desirable Beech Tower, this light and bright condo features granite countertops, stainless steel appliances, and the convenience of in-unit laundry. Step out onto your private patio and take in charming views of the historic El Cortez, blending classic San Diego character with modern city living. The home also includes one assigned underground parking space for added ease. Ideally located just moments from Balboa Park with quick access to major freeways, shopping, dining, and all that Downtown San Diego has to offer. This is the perfect opportunity to enjoy both comfort and convenience in one of the city’s most desirable neighborhoods.

Mortgage Calculator

Est. Monthly Payment

$3,370

Principal & Interest$2,326
Property Tax$460
Insurance$134
HOA$450
%($92,000)
%

Investment Score

6D
Est. Monthly Rent
$2,783
Monthly Cashflow

Rent − PITI − HOA

$-587
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,610

Mortgage (P+I)
$2,326
Cap Rate
1.87%
Cash-on-Cash
-21.01%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.83
Break-even Rent
$4,874

NOI (Annual)
$8,587
Price-to-Rent

Lower = better for investors

13.8

* 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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