
1551 4th Ave #504
Btop 30%San Diego, CA 92101
238 licensed short-term rentals within ½ mile (200 whole home), from the cities' license and permit lists of Nov 5, 2026.
No unit in this 76-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: -$1,733/mo full cashflow at 20% down, 7.43% rate.
Works at $143,365 (61% under asking), or at 88% down.
Rent $2,420/mo from 1 lease in this building (±1 bed).
Beds
Studio
Baths
1
Sqft
523
Year Built
1996
Days on Market
46
Property Type
Condo
HOA/mo
$762.11
MLS ID
260022999SD
This property is in San Diego (92101). View neighborhood stats →
About This Property
NEW PRICE! MOTIVATED SELLER – PRICED TO SELL ASAP! Fresh off a $20,000 price reduction, this is officially downtown’s best value opportunity. Perfectly positioned between the historic charm of Cortez Hill and the vibrant culinary scene of Little Italy, this sleek, modern studio at Solara Lofts is the epitome of functional city living. The versatile, open-concept floor plan lives much larger than its footprint, featuring floor-to-ceiling windows with expansive city views, a rare gas cooking range (a true downtown luxury), and a built-in Murphy bed that seamlessly transitions the space from a bright daytime office to a cozy evening retreat. To make your move entirely effortless, this unit can be sold fully furnished and comes complete with an in-unit washer/dryer, dedicated storage, and assigned parking. What truly sets Solara Lofts apart is its resort-style wellness suite. Enjoy a fully equipped fitness center, soothing sauna, private massage rooms, and the only indoor racquetball court in a downtown residential building. When hosting, the community lounge offers pool tables and the rarest find of all, secured guest parking for your visitors. Whether you’re a first-time buyer looking for a stylish primary residence or an investor seeking a high-demand turnkey property near the Mercato farmers market and Balboa Park, this unit delivers. Walk to San Diego’s best dining, grab a coffee in the Piazza della Famiglia, and bring your offers today before this newly priced gem is gone!
Mortgage Calculator
Est. Monthly Payment
$3,289
Location
Loading map...
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.
Comparable Properties
5 comps foundThis Property
$2,420
Comp Average
$2,391
1150 J
Studio / 1ba · 571 sqft · Condo
$380K
Est. $2,765/mo
1150 J St
Studio / 1ba · 572 sqft · Condo
$365K
Est. $2,485/mo
550 15th St.
Studio / 1ba · 526 sqft · Condo
$364K
Est. $2,051/mo
450 J St
Studio / 1ba · 519 sqft · Condo
$350K
Est. $2,180/mo
350 Ash
Studio / 1ba · 521 sqft · Condo
$465K
Est. $2,476/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
1 lease in this building (±1 bed)
Blended 50/50 with a property-level estimate
Thin data: only 1 lease behind this number.
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$1,733/mo short at 20% down; 88% down or +$2,251/mo rent closes it.
- Break-even price
- $143,365
- Break-even rent
- $4,671/mo
- Cashflow at 35% down
- −$1,349/mo
- Down payment to break even
- 88%
- Rate to break even
- Not reachable
61% under asking
$2,251/mo above the estimate
$324,720 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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.
Open Full Calculator