
1551 4th Ave #305
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 6, 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: -$1,811/mo full cashflow at 20% down, 7.43% rate.
Works at $183,966 (56% under asking), or at 83% down.
Rent $2,866/mo from 1 lease in this building (±1 bed).
Beds
Studio
Baths
1
Sqft
836
Year Built
1996
Days on Market
0
Property Type
Condo
HOA/mo
$793.54
MLS ID
260026475SD
This property is in San Diego (92101). View neighborhood stats →
About This Property
Step into a sophisticated urban sanctuary at Solara Lofts, an exclusive enclave perfectly positioned in the serene yet vibrant Cortez Hill neighborhood of Downtown San Diego. This meticulously crafted third floor flat welcomes you with a true open loft concept that radiates sophisticated design. Expansive nine-foot ceilings and industrial exposed air ducts create an elevated modern aesthetic, while brilliant natural light cascades across rich engineered hardwood flooring. The seamless floor plan effortlessly merges the living, dining, and culinary spaces. A chef-inspired kitchen serves as the striking centerpiece, featuring premium granite countertops, sleek stainless steel appliances, and brilliant track lighting. Beautiful European Tilt and Turn Windows that allow the outdoors inside bathe the space in fresh air and urban energy. Enjoy the ultimate convenience of an inside laundry closet and the peace of mind that comes with secured subterranean parking and a dedicated private storage cage. Life at Solara Lofts extends far beyond your front door with resort-caliber amenities designed for the luxury buyer, including a state-of-the-art fitness center, a private indoor racquetball court, and a rejuvenating hydrotherapy spa. Outside your gated community, the charming tree-lined streets of Cortez Hill offer a rare, tranquil residential feel while keeping you just blocks away from the dynamic pulse of the Gaslamp Quarter and Little Italy.
Mortgage Calculator
Est. Monthly Payment
$3,669
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
$2,866
Comp Average
$2,761
427 9th Ave
1bd / 1ba · 826 sqft · Condo
$419K
Est. $2,800/mo
427 9th Ave
1bd / 1ba · 826 sqft · Condo
$400K
Est. $2,673/mo
1080 Park
Studio / 1ba · 854 sqft · Condo
$400K
Est. $2,494/mo
1025 Island Avenue
Studio / 1ba · 768 sqft · Condo
$479K
Est. $2,693/mo
350 Ash St
Studio / 1.5ba · 840 sqft · Condo
$649K
Est. $3,144/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
1 lease in this building (±1 bed)
Thin data: only 1 lease behind this number.
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$1,811/mo short at 20% down; 83% down or +$2,352/mo rent closes it.
- Break-even price
- $183,966
- Break-even rent
- $5,218/mo
- Cashflow at 35% down
- −$1,374/mo
- Down payment to break even
- 83%
- Rate to break even
- Not reachable
56% under asking
$2,352/mo above the estimate
$348,517 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