1551 4th Avenue
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1551 4th Avenue #601

C

San Diego, CA 92101

$509,000
NEW — 1d

Soft Appraisal Value: $500,900 · 1.6% above estimate

Beds

1

Baths

1

Sqft

758

Year Built

1996

Days on Market

1

Property Type

Condo

HOA/mo

$778

MLS ID

NDP2605476

This property is in San Diego (92101). View neighborhood stats →

Virtual Tour

About This Property

Discover elevated downtown living at Solara Lofts — a bright and contemporary urban retreat ideally located between Little Italy and Cortez Hill in Downtown San Diego. This stunning 1 bed, 1 bath 6th-floor residence is filled with natural light thanks to expansive floor-to-ceiling windows and features beautiful downtown, bay, and water views from the oversized private balcony — the perfect spot for morning coffee or evening sunsets. The open-concept layout blends modern style with everyday comfort, featuring rich wood flooring, granite countertops, a large farmhouse sink with updated gooseneck faucet, and contemporary cabinetry paired with stainless steel appliances. A custom-designed glass sliding door with mirrored backing creates separation for the spacious bedroom while maintaining the loft’s airy feel. Additional highlights include full-size stacked laundry and a spacious bathroom with a double vanity. Residents enjoy premium amenities including secure gated underground parking, a fully equipped fitness center with lockers, racquetball courts, exercise lounge, sauna, and spa. Experience downtown living with easy access to Little Italy dining, the waterfront, entertainment, and everything San Diego has to offer.

Mortgage Calculator

Est. Monthly Payment

$4,009

Principal & Interest$2,574
Property Tax$509
Insurance$148
HOA$778
%($101,800)
%

Location

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Investment Score

35C
Est. Monthly Rent
$2,827
Monthly Cashflow

Rent − PITIA

$-1,182
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,256

Mortgage (P+I)
$2,574
Cap Rate
0.75%
Cash-on-Cash
-26.60%
DSCR

Need ≥ 1.25 for DSCR loan

0.71
Break-even Rent
$5,757

NOI (Annual)
$3,811
Price-to-Rent

Lower = better for investors

15.0

* 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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