1605 Hotel Circle S
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1605 Hotel Circle S #B103

A

San Diego, CA 92108

$490,000
NEW — 7d

Soft Appraisal Value: $484,900 · 1.1% above estimate

Beds

2

Baths

2

Sqft

974

Year Built

1972

Days on Market

7

Property Type

Condo

HOA/mo

$480

MLS ID

260015928SD

This property is in San Diego (92108). View neighborhood stats →

About This Property

Don’t miss one of the lowest-priced 2-bedroom condos in Mission Valley. This well-located home features vinyl plank flooring, a spacious living room, two private balconies, and a primary bedroom with an ensuite bathroom. Enjoy a wide range of community amenities, including a pool, spa, BBQ area, gym, tennis and pickleball court, basketball court, and laundry facilities. With quick access to the 8 freeway, you’re just minutes from the airport, Downtown San Diego, Old Town, the beaches, Balboa Park, Fashion Valley, Snapdragon Stadium, Pechanga Arena, and more.

Mortgage Calculator

Est. Monthly Payment

$3,591

Principal & Interest$2,478
Property Tax$490
Insurance$143
HOA$480
%($98,000)
%

Location

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Investment Score

50B
Est. Monthly Rent
$2,862
Monthly Cashflow

Rent − PITIA

$-729
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,795

Mortgage (P+I)
$2,478
Cap Rate
1.67%
Cash-on-Cash
-21.98%
DSCR

Need ≥ 1.25 for DSCR loan

0.80
Break-even Rent
$5,194

NOI (Annual)
$8,189
Price-to-Rent

Lower = better for investors

14.3

* 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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