1605 Hotel Circle
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1605 Hotel Circle #B101

D

San Diego, CA 92108

$324,500
NEW — 1d on market

Beds

Baths

1

Sqft

422

Year Built

1972

Days on Market

1

Property Type

Condo

HOA/mo

$319

MLS ID

260008499SD

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

About This Property

Location, Location! Nestled up in the hill overlooking the Riverwalk golf course and less than 2 miles to Mission Bay! West Mission Valley, centrally located around the corner from Old Town and Mission Hills. This Move in ready, remodeled ground level condo offers new recessed lighting, kitchen and bath upgrades including stainless steel appliances and cabinetry, LVP flooring, new dual pane sliding patio door, brand new mini split for heating and A/C, making the perfect inside temperature. Layout feels open and flows easily with a separate bedroom area off the main living room. Private patio to enjoy peaceful days or nights overlooking a quiet, calm waterfall and pond. Sit down views of the pool. The perfect living space with modern touches and comfort. Complex offers tennis courts, pickleball, basketball court, BBQ areas, exercise room, rec room, leisure walking with multiple ponds, pool, hot tub, sauna and dog run. Fashion Valley mall, trolley, and dining all within walking distance. Low HOA.

Mortgage Calculator

Est. Monthly Payment

$2,379

Principal & Interest$1,641
Property Tax$325
Insurance$95
HOA$319
%($64,900)
%

Location

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Investment Score

7D
Est. Monthly Rent
$2,109
Monthly Cashflow

Rent − PITIA

$-270
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,026

Mortgage (P+I)
$1,641
Cap Rate
2.27%
Cash-on-Cash
-18.97%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.89
Break-even Rent
$3,441

NOI (Annual)
$7,380
Price-to-Rent

Lower = better for investors

12.8

* 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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