1605 Hotel
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1605 Hotel #B316

D

San Diego, CA 92108

$550,000
NEW — 0d

Beds

2

Baths

2

Sqft

950

Year Built

1972

Days on Market

0

Property Type

Condo

HOA/mo

$640

MLS ID

ND26086939

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

About This Property

Experience ideal Southern California living in this beautifully upgraded 2 bed 2 bath top floor condo. This home's unique appeal combines vaulted ceilings, two private balconies, gas burning fireplace and corner unit privacy.Mission Village is located in one of San Diego's most connected neighborhoods! Universities, major transit, medical facilities, airport, downtown and beautiful beaches are all nearby. Recently upgraded features include new kitchen countertops, lighting, sink & dishwasher. New flooring. Scraped ceilings and freshly painted interior. New heater and mini split. New bathroom vanities and fixtures. Mirrored bedroom wardrobes. Replaced balcony railings.This community offers numerous amenities: heated pool, spa, pickleball, tennis, basketball, fitness center, pool tables, bbq and dog run. Nightly security, water and trash service. Clean on-site laundry room with plenty of new machines. Two parking spaces, 1 designated garage and 1 unassigned space.Exceptional value and move in ready!

Mortgage Calculator

Est. Monthly Payment

$4,132

Principal & Interest$2,781
Property Tax$550
Insurance$160
HOA$640
%($110,000)
%

Location

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Investment Score

28D
Est. Monthly Rent
$2,588
Monthly Cashflow

Rent − PITIA

$-1,543
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,597

Mortgage (P+I)
$2,781
Cap Rate
0.40%
Cash-on-Cash
-28.33%
DSCR

Need ≥ 1.25 for DSCR loan

0.63
Break-even Rent
$5,960

NOI (Annual)
$2,213
Price-to-Rent

Lower = better for investors

17.7

* 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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