1621 Hotel Circle
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1621 Hotel Circle #E231

B

San Diego, CA 92108

$519,900
NEW — 6d

Soft Appraisal Value: $514,300 · 1.1% above estimate

Beds

2

Baths

2

Sqft

950

Year Built

1972

Days on Market

6

Property Type

Condo

HOA/mo

$639.68

MLS ID

260016096SD

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

About This Property

Move-In Ready Corner Condo in the Heart of Mission Valley! Welcome to this beautifully maintained corner unit, ideally situated in a private setting at the back of the highly desirable Mission Village community. Freshly painted & move-in ready, this light-filled home features an inviting open floor plan with a spacious living room that opens to a private balcony, a dining area, and a well-appointed kitchen w/abundant cabinet storage,generous pantry space,granite countertops,new refrigerator & stainless steel appliances. The primary suite offers a private en-suite bathroom, a large mirrored closet, & its own separate balcony, creating the perfect place to relax. A generously sized second bedroom also features a large mirrored closet, along with a full guest bathroom that provides flexibility for guests, family, or a home office. A rare find, this home includes two assigned parking spaces & one garage space and one outdoor space, plus abundant guest parking throughout the community. Mission Village offers an exceptional resort-style lifestyle with beautifully maintained grounds and amenities including a sparkling pool, spa, clubhouse, sauna, BBQ area, tennis courts, basketball court & community laundry facilities. This community is perfectly situated in the heart of Mission Valley w/convenient access to major freeways, shopping, dining, entertainment, Snapdragon Stadium, golf courses, downtown San Diego, beaches, and many of San Diego's top attractions. VA APPROVED COMPLEX.

Mortgage Calculator

Est. Monthly Payment

$3,940

Principal & Interest$2,629
Property Tax$520
Insurance$152
HOA$640
%($103,980)
%

Location

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Investment Score

36C
Est. Monthly Rent
$2,757
Monthly Cashflow

Rent − PITIA

$-1,183
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,251

Mortgage (P+I)
$2,629
Cap Rate
0.87%
Cash-on-Cash
-25.98%
DSCR

Need ≥ 1.25 for DSCR loan

0.70
Break-even Rent
$5,680

NOI (Annual)
$4,537
Price-to-Rent

Lower = better for investors

15.7

* 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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