1625 Hotel
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1625 Hotel

Atop 10%

San Diego, CA 92108

$385,000
STR: check · no permits in this complex · TOT 12.75%

17 licensed short-term rentals within ½ mile (8 whole home), from the cities' license and permit lists of Nov 11, 2026.

No unit in this 71-unit complex holds a short-term rental license, so nothing shows its HOA allows them. Get the CC&Rs before counting on short-term income.

Pass at asking: -$1,393/mo full cashflow at 20% down, 7.43% rate.

Works at $203,639 (47% under asking), or at 73% down.

Rent $2,432/mo from 8 leases of 1-bed condos & townhomes within 1 mi ($2,109–$2,448).

Beds

1

Baths

1

Sqft

700

Year Built

1972

Days on Market

265

Property Type

Condo

HOA/mo

$309

MLS ID

ND26021191

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

About This Property

Welcome to 1625 Hotel Circle South, Unit C203, an updated 1-bedroom, 1-bath condo offering approximately 700 sq ft of comfortable living space in the heart of San Diego’s Mission Valley. This second-floor residence has been well maintained and is move-in-ready.The unit includes one assigned parking space and access to a common area laundry facility. HOA dues cover water, trash, security, and maintenance of common areas, offering added value and convenience.Ideally located just off the 8 and 15 freeways, it's close to University of San Diego, San Diego State University, trolley stations, SeaWorld, Mission Bay, Old Town, and downtown San Diego—only an 8-mile drive away.Residents enjoy resort-style amenities including an Olympic-size swimming pool, spa, tennis courts, fitness center, clubhouse, outdoor BBQ grills, picnic areas, and on-site security. Perfect as a primary residence, second home, or investment opportunity, this condo delivers an unbeatable combination of location, amenities, and lifestyle.

Mortgage Calculator

Est. Monthly Payment

$2,945

Principal & Interest$2,139
Property Tax$385
Insurance$112
HOA$309
%($77,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Grant K-8 · grades K-8 · San Diego Unified

  • Middle

    Correia Middle · grades 7-8 · San Diego Unified

    or Roosevelt International Middle · grades 6-8 · San Diego Unified

    Choice area: the district lets families here pick either school.

  • High

    San Diego High · grades 9-12 · San Diego Unified

    or Point Loma High · grades 9-12 · San Diego Unified

    Choice area: the district lets families here pick either school.

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Investment Score

65A
Est. Monthly Rent
$2,432

8 leases of 1-bed condos & townhomes within 1 mi · $2,109–$2,448

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$513
Full Cashflow

Incl. vacancy, PM, maint, capex

-$1,393

What would make this work?

$1,393/mo short at 20% down; 73% down or +$1,809/mo rent closes it.

Break-even price

47% under asking

$203,639
Break-even rent

$1,809/mo above the estimate

$4,241/mo
Cashflow at 35% down
−$992/mo
Down payment to break even

$281,050 cash

73%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$2,139
Cap Rate
2.70%
Cash-on-Cash
-21.71%
DSCR

Need ≥ 1.25 for DSCR loan

0.83

NOI (Annual)
$10,409
Price-to-Rent

Lower = better for investors

13.2

* Modelled at 20% down, 7.43% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

Open Full Calculator
ACashflow−$1,393/mo