1643 6th Ave San Diego

1643 6th Ave San Diego

D

, CA 92101

$645,000

Beds

2

Baths

2

Sqft

1,106

Year Built

2004

Days on Market

21

Property Type

Condo

HOA/mo

$689.2

MLS ID

OC26029656

View on MLS

Description

Live in San Diego's beautiful Cortez Hill! This pet-friendly, FHA and VA-approved condo has 2 bedrooms and 2 bathrooms. It's an upper lever corner unit bathed in natural light, with a modern kitchen adjacent to the living and dining areas. Panoramic views and spectacular sunsets from your private balcony. This Mills building offers 24/7 security, a 3,200 Sqft Fitness center (Historic Mills House by reservation only for residents), and convenient private parking with two tandem spots assigned to this unit. Perched above Cortez Hill, this exceptional condo overlooks downtown San Diego, with easy access to dining, entertainment, Little Italy, Gaslamp Quarter, and East Village. Just minutes from the San Diego Zoo, Balboa Park's museums and gardens, and the Fleet Science Center.

Mortgage Calculator

Est. Monthly Payment

$4,784

Principal & Interest$3,261
Property Tax$645
Insurance$188
HOA$689
%($129,000)
%

Investment Score

0D
Est. Monthly Rent

Market Rent Estimate

$2,272
Monthly Cashflow

Rent − PITI − HOA

$-2,512
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,572

Mortgage (P+I)
$3,261
Cap Rate
-0.58%
Cash-on-Cash
-23.36%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.70
Break-even Rent
$4,784

NOI (Annual)
$-3,723
Price-to-Rent

Lower = better for investors

23.7

* Defaults: 20% down, 6.5% rate, 30yr.

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