1643 6th
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1643 6th #406

A

San Diego, CA 92101

$329,000
NEW — 4d

Beds

Baths

1

Sqft

400

Year Built

2004

Days on Market

4

Property Type

Condo

HOA/mo

$535

MLS ID

260016635SD

This property is in San Diego (92101). View neighborhood stats →

About This Property

Welcome to top-floor living in the heart of Cortez Hill! Currently the only studio available for sale in the neighborhood, this light-filled condo offers westerly views, abundant natural light, and a flexible layout with plenty of possibilities for creating separate sleeping, living, dining, and work-from-home spaces. The kitchen features generous cabinet storage, granite countertops, and stainless steel appliances, while the large walk-in closet provides exceptional storage space. Additional highlights include central heating and air conditioning and one assigned underground parking space. The community offers a fitness center and community room, all within one of Downtown San Diego’s quieter and more residential neighborhoods. Enjoy convenient access to Balboa Park, Little Italy, the waterfront, restaurants, coffee shops, entertainment, and freeway access. An excellent opportunity for a primary residence, Downtown home base, or San Diego getaway.

Mortgage Calculator

Est. Monthly Payment

$2,624

Principal & Interest$1,664
Property Tax$329
Insurance$96
HOA$535
%($65,800)
%

Location

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Comparable Properties

1 comp found

This Property

$2,139

vs

Comp Average

$2,633

Comps based on same zip code, similar beds (±1), price range (60-150%).

Investment Score

54B
Est. Monthly Rent
$2,139
Monthly Cashflow

Rent − PITIA

$-485
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,251

Mortgage (P+I)
$1,664
Cap Rate
1.51%
Cash-on-Cash
-22.81%
DSCR

Need ≥ 1.25 for DSCR loan

0.82
Break-even Rent
$3,763

NOI (Annual)
$4,954
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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