1650 8th Ave. San Diego

1650 8th Ave. San Diego

A+

, CA 92101

$399,000

Beds

1

Baths

1.5

Sqft

664

Year Built

1980

Days on Market

26

Property Type

Condo

HOA/mo

$572

MLS ID

260002720SD

View on MLS

Description

Welcome to 1650 8th Ave #401—a rare top-floor corner residence offering effortless downtown living in the highly desirable Cortez Hill neighborhood. This thoughtfully designed 1-bedroom, 1.5-bath condo features an open-concept layout, in-unit washer and dryer, and secure underground parking, all paired with one of the lower HOA fees in Downtown San Diego. Residents enjoy access to a community rooftop terrace, the perfect spot to unwind, take in city views, and watch planes glide in against the skyline. Located in a VA-approved community, this home offers unbeatable walkability to neighborhood cafés, restaurants, Petco Park, and Balboa Park, Little Italy, Gaslamp Quarter, East Village, along with quick freeway access for seamless commuting. The Cortez Hill community offers a rare blend of city convenience and residential calm--making it one of San Diego's best kept secrets. The historic hillside neighborhood is known for its tree lined trees, quieter atmosphere and elevated vantage points. Enjoy the perks of living downtown with neighborhood vibe. Cortez Hill has permit parking for residents, neighborhood playground park and a dedicated dog relief area park. Don’t miss this opportunity—schedule your private tour today.

Mortgage Calculator

Est. Monthly Payment

$3,105

Principal & Interest$2,018
Property Tax$399
Insurance$116
HOA$572
%($79,800)
%

Investment Score

91A+
Est. Monthly Rent

Market Rent Estimate

$4,844
Monthly Cashflow

Rent − PITI − HOA

+$1,739
Full Cashflow

Incl. vacancy, PM, maint, capex

+$293

Mortgage (P+I)
$2,018
Cap Rate
6.95%
Cash-on-Cash
26.16%
DSCR
2.40
Break-even Rent
$3,105

NOI (Annual)
$27,725
Price-to-Rent

Lower = better for investors

6.9

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

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