1650 8th

1650 8th #102

D

San Diego, CA 92101

$415,000
NEW — 3d on market

Beds

1

Baths

1.5

Sqft

672

Year Built

1980

Days on Market

3

Property Type

Condo

HOA/mo

$572

MLS ID

260007607SD

View on MLS

Description

Welcome to Park View in Cortez Hill—downtown San Diego’s best kept secret. This fully refreshed, south-facing ground-floor residence offers rare privacy with no neighboring units looking directly in, while natural light fills the home throughout the day. Thoughtfully upgraded throughout, the interior features brand new quartz countertops, new stainless steel appliances, fresh paint, and a brand new HVAC system for year-round comfort. The kitchen opens seamlessly to the living area, creating a clean, functional layout ideal for both everyday living and entertaining. The floor plan includes one spacious bedroom with an ensuite bath, plus a beautifully updated powder room for guests. Both bathrooms have been upgraded with new vanities, mirrors, lighting, and toilets, along with new tile in the primary bath. A standout feature is the full-length private patio, accessible from both the living room and bedroom—perfect for indoor-outdoor living, morning coffee, or relaxing in the peaceful courtyard setting. Additional highlights include in-unit laundry and an assigned parking space on the same level. Park View is tucked on a quiet, tree-lined street just moments from Balboa Park, Little Italy, and major freeways. Pet-friendly with no weight restrictions. HOA includes water, hot water, trash, sewer, limited insurance, and maintenance.

Mortgage Calculator

Est. Monthly Payment

$3,207

Principal & Interest$2,098
Property Tax$415
Insurance$121
HOA$572
%($83,000)
%

Comparable Properties

3 comps found

This Property

$2,503

vs

Comp Average

$1,684

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

Investment Score

4D
Est. Monthly Rent
$2,503
Monthly Cashflow

Rent − PITIA

$-703
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,625

Mortgage (P+I)
$2,098
Cap Rate
1.37%
Cash-on-Cash
-23.49%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.78
Break-even Rent
$4,613

NOI (Annual)
$5,682
Price-to-Rent

Lower = better for investors

13.8

* 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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