1740 Upas Street
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1740 Upas Street #22

C

San Diego, CA 92103

$465,000

Soft Appraisal Value: $457,200 · 1.7% above estimate

Beds

1

Baths

1

Sqft

576

Year Built

1960

Days on Market

55

Property Type

Condo

HOA/mo

$435

MLS ID

PTP2602163

This property is in San Diego (92103). View neighborhood stats →

Virtual Tour

About This Property

Location, Location, Location. This historical building is on the edge of Balboa Park and is a good investment for the future. With mid-century style, entering this single level home you see a wall of windows in the living room with the view beyond. The very functional modern and inviting space with has an open living room, dining area and kitchen. Peaceful eastern views and the large balcony provide a serene setting. The spacious bedroom also has a large window with a view. The updated kitchen has stainless steel appliances. Vinyl wood floors throughout. Upgraded bathroom with storage. There are many other architectural features in this very livable and compact space. The mid-century style, inner lush courtyard, breezy walkways and steel construction is historically designated and designed by architects Ruocco and Delawie in 1960, and converted to condos in 1980. Mills Act tax savings are available for this unit. Pets okay! Gated complex has a community laundry. One parking space. Superb location. Walk to Balboa Park and the San Diego Zoo, Hillcrest and all around the neighborhood. Close to Morley Field, and minutes from downtown. Close to public transportation. A wonderful opportunity at an affordable price.

Mortgage Calculator

Est. Monthly Payment

$3,387

Principal & Interest$2,351
Property Tax$465
Insurance$136
HOA$435
%($93,000)
%

Location

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Investment Score

43C
Est. Monthly Rent
$2,439
Monthly Cashflow

Rent − PITIA

$-948
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,897

Mortgage (P+I)
$2,351
Cap Rate
1.17%
Cash-on-Cash
-24.47%
DSCR

Need ≥ 1.25 for DSCR loan

0.72
Break-even Rent
$4,902

NOI (Annual)
$5,454
Price-to-Rent

Lower = better for investors

15.9

* 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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