1756 Essex
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1756 Essex #206

B

San Diego, CA 92103

$579,000

Soft Appraisal Value: $575,400 · 0.6% above estimate

Beds

2

Baths

2

Sqft

841

Year Built

1989

Days on Market

48

Property Type

Condo

HOA/mo

$558.63

MLS ID

260012417SD

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

Virtual Tour

About This Property

BIG PRICE IMPROVEMENT! Perfectly positioned in the heart of San Diego's most vibrant neighborhood. Beautifully landscaped, gated complex with lush courtyards, complimentary laundry rooms and private dog run. Just a few steps from countless shops, bars and restaurants, and a short walk to the world-famous San Diego Zoo and Balboa Park. Right near the major intersection of Park Blvd and University Ave but tucked away on a quiet side street. Also in the coveted Birney Elementary district. This bright and inviting home features brand-new plush carpeting and a crisp, professional paint job throughout, offering a clean slate for your personal style. Central heating and air conditioning, granite counter tops, stainless steel appliances, and a brand-new refrigerator make this the perfect move in ready place to start your next chapter. Large closets are an added bonus. The building also allows 2 pets and includes an underground gated garage parking spot. Come see this primely located turnkey condo before it’s gone!

Mortgage Calculator

Est. Monthly Payment

$4,234

Principal & Interest$2,928
Property Tax$579
Insurance$169
HOA$559
%($115,800)
%

Location

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Investment Score

39C
Est. Monthly Rent
$3,080
Monthly Cashflow

Rent − PITIA

$-1,154
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,345

Mortgage (P+I)
$2,928
Cap Rate
1.21%
Cash-on-Cash
-24.30%
DSCR

Need ≥ 1.25 for DSCR loan

0.73
Break-even Rent
$6,126

NOI (Annual)
$6,990
Price-to-Rent

Lower = better for investors

15.7

* 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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