1756 Essex St #305
Btop 30%San Diego, CA 92103
136 licensed short-term rentals within ½ mile (101 whole home), from the cities' license and permit lists of Nov 11, 2026.
No unit in this 39-unit complex holds a short-term rental license, so nothing shows its HOA allows them. Get the CC&Rs before counting on short-term income.
Pass at asking: -$2,551/mo full cashflow at 20% down, 7.43% rate.
Works at $231,685 (59% under asking), or at 86% down.
Rent $3,037/mo from 10 leases of 2-bed condos & townhomes within 0.5 mi, same school area ($2,946–$3,272).
Beds
2
Baths
2
Sqft
841
Year Built
1989
Days on Market
92
Property Type
Condo
HOA/mo
$558.63
MLS ID
260019561SD
This property is in San Diego (92103). View neighborhood stats →
About This Property
Welcome to this spacious top-floor condominium in the heart of vibrant Hillcrest! Offering approximately 841 square feet of thoughtfully designed living space, this expansive 2-bedroom, 2-bath residence combines comfort, convenience, and an unbeatable location. The open floor plan features new luxury vinyl plank flooring throughout the living room, dining area, and hallway, creating a fresh, modern feel. Central heating and air conditioning provide year-round comfort, while the generous layout offers flexible living. Enjoy the convenience of two assigned gated underground parking spaces. Located just blocks from Hillcrest's renowned Farmers Market, an incredible selection of restaurants and cafés, and everyday shopping including Ralphs, Trader Joe's, Sprouts, and Whole Foods, this home places the best of urban living right outside your door. Don't miss this exceptional opportunity to own a spacious top-floor residence in one of San Diego's most sought-after neighborhoods.
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Est. Monthly Payment
$4,420
Location
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Zoned Schools
Elementary
Birney Elementary · grades K-5 · San Diego Unified
Middle
Roosevelt International Middle · grades 6-8 · San Diego Unified
High
San Diego High · grades 9-12 · San Diego Unified
The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.
Comparable Properties
5 comps foundThis Property
$3,037
Comp Average
$3,306
3932 9th Ave
2bd / 1ba · 709 sqft · Condo
$586K
Est. $3,700/mo
3963 Eagle St
2bd / 2ba · 965 sqft · Condo
$665K
Est. $3,310/mo
1270 Cleveland Ave
2bd / 2ba · 949 sqft · Condo
$599K
Est. $2,975/mo
3644 3rd Ave
2bd / 2ba · 870 sqft · Condo
$675K
Est. $3,150/mo
3993 Normal St.
2bd / 2ba · 896 sqft · Condo
$799K
Est. $3,396/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
10 leases of 2-bed condos & townhomes within 0.5 mi, same school area · $2,946–$3,272
Blended 50/50 with a property-level estimate
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$2,551/mo short at 20% down; 86% down or +$3,314/mo rent closes it.
- Break-even price
- $231,685
- Break-even rent
- $6,351/mo
- Cashflow at 35% down
- −$1,964/mo
- Down payment to break even
- 86%
- Rate to break even
- Not reachable
59% under asking
$3,314/mo above the estimate
$485,040 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.43% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.
Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.
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