200 Harbor Drive #3702
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200 Harbor Drive #3702

Dbottom 20%

San Diego, CA 92101

$2,495,000
STR-eligible · San Diego Tier 3 · TOT 13.75%

One license per person in San Diego: whether you can hold it depends on you, not only the home.

157 licensed short-term rentals within ½ mile (105 whole home), from the cities' license and permit lists of Nov 11, 2026.

1 short-term rental license on file in this 49-unit complex, so its HOA has allowed them. Confirm in the CC&Rs: an HOA can ban stays under 30 days (Civ. Code §4741).

Pass at asking: -$14,792/mo full cashflow at 20% down, 7.43% rate.

Works at $569,141 (77% under asking); even all cash loses money at asking.

Rent $8,365/mo from 2 leases in this building ($8,048–$8,683).

Beds

2

Baths

2.5

Sqft

2,085

Year Built

1992

Days on Market

95

Property Type

Condo

HOA/mo

$2,069.81

MLS ID

260019375SD

This property is in San Diego (92101). View neighborhood stats →

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About This Property

Rarely available, this exceptional half-floor residence occupies the entire west side of the tower and is part of Harbor Club's exclusive collection of residences found only on the 36th through 38th floors. Spanning 2,085 square feet, this beautifully renovated 2-bedroom, 2.5-bath home occupies the entire west side of the tower, capturing breathtaking panoramic views of the San Diego Bay, Pacific Ocean, Coronado, the Coronado Bridge, Point Loma, and the downtown skyline through expansive floor-to-ceiling windows. Designed with both entertaining and privacy in mind, the split-bedroom layout places each suite on opposite sides of the residence. The expansive primary retreat features two walk-in closets, abundant storage, a dedicated vanity area, and a spa-inspired bath where even the walk-in shower enjoys spectacular water views. Originally renovated by Sweig Construction in 2013 and thoughtfully refreshed last year, the residence blends timeless craftsmanship with modern conveniences including automated lighting, power window shades, hardwood flooring, and a beautifully appointed kitchen complete with a built-in wine refrigerator. The open living and dining areas were designed to maximize the dramatic views, creating an exceptional setting for everyday living and entertaining. Harbor Club residents enjoy resort-style amenities including 24-hour concierge, heated pool and spa, fitness center, sauna, clubhouse, and beautifully landscaped grounds, all just steps from the waterfront, Seaport Village, Little Italy, and the Gaslamp Quarter. Private EV charger also included.

Mortgage Calculator

Est. Monthly Payment

$19,153

Principal & Interest$13,861
Property Tax$2,495
Insurance$728
HOA$2,070
%($499,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Washington Elementary · grades PK-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.

Investment Score

0D
Est. Monthly Rent
$8,365

2 leases in this building · $8,048–$8,683

Thin data: only 2 leases behind this number.

Monthly Cashflow

Rent − PITIA

-$10,789
Full Cashflow

Incl. vacancy, PM, maint, capex

-$14,792

What would make this work?

$14,792/mo short at 20% down; +$19,210/mo rent closes it.

Break-even price

77% under asking

$569,141
Break-even rent

$19,210/mo above the estimate

$27,575/mo
Cashflow at 35% down
−$12,193/mo
Down payment to break even

Negative even all-cash

Not reachable
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$13,861
Cap Rate
-0.25%
Cash-on-Cash
-35.57%
DSCR

Need ≥ 1.25 for DSCR loan

0.44

NOI (Annual)
-$6,152
Price-to-Rent

Lower = better for investors

24.9

* 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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DCashflow−$14,792/mo