
206 Park Blvd #402
Ctop 80%San Diego, CA 92101
169 licensed short-term rentals within ½ mile (114 whole home), from the cities' license and permit lists of Nov 9, 2026.
No unit in this 87-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: -$2,784/mo full cashflow at 20% down, 7.43% rate.
Works at $237,557 (60% under asking), or at 87% down.
Rent $3,225/mo from 2 leases in this building ($3,018–$3,433).
Beds
1
Baths
1
Sqft
796
Year Built
2008
Days on Market
47
Property Type
Condo
HOA/mo
$659
MLS ID
260023335SD
This property is in San Diego (92101). View neighborhood stats →
About This Property
Welcome to one of Downtown San Diego's most desirable fully furnished residences, ideally situated directly across the street from Petco Park in the highly sought-after Park Terrace community. This exceptional fourth-floor condominium offers approximately 796 square feet of thoughtfully designed living space, complete with a private balcony overlooking Petco Park, the Downtown San Diego skyline, and the iconic San Diego Central Library. Whether you're seeking a turnkey investment property, a corporate housing opportunity, a second home, an executive retreat, or the ultimate Padres fan residence, this property delivers an unparalleled combination of location, convenience, and lifestyle. The open-concept floor plan features floor-to-ceiling windows that flood the interior with natural light while showcasing the vibrant energy of Downtown San Diego. Residents enjoy premium amenities, including a fully equipped fitness center, an entertainment lounge with a regulation-size pool table & gaming station, rooftop barbecue and fire pit areas, secured parking, private mail facilities, on-site property management, and HOA security seven days per week. Located just steps from the Gaslamp Quarter, restaurants, nightlife, shopping, entertainment, public transportation, & major employers, this property represents one of the most compelling Properties available downtown.
Mortgage Calculator
Est. Monthly Payment
$4,767
Location
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Zoned Schools
Elementary
Perkins K-8 · grades PK-8 · San Diego Unified
Middle
Logan Memorial Educational Campus · grades PK-12 · San Diego Unified
High
Logan Memorial Educational Campus · grades PK-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
$3,225
Comp Average
$2,938
1501 Front Street
1bd / 1ba · 781 sqft · Condo
$519K
Est. $2,702/mo
530 K Street
1bd / 1ba · 803 sqft · Condo
$499K
Est. $2,831/mo
530 K St
1bd / 1ba · 823 sqft · Condo
$559K
Est. $2,866/mo
1750 Kettner Blvd
1bd / 1ba · 780 sqft · Condo
$610K
Est. $3,115/mo
1431 Pacific Highway
1bd / 1ba · 792 sqft · Condo
$650K
Est. $3,177/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
2 leases in this building · $3,018–$3,433
Thin data: only 2 leases behind this number.
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$2,784/mo short at 20% down; 87% down or +$3,616/mo rent closes it.
- Break-even price
- $237,557
- Break-even rent
- $6,841/mo
- Cashflow at 35% down
- −$2,159/mo
- Down payment to break even
- 87%
- Rate to break even
- Not reachable
60% under asking
$3,616/mo above the estimate
$521,996 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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