2330 1st Avenue
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2330 1st Avenue #411

D

San Diego, CA 92101

$899,000
NEW — 1d

Soft Appraisal Value: $875,100 · 2.7% above estimate

Beds

2

Baths

2

Sqft

1,102

Year Built

2006

Days on Market

1

Property Type

Condo

HOA/mo

$658

MLS ID

PTP2603559

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

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About This Property

Rare opportunity to own a truly unique open floor-plan 2-bedroom, 2-bath residence at The Lodge, one of Bankers Hill’s most desirable communities. This exceptional home offers breathtaking panoramic views of Downtown San Diego, San Diego Bay, the Pacific Ocean, and the airport flight path, creating a dynamic backdrop of sparkling city lights, coastal sunsets, and planes gliding in over the bay. Despite the incredible views and central location, upgraded dual-pane windows keep the home remarkably peaceful and quiet inside. The bright and open floor plan is filled with natural light and designed to maximize comfort, functionality, and indoor/outdoor living. Enjoy spacious living areas, private balcony space, in-unit laundry, central AC, storage throughout, and a layout perfect for both everyday living and entertaining. What truly separates this property from anything else on the market besides the breathtaking views and amazing Bankers Hill highly walkable building location is the incredibly rare private owner-only 2 car capable. This rare private garage features soaring 17-18+ foot ceilings, a certified top of the line brand vehicle lift system (capable of full size truck parking /very safe full proof system), private two-car parking storage capability, and massive vertical storage opportunities and possibilites. These private garages only available to a few premier units within the biulding are a dream for any car enthusiasts, hobbyists, collectors, creatives, cyclists, golfers, or anyone looking for secure private workspace and lots of storage rarely found in any condo living situation. Whether you envision a workshop, gear room, creator room, studio, gym, or ultimate storage solution, the possibilities are endless and add value to this pristine condo. The Lodge is an extremely well-maintained gated community with low HOA fees covering water/sewer/insurance + upkeep, secure entry, fitness facilities, BBQ area with outdoor dining areas, and a welcoming very quite residential atmosphere. Ideally located within walking distance to Balboa Park, Little Italy, restaurants, coffee shops, bars, nightlife, and public transportation, this home offers the perfect combination of urban convenience, security, privacy, and lifestyle. A truly one-of-a-kind rarely available penthouse property offering flexibility, functionality, and panoramic views rarely available in Bankers Hill condo living.

Mortgage Calculator

Est. Monthly Payment

$6,365

Principal & Interest$4,546
Property Tax$899
Insurance$262
HOA$658
%($179,800)
%

Location

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Investment Score

10D
Est. Monthly Rent
$3,644
Monthly Cashflow

Rent − PITIA

$-2,721
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,308

Mortgage (P+I)
$4,546
Cap Rate
0.32%
Cash-on-Cash
-28.75%
DSCR

Need ≥ 1.25 for DSCR loan

0.57
Break-even Rent
$9,239

NOI (Annual)
$2,853
Price-to-Rent

Lower = better for investors

20.6

* 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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