2400 5th Ave

2400 5th Ave

B

San Diego, CA 92101

$559,999

Beds

1

Baths

1

Sqft

800

Year Built

2003

Days on Market

62

Property Type

Condo

HOA/mo

$685

MLS ID

250045958SD

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

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About This Property

Discover the allure of effortless urban living in the heart of Bankers Hill. Coveted ground-floor gem in the charming community of Laurel Bay. Nestled just one block west of the iconic Balboa Park, this one-bedroom, one-bathroom residence offers a seamless blend of classic appeal and everyday functionality, ideal for savvy buyers dreaming of a vacation escape or city haven. Enter through private ground-level access to a thoughtful layout maximizing space and flow. The bright living area features ample natural light, creating a warm atmosphere. Generous kitchen boasts plenty of counter space, cabinetry, and room for dining—perfect for meals or entertaining. The cozy bedroom provides a peaceful retreat with generous closets, while the full bathroom offers convenience. Well-cared-for and in good condition, with some dated features ripe for personalization.The Laurel Bay complex enhances life with serene grounds, secure entry, and urban proximity. Step out to Balboa Park's gardens, museums, and trails. Stroll to Little Italy's Farmers Market and Italian eats. Dive into Downtown's shopping, dining, and nightlife. Head to Hillcrest for eclectic cafes and cuisine.Embrace this walkable gem where culture, convenience, and community converge. Schedule a viewing today! 1 garage parking space and extra storage unit included.

Mortgage Calculator

Est. Monthly Payment

$4,240

Principal & Interest$2,832
Property Tax$560
Insurance$163
HOA$685
%($112,000)
%

Location

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Investment Score

32C
Est. Monthly Rent
$2,850
Monthly Cashflow

Rent − PITIA

$-1,390
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,512

Mortgage (P+I)
$2,832
Cap Rate
0.69%
Cash-on-Cash
-26.91%
DSCR

Need ≥ 1.25 for DSCR loan

0.67
Break-even Rent
$6,112

NOI (Annual)
$3,838
Price-to-Rent

Lower = better for investors

16.4

* 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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