2400 5th Ave San Diego

2400 5th Ave San Diego

D

, CA 92101

$619,000

Beds

1

Baths

1

Sqft

801

Year Built

2003

Days on Market

34

Property Type

Condo

HOA/mo

$750

MLS ID

260002066SD

Description

Introducing a rare opportunity to own a meticulously remodeled 1-bedroom, 1-bathroom condo in the prestigious Laurel Bay community. Nestled in the sought after neighborhood of Park West, this stunning unit offers views of Balboa Park directly from your private balcony. This condo is truly a sanctuary of modern elegance, featuring a fully remodeled bathroom and kitchen with new stainless steel appliances, a bay window seat facing the park and a fireplace that adds warmth and charm to the living space. The building welcomes you with a grand lobby and offers an array of premium amenities, including a pristine courtyard, a sparkling pool, and hot tub for unwinding. Maintain your fitness routine in the fully equipped fitness center, and utilize the business center for all remote working needs. Finally, the entertainment room provides an excellent venue for hosting social gatherings and events. Located just steps from Balboa Park, you are also walking distance to the vibrant neighborhoods of Little Italy and Hillcrest, offering a plethora of dining, shopping, and cultural experiences. Don't miss this unique opportunity to live in one of the most desirable locations, combining luxury living with unparalleled convenience.

Mortgage Calculator

Est. Monthly Payment

$4,680

Principal & Interest$3,130
Property Tax$619
Insurance$181
HOA$750
%($123,800)
%

Investment Score

2D
Est. Monthly Rent

Market Rent Estimate

$2,910
Monthly Cashflow

Rent − PITI − HOA

$-1,770
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,955

Mortgage (P+I)
$3,130
Cap Rate
0.34%
Cash-on-Cash
-17.16%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.93
Break-even Rent
$4,680

NOI (Annual)
$2,098
Price-to-Rent

Lower = better for investors

17.7

* Defaults: 20% down, 6.5% rate, 30yr.

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