2400 5th Ave
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2400 5th Ave #326

D

San Diego, CA 92101

$619,000
NEW — 0d on market

Soft Appraisal Value: $602,900 · 2.7% above estimate

Beds

1

Baths

1

Sqft

801

Year Built

2003

Days on Market

0

Property Type

Condo

HOA/mo

$750

MLS ID

260008323SD

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

About This Property

Welcome home to the sought-after Laurel Bay community on 5th Avenue, just steps from iconic Balboa Park. From the moment you enter, you’re greeted by a bright, airy living space filled with natural light and peek views of the park. A private patio offers the perfect setting for morning coffee or evening relaxation with serene greenery from Balboa Park as your backdrop. A charming bay window seat creates a cozy nook beside the fireplace ideal for unwinding. The beautifully remodeled kitchen blends modern style with everyday functionality, featuring new stainless steel appliances, a marble backsplash, custom cabinetry, and sleek white quartz countertops. This meticulously maintained one-bedroom condo offers a true sense of retreat, complete with a spacious updated bathroom, walk-in closet, in-unit washer/dryer, and convenient proximity to the elevator. Laurel Bay is a tranquil, private community with resort-style amenities including a pool and spa, fitness center, business center, grand lobby, lush courtyard, and an inviting lounge with a grand piano for entertaining. Ideally located in the heart of Bankers Hill, you’re minutes from Downtown, Little Italy, Hillcrest, and North Park with easy access to farmers markets, coffee shops, dining, and boutique retail. This is a rare opportunity to enjoy elevated urban living in one of San Diego’s most desirable neighborhoods.

Mortgage Calculator

Est. Monthly Payment

$4,680

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

Location

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Investment Score

1D
Est. Monthly Rent
$2,877
Monthly Cashflow

Rent − PITIA

$-1,803
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,981

Mortgage (P+I)
$3,130
Cap Rate
0.29%
Cash-on-Cash
-28.89%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.61
Break-even Rent
$6,748

NOI (Annual)
$1,793
Price-to-Rent

Lower = better for investors

17.9

* 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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