2400 5th Ave
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2400 5th Ave #329

C

San Diego, CA 92101

$605,000
NEW — 3d

Soft Appraisal Value: $592,700 · 2.1% above estimate

Beds

1

Baths

1

Sqft

801

Year Built

2003

Days on Market

3

Property Type

Condo

HOA/mo

$750

MLS ID

260015464SD

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

About This Property

Welcome to Laurel Bay in the heart of Bankers Hill. This beautifully upgraded condo comes with a custom kitchen with quartz counters, LVP flooring throughout, and views of the famous Balboa Park. The bedroom features a beautiful custom closet that was thoughtfully designed to utilize as much space as possible. The large bathroom features custom fixtures and ample storage. With access to the balcony from both the living room and bedroom, it would be the perfect place to watch the sun rise over the park every morning. Just one block from Balboa Park, a short walk to downtown, less than 10 minutes to San Diego International Airport and situated between Downtown, Little Italy, Mission Hills and Hillcrest, the neighborhood offers everything urban living has to offer.

Mortgage Calculator

Est. Monthly Payment

$4,591

Principal & Interest$3,059
Property Tax$605
Insurance$176
HOA$750
%($121,000)
%

Location

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Investment Score

20D
Est. Monthly Rent
$2,661
Monthly Cashflow

Rent − PITIA

$-1,929
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,045

Mortgage (P+I)
$3,059
Cap Rate
0.03%
Cash-on-Cash
-30.20%
DSCR

Need ≥ 1.25 for DSCR loan

0.58
Break-even Rent
$6,616

NOI (Annual)
$166
Price-to-Rent

Lower = better for investors

18.9

* 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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