2410 Albatross

2410 Albatross

Btop 30%

San Diego, CA 92101

$629,000
NEW — 0d
STR: check · no permits in this complex · TOT 13.75%

227 licensed short-term rentals within ½ mile (183 whole home), from the cities' license and permit lists of Nov 3, 2026.

No unit in this 17-unit complex holds a short-term rental license, so nothing shows its HOA allows them. Get the CC&Rs before counting on short-term income.

Pass at asking: -$2,553/mo full cashflow at 20% down, 7.49% rate.

Works at $297,898 (53% under asking), or at 79% down.

Rent $3,731/mo from 2 leases in this building (±1 bed) ($3,630–$3,832).

Beds

2

Baths

2

Sqft

1,444

Year Built

1969

Days on Market

0

Property Type

Condo

HOA/mo

$575

MLS ID

PTP2608145

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

Virtual Tour

About This Property

Morning walks in Balboa Park, a stop at Little Italy’s Mercato for fresh flowers and local finds, dinner downtown, or an evening along the waterfront. This Bankers Hill condo puts you close to the experiences that make San Diego such a special place to call home. Approximately six blocks away, Balboa Park offers gardens, walking trails, museums, and performances at The Old Globe. Nearby Little Italy adds neighborhood cafés, restaurants, and the gathering spaces of Piazza della Famiglia. Located on the second floor of a 17-unit building with elevator access, this 2-bedroom, 2-bath residence offers 1,444 square feet of single-level living. Enjoy views of San Diego Bay and the city skyline, with North Island across the water. After dark, the illuminated airport runway and lights along the bay create a beautiful evening backdrop. Expansive windows with plantation shutters brighten the spacious living and dining areas. Warm wood-tone flooring, built-in display shelving, and a decorative electric fireplace add character. The updated kitchen offers generous cabinet space, stainless steel appliances, recessed lighting, and a coordinating dining-area buffet with wine storage. The primary suite features a walk-in closet, an additional closet, and built-in shoe shelving. Both bathrooms have been updated with glass-enclosed tiled showers. In the second bedroom, a Murphy bed and built-in workspace make it easy to accommodate overnight guests while keeping a dedicated home office. Cabinetry and dresser drawers provide additional storage. An assigned underground garage parking space adds everyday convenience. Whether you’re looking for a primary residence or a San Diego second home, this condo offers convenience, lifestyle, with dining, culture, and the waterfront close by.

Mortgage Calculator

Est. Monthly Payment

$4,902

Principal & Interest$3,515
Property Tax$629
Insurance$183
HOA$575
%($125,800)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Washington Elementary · grades PK-5 · San Diego Unified

  • Middle

    Roosevelt International Middle · grades 6-8 · San Diego Unified

  • High

    San Diego High · grades 9-12 · San Diego Unified

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Investment Score

47B
Est. Monthly Rent
$3,731

2 leases in this building (±1 bed) · $3,630–$3,832

Thin data: only 2 leases behind this number.

Monthly Cashflow

Rent − PITIA

-$1,171
Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,553

What would make this work?

$2,553/mo short at 20% down; 79% down or +$3,316/mo rent closes it.

Break-even price

53% under asking

$297,898
Break-even rent

$3,316/mo above the estimate

$7,047/mo
Cashflow at 35% down
−$1,894/mo
Down payment to break even

$496,910 cash

79%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$3,515
Cap Rate
2.19%
Cash-on-Cash
-24.36%
DSCR

Need ≥ 1.25 for DSCR loan

0.76

NOI (Annual)
$13,779
Price-to-Rent

Lower = better for investors

14.0

* Modelled at 20% down, 7.49% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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BCashflow−$2,553/mo