2487 Kettner Blvd

2487 Kettner Blvd

B

San Diego, CA 92101

$1,149,000

Beds

Baths

2

Sqft

1,610

Year Built

2007

Days on Market

485

Property Type

Condo

HOA/mo

N/A

MLS ID

250020783SD

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

About This Property

Variance Granted Condominium. Award-winning architecture. NO HOA. This property has two versatile office spaces with a newly upgraded full bath, kitchens, and a garage currently used as a flex space. Currently, one office is tenant-occupied. The office is surrounded by top-notch dining, trendy boutiques, and lively entertainment options - all within walking distance. Potential to be used as a live/work loft space with 2 potential living spaces. The space is located within a mixed-use zone, allowing for both commercial and residential uses. Nearby parks include Amici Park, Waterfront Park, and American Plaza. Close restaurants include Queenstown Public House, Lofty Coffee, Cafe Italia, Ironside, Craft & Commerce, Harbor, Shake Shack, Ballast Point, Stone Tasting Room and many more.

Mortgage Calculator

Est. Monthly Payment

$7,294

Principal & Interest$5,810
Property Tax$1,149
Insurance$335
%($229,800)
%

Investment Score

38C
Est. Monthly Rent
$5,900
Monthly Cashflow

Rent − PITIA

$-1,394
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,708

Mortgage (P+I)
$5,810
Cap Rate
2.19%
Cash-on-Cash
-19.37%
DSCR

Need ≥ 1.25 for DSCR loan

0.81
Break-even Rent
$10,716

NOI (Annual)
$25,218
Price-to-Rent

Lower = better for investors

16.2

* 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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