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253 10th Ave #624

San Diego, CA 92101

$459,000

STR: check · no permits in this complex · TOT 13.75%

169 licensed short-term rentals within ½ mile (114 whole home), from the cities' license and permit lists of Nov 11, 2026.

No unit in this 72-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: -$2,217/mo full cashflow at 20% down, 7.43% rate.

Works at $170,368 (63% under asking), or at 90% down.

Rent $2,829/mo from 3 leases in this building ($2,662–$3,014).

Beds

Baths

Sqft

739

Year Built

2006

Days on Market

Property Type

Condo

HOA/mo

$869.52

MLS ID

260019556SD

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

About This Property

Located at Park Terrace East Village across from Petco Park, this one bedroom one bath condo offers a prime location to enjoy all that downtown and the East Village offers. The condo has an open format floorplan with the kitchen featuring granite countertops and stainless-steel appliances which flows into the living area with floor to ceiling windows and a large balcony with views to Petco Park. The bedroom also features floor to ceiling windows looking to the stadium. The residence includes one dedicated underground parking space. Park Terrace amenities include a fully equipped fitness center, a recreation room, courtyard seating areas, terraces on the 2nd and 5th floors with BBQ grills, bike storage, on-site property management, and 24-hour security. The building common areas have just been refreshed with new paint and carpet. Enjoy the best of Downtown living with Petco Park and Gallagher Square across the street, the Gaslamp Quarter, Coronado Ferry, Convention Center, Seaport Village and many restaurants and much more within walking distance.

Mortgage Calculator

Est. Monthly Payment

$4,012

Principal & Interest$2,550

Property Tax$459

Insurance$134

HOA$870

Down Payment

%($91,800)

Interest Rate

Loan Term

Location

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Zoned Schools

Elementary
Perkins K-8 · grades PK-8 · San Diego Unified
Middle
Logan Memorial Educational Campus · grades PK-12 · San Diego Unified
High
Logan Memorial Educational Campus · grades PK-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.

Comparable Properties

5 comps found

This Property

$2,829

Comp Average

$2,570

1150 J St

1bd / 1ba · 735 sqft · Condo

$425K

Est. $2,630/mo

1501 Front St

1bd / 1ba · 721 sqft · Condo

$463K

Est. $2,734/mo

875 G

1bd / 1ba · 737 sqft · Condo

$489K

Est. $2,606/mo

550 Park Blvd

1bd / 1ba · 738 sqft · Condo

$439K

Est. $2,530/mo

777 6th Ave

1bd / 1ba · 725 sqft · Condo

$450K

Est. $2,350/mo

Comps based on same zip code, similar beds (±1), price range (60-150%).

Investment Score

40B

Est. Monthly Rent

$2,829

3 leases in this building · $2,662–$3,014

Thin data: only 3 leases behind this number.

Monthly Cashflow

Rent − PITIA

-$1,183

Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,217

What would make this work?

$2,217/mo short at 20% down; 90% down or +$2,879/mo rent closes it.

Break-even price: $170,368
Break-even rent: $5,708/mo
Cashflow at 35% down: −$1,739/mo
Down payment to break even: 90%
Rate to break even: Not reachable

Mortgage (P+I)

$2,550

Cap Rate

1.24%

Cash-on-Cash

-28.98%

DSCR

Need ≥ 1.25 for DSCR loan

0.71

NOI (Annual)

$5,697

Price-to-Rent

Lower = better for investors

13.5

* Modelled at 20% down, 7.43% 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−$2,217/mo