253 10th Avenue

253 10th Avenue

D

San Diego, CA 92101

$449,900
NEW — 4d on market

Soft Appraisal Value: $468,000 · 3.9% below estimate

Beds

1

Baths

1

Sqft

808

Year Built

2006

Days on Market

4

Property Type

Condo

HOA/mo

$893.71

MLS ID

260006459SD

Description

Light, space, and style define this bright and open Park Terrace residence. Oversized windows fill the living and dining area with natural light, nicely complemented by sleek track lighting and warm luxury vinyl plank flooring throughout. Step outside onto your private balcony and take in a lush, tree-lined streetscape framed by the Downtown skyline with the iconic San Diego Central Library dome as your backdrop and peek views toward Petco Park. The open-concept layout flows from the living room to a well-appointed kitchen featuring granite countertops, stainless appliances, and recessed lighting. The bedroom offers a spacious walk-in closet, and a full bath with shower/tub combo keeps things practical. An oversized dedicated parking and north-facing exposure (keeping the unit cool and comfortable year-round) seal the deal. Steps from the Gaslamp Quarter, Petco Park, and the waterfront, this is Downtown San Diego living done right Park Terrace puts you in the heart of East Village, just steps from Petco Park and the lively Gallagher Square. Surrounded by local favorites like Lestat’s on Park for coffee, Café Chloe for French-inspired dining, and Parkhouse Eatery for brunch, residents enjoy a walkable lifestyle filled with trendy cafés, restaurants, and nightlife. With ballgames, concerts, and community events right outside your door, Park Terrace offers truly prime Downtown living. Residents of Park Terrace enjoy amenities such as a well-equipped fitness center, recreation room with pool table, and an inviting community courtyard complete with lounge areas and barbecues, perfect for gatherings with friends and neighbors.

Mortgage Calculator

Est. Monthly Payment

$3,750

Principal & Interest$2,275
Property Tax$450
Insurance$131
HOA$894
%($89,980)
%

Investment Score

13D
Est. Monthly Rent
$2,943
Monthly Cashflow

Rent − PITI − HOA

$-807
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,858

Mortgage (P+I)
$2,275
Cap Rate
1.11%
Cash-on-Cash
-10.76%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.78
Break-even Rent
$3,750

NOI (Annual)
$4,999
Price-to-Rent

Lower = better for investors

12.7

* 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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