
253 10th Avenue #908
Dbottom 20%San Diego, CA 92101
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 64-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: -$5,140/mo full cashflow at 20% down, 7.43% rate.
Works at $180,761 (79% under asking); even all cash loses money at asking.
Rent $3,075/mo from 2 leases in this building ($3,072–$3,079).
Beds
2
Baths
2
Sqft
1,074
Year Built
2006
Days on Market
97
Property Type
Condo
HOA/mo
$979.15
MLS ID
260019117SD
This property is in San Diego (92101). View neighborhood stats →
About This Property
Opportunities like this one are genuinely rare! This beautifully remodeled Park Terrace residence offers a private outdoor patio spanning over 600 square feet, giving you the kind of outdoor living space that most urban homeowners only dream about. Inside, the kitchen has been completely reimagined with new cabinetry, quartz countertops, updated stainless appliances, pantry with pull-out drawers, and finished with a layered smart lighting system featuring Alexa-controlled toe-kick and task lighting that sets the mood as effortlessly as it illuminates the space. Hard surface flooring throughout keeps the condo cool and easy to clean. Both bathrooms have been fully remodeled from the ground up, featuring new tubs, sleek glass enclosures, floor-to-ceiling modern tile, new vanities, and quartz countertops. Built-in speakers, closet organizers, and USB outlets add the kind of thoughtful detail that makes a home feel truly custom. In-unit laundry, private storage space, and two premium side-by-side parking spaces. 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. Residents enjoy a walkable lifestyle filled with trendy cafés, restaurants, and nightlife. Neighborhood staples like Izola for coffee/pastries, Bub's at the Ballpark for pub fare, and Gaslamp Breakfast Company or The Mission for brunch, or Callie (Michelin-recognized) and Cowboy Star for fine dining. With ballgames, concerts, and community events right outside your door, Park Terrace offers truly prime Downtown living. Residents enjoy amenities including a well-equipped fitness center, a recreation room with pool table, lobby attendant, security, and on-site management, and an inviting community courtyard complete with lounge areas and barbecues — perfect for gatherings with friends and neighbors.
Mortgage Calculator
Est. Monthly Payment
$6,799
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 foundThis Property
$3,075
Comp Average
$3,752
801 Ash
2bd / 2ba · 1,089 sqft · Condo
$599K
Est. $3,821/mo
253 10th
2bd / 2ba · 1,062 sqft · Condo
$685K
Est. $3,058/mo
325 7th Avenue
2bd / 2ba · 1,091 sqft · Condo
$848K
Est. $4,536/mo
321 10th Ave
2bd / 2ba · 1,077 sqft · Condo
$989K
Est. $4,350/mo
253 10th
2bd / 2ba · 1,017 sqft · Condo
$799K
Est. $2,993/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
2 leases in this building · $3,072–$3,079
Thin data: only 2 leases behind this number.
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$5,140/mo short at 20% down; +$6,675/mo rent closes it.
- Break-even price
- $180,761
- Break-even rent
- $9,750/mo
- Cashflow at 35% down
- −$4,254/mo
- Down payment to break even
- Not reachable
- Rate to break even
- Not reachable
79% under asking
$6,675/mo above the estimate
Negative even all-cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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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