2585 J Street
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2585 J Street

D

San Diego, CA 92102

$699,999
NEW — 1d

Beds

1

Baths

1

Sqft

420

Year Built

1938

Days on Market

1

Property Type

Single Family

HOA/mo

N/A

MLS ID

260011193SD

This property is in San Diego (92102). View neighborhood stats →

About This Property

This beautiful 1 bedroom 1 bath is a perfect starter home, and is also currently a functioning Airbnb grossing $60k+ a year. This 1 bedroom 1 bathroom home is located right outside downtown San Diego, and is a 1.5 mile walk or short Uber to Petco, Gaslamp Quarter and the convention center without the hustle and bustle of downtown. The home was fully renovated by the owners from the floors to the roof with high end material. Upgrades include, dual pane windows, a full home water filtration system with reverse osmosis drinking water in the kitchen, mini splits, tankless water heater, two private decks that overlook the city skyline and Coronado Bridge, a turfed yard, and jacuzzi. There is a full basement area under the home for storage and a 64 sq foot bonus shed that is fully finished with electrical, dual pane windows, LVP flooring and french doors that can be used as a home office or leisure space. The home offers amazing panoramic views, and is a home you have to see in person to fully appreciate everything it has to offer. Home can be sold fully furnished for a true turn key option.

Mortgage Calculator

Est. Monthly Payment

$4,444

Principal & Interest$3,540
Property Tax$700
Insurance$204
%($140,000)
%

Location

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Investment Score

14D
Est. Monthly Rent
$1,888
Monthly Cashflow

Rent − PITIA

$-2,556
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,573

Mortgage (P+I)
$3,540
Cap Rate
-0.06%
Cash-on-Cash
-30.63%
DSCR

Need ≥ 1.25 for DSCR loan

0.42
Break-even Rent
$6,528

NOI (Annual)
$-403
Price-to-Rent

Lower = better for investors

30.9

* 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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