2604 5th Ave

2604 5th Ave

D

San Diego, CA 92103

$1,760,000

Soft Appraisal Value: $2,567,600 · 31.5% below estimate

Beds

2

Baths

2

Sqft

1,600

Year Built

2019

Days on Market

20

Property Type

Condo

HOA/mo

$1,579.22

MLS ID

260005514SD

Description

Welcome to 41West, a rare boutique luxury residence in the heart of Bankers Hill, just steps from Balboa Park. With only 41 homes, this exclusive building offers privacy, refined design, and one of San Diego’s most desirable walkable urban locations. Inside, 10-foot ceilings and a dramatic floor-to-ceiling wall of NanaWall doors open to an oversized private patio with views of Balboa Park.The elegant open floor plan offers generous living and dining areas, while bedrooms are thoughtfully positioned on opposite sides of the home for maximum privacy. The chef’s kitchen features Italian cabinetry, premium appliances, and sleek modern finishes, complemented by beautiful wood flooring throughout. The spacious primary suite includes a large walk-in closet and a spa-inspired bathroom with luxury finishes. Enjoy charming corridor views toward 5th Avenue and Balboa Park, with acclaimed restaurants, cafés, and cultural destinations just outside your door. Complete with two side-by-side parking spaces and a location minutes to downtown and the airport, this residence is ideal as a sophisticated primary home or an elegant San Diego retreat.

Mortgage Calculator

Est. Monthly Payment

$12,752

Principal & Interest$8,900
Property Tax$1,760
Insurance$513
HOA$1,579
%($352,000)
%

Investment Score

1D
Est. Monthly Rent
$7,704
Monthly Cashflow

Rent − PITI − HOA

$-5,048
Full Cashflow

Incl. vacancy, PM, maint, capex

$-8,286

Mortgage (P+I)
$8,900
Cap Rate
0.42%
Cash-on-Cash
-28.25%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.60
Break-even Rent
$18,465

NOI (Annual)
$7,358
Price-to-Rent

Lower = better for investors

19.0

* 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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