2604 5th Ave
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2604 5th Ave #701

D

San Diego, CA 92103

$2,695,000
NEW — 0d

Beds

2

Baths

2.5

Sqft

2,247

Year Built

2019

Days on Market

0

Property Type

Condo

HOA/mo

$1,702

MLS ID

NDP2605133

This property is in San Diego (92103). View neighborhood stats →

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About This Property

A rare offering within coveted 41West, this exceptional residence captures the essence of modern luxury in the heart of Bankers Hill. Framed by sweeping views of the iconic California Tower and the treetops of Balboa Park, the condo blends sophisticated design with effortless indoor-outdoor living. Beyond the impressive double-door entry, soaring 10-foot ceilings and walls of glass create a dramatic sense of scale and natural light throughout the expansive great room. A disappearing glass wall opens seamlessly to an oversized wrap-around terrace—an extraordinary extension of the living space designed for entertaining, and year-round Southern California living. Virtually new and impeccably curated, the residence offers a front-row perspective to one of San Diego’s most celebrated landmarks, with dynamic vistas stretching across Bankers Hill toward the ocean and vibrant 5th Avenue corridor below. Every detail reflects the contemporary sophistication that has made 41West one of the premier residential addresses in Bankers Hill. Residents enjoy an elevated level of privacy, security, and convenience with lobby attendant service, FOB-controlled access to building entrances, elevators, and common areas, secure underground parking, and 24/7 video monitoring throughout the property. Amenities also include a resident lounge, private fitness center, pet wash station, bicycle storage, and additional resident storage areas. Ideally positioned just moments from Balboa Park, downtown San Diego, acclaimed restaurants, museums, and the city’s vibrant cultural attractions, this is refined urban living at its finest.

Mortgage Calculator

Est. Monthly Payment

$18,810

Principal & Interest$13,627
Property Tax$2,695
Insurance$786
HOA$1,702
%($539,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$4,068
Monthly Cashflow

Rent − PITIA

$-14,742
Full Cashflow

Incl. vacancy, PM, maint, capex

$-17,924

Mortgage (P+I)
$13,627
Cap Rate
-1.91%
Cash-on-Cash
-39.90%
DSCR

Need ≥ 1.25 for DSCR loan

0.22
Break-even Rent
$27,346

NOI (Annual)
$-51,558
Price-to-Rent

Lower = better for investors

55.2

* 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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