2750 4th Ave
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2750 4th Ave #402

C

San Diego, CA 92103

$2,050,000
NEW — 0d

Soft Appraisal Value: $1,992,000 · 2.9% above estimate

Beds

3

Baths

2.5

Sqft

1,862

Year Built

2020

Days on Market

0

Property Type

Condo

HOA/mo

$1,004.27

MLS ID

OC26148408

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

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About This Property

Welcome to Palatine, where Modern Sophistication meets Contemporary Elegance. This upscale boutique building features a collection of 16 luxurious condominium homes, each offering a sense of privacy and exclusivity. Located in the highly desirable Bankers Hill neighborhood, Residence 402 is the epitome of luxury. This sought after Three bedroom, Two and a half bath condominium home features premium high-end finishes throughout. From the moment you enter the stylish residence, an elegant entryway creates a breathtaking first impression. Carefully selected materials, Lutron Smart Lighting (App, Remote, and Voice Controlled), and modern decor set a warm and inviting tone for the entire interior. Luxurious travertine stone flooring flows seamlessly though the main indoor and outdoor living spaces. The expansive living space opens effortlessly to an oversized covered patio with stunning views of Balboa Park and the Coronado Bridge. The open floor plan has been thoughtfully designed, with an emphasis on seamless indoor/outdoor living. Floor to ceiling triple sliding doors extend the living space from both the great room and primary suite to the spacious, yet private terrace. The centerpiece of the home is defined by the elegant and well-appointed kitchen. You’ll appreciate the opulent quartz surfaces, Shinnoki Walnut Cabinetry (throughout the home), and Built-in Miele Kitchen Suite including Wine-Fridge, Espresso Machine, and Warming Oven. A separate and intimate dining area provides a sense of occasion, making it ideal for elegant entertaining. A primary suite featuring a luxurious ensuite bath provides a private, spa-like sanctuary that perfectly combines comfort, style, and everyday indulgence. Custom LEMA Walk-in Master Closet with Built-in laundry and automated LED lighting. Two additional bedrooms feature Custom LEMA Reach-in closets with Adjustable shelves and automated LED lighting. You’ll also appreciate a well-appointed guest bath, and the convenience of a private half bath. A separate walk-in laundry room with sink provides for ease of living. Only steps away from Balboa Park, Olive Street Park, fine dining, museums, and incredible cultural attractions, and only minutes away from Downtown San Diego, Little Italy, and the sparkling San Diego Bay! All furnishings are available upon request. See supplement for distinctive features of Residence 402.

Mortgage Calculator

Est. Monthly Payment

$14,018

Principal & Interest$10,366
Property Tax$2,050
Insurance$598
HOA$1,004
%($410,000)
%

Location

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Investment Score

1D
Est. Monthly Rent
$7,199
Monthly Cashflow

Rent − PITIA

$-6,819
Full Cashflow

Incl. vacancy, PM, maint, capex

$-10,183

Mortgage (P+I)
$10,366
Cap Rate
0.11%
Cash-on-Cash
-29.80%
DSCR

Need ≥ 1.25 for DSCR loan

0.51
Break-even Rent
$20,424

NOI (Annual)
$2,192
Price-to-Rent

Lower = better for investors

23.7

* 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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