2855 5th Avenue
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2855 5th Avenue #100

D

San Diego, CA 92103

$2,999,995
NEW — 2d

Beds

2

Baths

2.5

Sqft

3,020

Year Built

2018

Days on Market

2

Property Type

Townhouse

HOA/mo

$2,282

MLS ID

260013740SD

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

About This Property

Combining the scale and privacy of a single-family home with the convenience of luxury condominium living, Townhouse 100 at The Park is one of the most unique homes in Bankers Hill. As the largest townhome and fifth-largest residence in the community, this three-level home is served by a private elevator and offers a flexible floorplan currently configured as a spacious 2-bedroom with the option to create a third bedroom. Floor-to-ceiling glass on both the north and south exposures fills the home with natural light, while soaring ceilings and floating staircases create a dramatic sense of openness. The main level features a private entrance, living room, dining area with a custom Apparatus chandelier, powder room, and a chef's kitchen with Boffi cabinetry, quartz countertops, Miele appliances, and a walk-in pantry. The second level includes a guest bedroom, full bath, den/optional third bedroom, and a wine room with existing laundry hookups. The entire top floor is dedicated to the primary suite, with a sitting area, drop-down TV, custom closets, laundry, and a marble bath with Grohe fixtures. Five terraces and patios create exceptional indoor-outdoor living with views toward Balboa Park. Smart-home technology powered by Control4, Crestron, Alexa, Sonos, and automated shades provides effortless convenience. Built in 2018, The Park offers 24-hour front desk service, pool, fitness center, resident lounge, wine room, event spaces, guest suites, dog wash, and bike storage. Includes two side-by-side parking spaces with EV charging and a private 6' x 16' storage room.

Mortgage Calculator

Est. Monthly Payment

$21,327

Principal & Interest$15,170
Property Tax$3,000
Insurance$875
HOA$2,282
%($599,999)
%

Location

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Investment Score

0D
Est. Monthly Rent
$4,312
Monthly Cashflow

Rent − PITIA

$-17,015
Full Cashflow

Incl. vacancy, PM, maint, capex

$-20,506

Mortgage (P+I)
$15,170
Cap Rate
-2.13%
Cash-on-Cash
-41.01%
DSCR

Need ≥ 1.25 for DSCR loan

0.20
Break-even Rent
$30,944

NOI (Annual)
$-64,041
Price-to-Rent

Lower = better for investors

58.0

* 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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