2921 India St

2921 India St

Dbottom 20%

San Diego, CA 92103

$1,225,000
NEW — 0d

Pass at asking: -$6,821/mo full cashflow at 20% down, 7.49% rate.

Works at $340,742 (72% under asking), or at all cash.

Rent $4,192/mo from 8 leases of 1–3 bed condos & townhomes within 0.5 mi ($4,627–$5,139).

Beds

2

Baths

2.5

Sqft

2,487

Year Built

1993

Days on Market

0

Property Type

Condo

HOA/mo

$600

MLS ID

260026213SD

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

About This Property

Experience the perfect blend of scale and scenery at 2921 India Street, Unit 2. This rare find offers nearly 2,500 square feet of sophisticated living space, providing a sense of volume and freedom that is hard to come by in the heart of San Diego. As one of only three units in the entire building, the residence offers an exclusive, boutique feel that begins the moment you arrive. Upon arrival you step directly from the elevator into a bright, expansive layout framed by newly installed windows that showcase incredible water views. The interior has been thoughtfully refreshed, featuring beautifully updated bathrooms and oversized bedrooms and closets. The open concept kitchen with matching Monogram appliances inclusive of a six burner gas stove and wine fridge allows you to appreciate your view from every angle. The versatile floor plan also offers an open office area in its current state, or the potential for a third bedroom if enclosed. Comfort is a priority with three distinct AC zones, a private laundry room, and plenty of kitchen storage. Living here means having proximity to Balboa Park, Little Italy, and some of the city's best restaurants and shops while enjoying the privacy and space of a much larger home. With its impressive square footage, modern upgrades, and two private garage parking spots with EV charging, this condo represents an unbeatable value in the heart of San Diego. Whether you love entertaining or value space and an open and airy layout with water views, this home is for you.

Mortgage Calculator

Est. Monthly Payment

$9,028

Principal & Interest$6,846
Property Tax$1,225
Insurance$357
HOA$600
%($245,000)
%
Loan Term

Location

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Investment Score

2D
Est. Monthly Rent
$4,192

8 leases of 1–3 bed condos & townhomes within 0.5 mi · $4,627–$5,139

Blended 50/50 with the zip's market median ($3,583)

Monthly Cashflow

Rent − PITIA

-$4,836
Full Cashflow

Incl. vacancy, PM, maint, capex

-$6,821

What would make this work?

$6,821/mo short at 20% down; 100% down or +$8,858/mo rent closes it.

Break-even price

72% under asking

$340,742
Break-even rent

$8,858/mo above the estimate

$13,050/mo
Cashflow at 35% down
−$5,537/mo
Down payment to break even

$1,225,000 cash

100%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$6,846
Cap Rate
0.23%
Cash-on-Cash
-33.41%
DSCR

Need ≥ 1.25 for DSCR loan

0.46

NOI (Annual)
$2,815
Price-to-Rent

Lower = better for investors

24.4

* Modelled at 20% down, 7.49% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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DCashflow−$6,821/mo