2921 India St
Dbottom 20%San Diego, CA 92103
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.
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Est. Monthly Payment
$9,028
Location
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Comparable Properties
5 comps foundThis Property
$4,192
Comp Average
$4,933
3711 Columbia Street
3bd / 2.5ba · 1,858 sqft · Townhouse
$1.18M
Est. $4,593/mo
3533 3rd Ave
3bd / 3.5ba · 2,257 sqft · Townhouse
$1.49M
Est. $5,571/mo
104 Lewis Street
3bd / 3ba · 1,878 sqft · Townhouse
$1.29M
Est. $4,737/mo
3740 Park Blvd
3bd / 3ba · 2,613 sqft · Condo
$1.55M
Est. $5,442/mo
2665 5th Avenue
2bd / 2.5ba · 2,032 sqft · Condo
$1.59M
Est. $4,320/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
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)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$6,821/mo short at 20% down; 100% down or +$8,858/mo rent closes it.
- Break-even price
- $340,742
- Break-even rent
- $13,050/mo
- Cashflow at 35% down
- −$5,537/mo
- Down payment to break even
- 100%
- Rate to break even
- Not reachable
72% under asking
$8,858/mo above the estimate
$1,225,000 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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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