350 11th Ave. #341
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350 11th Ave. #341

Ctop 80%

San Diego, CA 92101

$549,900
NEW — 0d
STR-eligible · San Diego Tier 3 · TOT 13.75%

One license per person in San Diego: whether you can hold it depends on you, not only the home.

173 licensed short-term rentals within ½ mile (114 whole home), from the cities' license and permit lists of Nov 6, 2026.

1 short-term rental license on file in this 70-unit complex, so its HOA has allowed them. Confirm in the CC&Rs: an HOA can ban stays under 30 days (Civ. Code §4741).

Pass at asking: -$2,791/mo full cashflow at 20% down, 7.43% rate.

Works at $186,463 (66% under asking), or at 94% down.

Rent $3,110/mo from 3 leases in this building ($2,799–$3,250).

Beds

1

Baths

1

Sqft

1,018

Year Built

2006

Days on Market

0

Property Type

Condo

HOA/mo

$962.97

MLS ID

260026373SD

This property is in San Diego (92101). View neighborhood stats →

About This Property

Stunning loft-style condo in the historic Carnation building at Icon combines the perfect blend of old world charm with modern luxury. Unit 341 features soaring 13 foot ceilings, beautiful white oak floors, an open kitchen with quartz counters, stainless steel appliances and built-in desk, exposed duct-work, large metal framed windows, completely renovated bathroom, walk-in closet, Nest HVAC, an underground parking space and a storage unit. Icon has many amenities including a fitness center, security, community lounge with full kitchen, movie theater room and a rooftop party deck with barbecue grills, surround sound, TV and spectacular views of Petco Park, San Diego Bay, Coronado and the downtown San Diego skyline.

Mortgage Calculator

Est. Monthly Payment

$4,728

Principal & Interest$3,055
Property Tax$550
Insurance$160
HOA$963
%($109,980)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Sherman Elementary · grades PK-5 · San Diego Unified

  • Middle

    Logan Memorial Educational Campus · grades PK-12 · San Diego Unified

  • High

    Logan Memorial Educational Campus · grades PK-12 · San Diego Unified

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Investment Score

31C
Est. Monthly Rent
$3,110

3 leases in this building · $2,799–$3,250

Thin data: only 3 leases behind this number.

Monthly Cashflow

Rent − PITIA

-$1,618
Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,791

What would make this work?

$2,791/mo short at 20% down; 94% down or +$3,625/mo rent closes it.

Break-even price

66% under asking

$186,463
Break-even rent

$3,625/mo above the estimate

$6,735/mo
Cashflow at 35% down
−$2,219/mo
Down payment to break even

$516,906 cash

94%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$3,055
Cap Rate
0.91%
Cash-on-Cash
-30.46%
DSCR

Need ≥ 1.25 for DSCR loan

0.66

NOI (Annual)
$5,029
Price-to-Rent

Lower = better for investors

14.7

* Modelled at 20% down, 7.43% 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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CCashflow−$2,791/mo