350 Ash #1106
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350 Ash #1106

Ctop 80%

San Diego, CA 92101

$475,000
STR: check · no permits in this complex · TOT 13.75%

200 licensed short-term rentals within ½ mile (177 whole home), from the cities' license and permit lists of Nov 2, 2026.

No unit in this 76-unit complex holds a short-term rental license, so nothing shows its HOA allows them. Get the CC&Rs before counting on short-term income.

Pass at asking: -$2,508/mo full cashflow at 20% down, 7.49% rate.

Works at $149,904 (68% under asking), or at 96% down.

Rent $2,476/mo from 4 leases in this building ($2,208–$2,738).

Beds

Studio

Baths

1

Sqft

521

Year Built

2006

Days on Market

45

Property Type

Condo

HOA/mo

$750

MLS ID

260022845SD

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

Virtual Tour

About This Property

Urban sophistication meets effortless downtown living in this stylish loft residence in the heart of Little Italy. Soaring 10-foot ceilings and an open-concept design create a bright, spacious feel, while western exposure and a Juliette balcony capture city views with glimpses toward the water. The contemporary kitchen features custom cabinetry, stainless steel appliances, expansive slab countertops, and a matching backsplash, complemented by a beautifully remodeled bathroom with clean, modern finishes. Adding exceptional convenience are two secured side-by-side parking spaces, in-unit washer and dryer, and a private storage locker. Step outside and experience one of San Diego’s most vibrant neighborhoods, with acclaimed restaurants, cafés, waterfront destinations, the Gaslamp Quarter, Broadway Pier, and downtown attractions all within easy reach. Convenient freeway access makes getting around the city equally effortless. A sophisticated lock-and-leave residence offering the best of Little Italy and the San Diego lifestyle.

Mortgage Calculator

Est. Monthly Payment

$4,018

Principal & Interest$2,654
Property Tax$475
Insurance$139
HOA$750
%($95,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Washington Elementary · grades PK-5 · San Diego Unified

  • Middle

    Roosevelt International Middle · grades 6-8 · San Diego Unified

  • High

    San Diego High · grades 9-12 · 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

32C
Est. Monthly Rent
$2,476

4 leases in this building · $2,208–$2,738

Monthly Cashflow

Rent − PITIA

-$1,542
Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,508

What would make this work?

$2,508/mo short at 20% down; 96% down or +$3,257/mo rent closes it.

Break-even price

68% under asking

$149,904
Break-even rent

$3,257/mo above the estimate

$5,733/mo
Cashflow at 35% down
−$2,010/mo
Down payment to break even

$456,000 cash

96%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$2,654
Cap Rate
0.68%
Cash-on-Cash
-31.68%
DSCR

Need ≥ 1.25 for DSCR loan

0.62

NOI (Annual)
$3,246
Price-to-Rent

Lower = better for investors

16.0

* 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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CCashflow−$2,508/mo