350 K Street

350 K Street

D

San Diego, CA 92101

$618,000
NEW — 3d on market

Beds

2

Baths

2

Sqft

933

Year Built

2002

Days on Market

3

Property Type

Condo

HOA/mo

$735

MLS ID

260007052SD

View on MLS

Description

Located in the highly sought after Marina District, Crown Bay offers an unbeatable location at the center of downtown's vibrant lifestyle. Just steps from the best of the city, you'll enjoy award winning dining, waterfront strolls along the Embarcadero, easy access to the Gaslamp's Quarter's nightlife and entertainment. Walk across the street to the Convention Center and Petco Park, plus the airport proximity adds the ease of travel. Residents of Crown Bay enjoy a variety of amenities, including a well equipped fitness center, spacious patios and BBQ area, both areas complete with seating and tables for entertaining or relaxing. The home features two parking spaces (tandem) and metered parking surround the building. Primary bedroom has walk-in closet and a slider out to the private balcony with walk in storage closet, secondary bedroom has full wall length closet, and is across from 2nd full bathroom with tub and stacked closeted washer/dryer. Kitchen has large pantry plus a great amount of cupboards and counter space. You will be surprised with how spacious this home feels as you walk into a separate tiled entry. The main entrance has elegant glass double doors into a lounge inspired lobby with inviting couches and decor that you will be proud to meet guests in. Furniture is negotiable, this was a second home and rarely used by one owner.

Mortgage Calculator

Est. Monthly Payment

$4,658

Principal & Interest$3,125
Property Tax$618
Insurance$180
HOA$735
%($123,600)
%

Investment Score

4D
Est. Monthly Rent
$3,630
Monthly Cashflow

Rent − PITI − HOA

$-1,028
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,378

Mortgage (P+I)
$3,125
Cap Rate
1.45%
Cash-on-Cash
-23.09%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.78
Break-even Rent
$6,718

NOI (Annual)
$8,965
Price-to-Rent

Lower = better for investors

14.2

* 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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