
3535 1st Ave #5A
Ctop 80%San Diego, CA 92103
92 licensed short-term rentals within ½ mile (68 whole home), from the cities' license and permit lists of Nov 11, 2026.
HOA rules unknown: an HOA can ban stays under 30 days (Civ. Code §4741), and no permit on file shows this one allows them. Get the CC&Rs.
Pass at asking: -$3,430/mo full cashflow at 20% down, 7.43% rate.
Works at $193,497 (70% under asking), or at 98% down.
Rent $3,910/mo from 8 leases of 2-bed condos & townhomes within 0.5 mi, same school area ($3,823–$5,812). Previously leased for $3,850.
Beds
2
Baths
2
Sqft
1,470
Year Built
1973
Days on Market
91
Property Type
Condo
HOA/mo
$1,525
MLS ID
260019593SD
This property is in San Diego (92103). View neighborhood stats →
About This Property
Welcome to Century Plaza Towers — one of San Diego's most iconic mid-century modern residences, ideally situated in prestigious Bankers Hill with easy access to Balboa Park, Little Italy, and the best of Hillcrest dining and shopping. This spacious condo offers sweeping city and treetop views from nearly every room, thanks to floor-to-ceiling glass windows that flood the open living space with natural light. Step out onto your private balcony and soak in San Diego's skyline and year-round sunshine. The kitchen features warm wood cabinetry, dark granite countertops, and stainless steel appliances, flowing seamlessly into a glass-wrapped dining area with panoramic views. Both bedrooms are generously sized, with large sliding windows. A private in-unit laundry room adds everyday convenience, while a built-in wet bar with wine cooler brings a refined touch. A rare bonus for buyers: as prime example of modernism, Century Plaza Towers has qualified for the Mills Act, San Diego's historic preservation program that significantly reduces property taxes. Assigned indoor parking included. With a beautifully appointed lobby, luxurious common penthouse and gym, full-time on-site building management, secure entry, and an unbeatable location just minutes from Balboa Park, the San Diego Zoo, and major freeways, this is urban San Diego living and smart ownership at its finest.
Mortgage Calculator
Est. Monthly Payment
$5,907
Location
Loading map...
Zoned Schools
Elementary
Florence 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.
Comparable Properties
5 comps foundThis Property
$3,910
Comp Average
$3,730
3940 Dove Street
3bd / 2.5ba · 1,374 sqft · Condo
$719K
Est. $4,122/mo
1441 Robinson Ave
2bd / 2.5ba · 1,140 sqft · Condo
$699K
Est. $3,637/mo
3635 7th Avenue
2bd / 2ba · 1,056 sqft · Condo
$675K
Est. $3,475/mo
3570 1st Ave
2bd / 2ba · 1,222 sqft · Condo
$800K
Est. $3,535/mo
3535 1st Ave
2bd / 2ba · 1,549 sqft · Condo
$875K
Est. $3,880/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
Previously leased for $3,850
8 leases of 2-bed condos & townhomes within 0.5 mi, same school area · $3,823–$5,812
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$3,430/mo short at 20% down; 98% down or +$4,454/mo rent closes it.
- Break-even price
- $193,497
- Break-even rent
- $8,364/mo
- Cashflow at 35% down
- −$2,763/mo
- Down payment to break even
- 98%
- Rate to break even
- Not reachable
70% under asking
$4,454/mo above the estimate
$627,151 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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.
Open Full Calculator