425 Beech Street

425 Beech Street

D

San Diego, CA 92101

$699,000

Beds

2

Baths

2

Sqft

888

Year Built

2004

Days on Market

53

Property Type

Condo

HOA/mo

$813

MLS ID

PTP2600244

Description

Step into the vibrant heart of Little Italy with this beautifully upgraded corner residence at Aqua Vista. Perched on the 8th floor, Residence #851 offers 2 bedrooms, 2 bathrooms, and 888 sq ft of light-filled modern living, featuring floor-to-ceiling windows and sweeping city views. Seller is offering Seller Credits to buy down rate. The open-concept layout is designed for comfort and functionality, with in-unit laundry, modern finishes, and abundant natural light throughout. Residents enjoy a fully remodeled building with valet parking, rooftop pool and spa, fitness center, BBQ area, and 24/7 security, all included in the HOA. The unit is currently tenant-occupied and generating $3,000 per month in rental income, with the lease in place through late November, providing immediate cash flow while remaining ideal for future owner-occupants or investors. Located just steps from Little Italy’s renowned dining, cafés, waterfront, art galleries, and the iconic Farmers Market, this home offers both an exceptional lifestyle and a proven income-producing opportunity.

Mortgage Calculator

Est. Monthly Payment

$5,250

Principal & Interest$3,535
Property Tax$699
Insurance$204
HOA$813
%($139,800)
%

Investment Score

7D
Est. Monthly Rent

Market Rent Estimate

$3,849
Monthly Cashflow

Rent − PITI − HOA

$-1,402
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,869

Mortgage (P+I)
$3,535
Cap Rate
1.14%
Cash-on-Cash
-12.03%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

1.09
Break-even Rent
$5,251

NOI (Annual)
$7,983
Price-to-Rent

Lower = better for investors

15.1

* Defaults: 20% down, 6.5% rate, 30yr.

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