425 W Beech Street 408

425 W Beech Street 408

C

San Diego, CA 92101

$615,000

Beds

2

Baths

2

Sqft

989

Year Built

2004

Days on Market

247

Property Type

Condo

HOA/mo

$904

MLS ID

250043703SD

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

About This Property

2 Bedroom, 2 Bath condo in a beautiful high-rise building. Building is located in the heart of Little Italy and only a few blocks to San Diego Bay. New waterproof hardwood laminate flooring (LVP) installed throughout the home. Brand new matching stainless steel appliances just installed in the kitchen as well. Floor to ceiling windows in both bedrooms that let in tons of natural light. Spacious living room area that combines with the dining area. Stackable washer/dryer in excellent condition. Large master bedroom includes a balcony area. Entire condo has been painted, cleaned and ready to move-in! Building features include a large fitness room with treadmills, weights and work-out machines. A beautiful pool and spa is located on the 8th floor between the two high-rise towers. Next to the pool is a BBQ and outdoor dining area. 24-hour manned front desk to welcome guests, ensure security and secure packages. 1 parking space included which is a valet space. A parking attendant will park and retrieve your car for you at no extra charge beyond the normal HOA monthly fee (valet is mandatory to ensure no parking damage occurs). Trolley and freeway access are only blocks away. This is a Class A building in a highly desirable area!

Mortgage Calculator

Est. Monthly Payment

$4,808

Principal & Interest$3,110
Property Tax$615
Insurance$179
HOA$904
%($123,000)
%

Investment Score

31C
Est. Monthly Rent
$3,383
Monthly Cashflow

Rent − PITIA

$-1,425
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,715

Mortgage (P+I)
$3,110
Cap Rate
0.77%
Cash-on-Cash
-26.49%
DSCR

Need ≥ 1.25 for DSCR loan

0.70
Break-even Rent
$6,909

NOI (Annual)
$4,733
Price-to-Rent

Lower = better for investors

15.1

* 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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