427 9th Ave #403
Ctop 80%San Diego, CA 92101
One license per person in San Diego: whether you can hold it depends on you, not only the home.
215 licensed short-term rentals within ½ mile (143 whole home), from the cities' license and permit lists of Nov 11, 2026.
1 short-term rental license on file in this 54-unit complex, so its HOA has allowed them. Confirm in the CC&Rs: an HOA can ban stays under 30 days (Civ. Code §4741).
Pass at asking: -$3,012/mo full cashflow at 20% down, 7.43% rate.
Works at $237,917 (62% under asking), or at 89% down.
Rent $3,638/mo from 1 lease in this building.
Beds
2
Baths
2
Sqft
1,018
Year Built
2005
Days on Market
249
Property Type
Condo
HOA/mo
$974.35
MLS ID
260005252SD
This property is in San Diego (92101). View neighborhood stats →
About This Property
Terrific 2 Bedroom 2 Bathroom Corner Unit in the Highly Coveted Diamond Terrace Complex. Located in the Heart of East Village. Spectacular View of Petco Park. Enjoy ballgames, concerts, etc. from your own balcony! Rarely Available! Open Floorplan with lots of Natural Light. Granite Countertops! Stainless Steel Appliances! Laundry In Unit. TWO (tandem) Parking Spots. Close to Restaurants, Parks, and Neighborhood Stores. Excellent Opportunity for a First-Time Buyer or Investor.
Mortgage Calculator
Est. Monthly Payment
$5,288
Location
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Zoned Schools
Elementary
Sherman Elementary · grades PK-5 · San Diego Unified
Middle
Logan Memorial Educational Campus · grades PK-12 · San Diego Unified
High
Logan Memorial Educational Campus · grades PK-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
$3,638
Comp Average
$3,455
1025 Island Avenue
2bd / 2ba · 1,027 sqft · Condo
$639K
Est. $3,598/mo
350 K St
2bd / 2ba · 1,024 sqft · Condo
$700K
Est. $3,573/mo
1080 Park Blvd
2bd / 2ba · 1,029 sqft · Condo
$600K
Est. $3,184/mo
1080 Park Blvd.
2bd / 2ba · 1,029 sqft · Condo
$675K
Est. $3,184/mo
700 Harbor Dr
2bd / 2ba · 1,013 sqft · Condo
$724K
Est. $3,736/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
1 lease in this building
Blended 50/50 with a property-level estimate
Thin data: only 1 lease behind this number.
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$3,012/mo short at 20% down; 89% down or +$3,911/mo rent closes it.
- Break-even price
- $237,917
- Break-even rent
- $7,549/mo
- Cashflow at 35% down
- −$2,355/mo
- Down payment to break even
- 89%
- Rate to break even
- Not reachable
62% under asking
$3,911/mo above the estimate
$560,656 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.
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