427 9th Avenue
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427 9th Avenue #501

D

San Diego, CA 92101

$479,000
NEW — 3d

Soft Appraisal Value: $477,000 · 0.4% above estimate

Beds

1

Baths

1

Sqft

843

Year Built

2005

Days on Market

3

Property Type

Condo

HOA/mo

$930.08

MLS ID

260013480SD

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

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About This Property

Live Steps from Petco Park in the Heart of the Gaslamp. This bright, updated condo perfectly combines downtown energy with Cozy Comfort. Inside features refinished Cherry Cabinets, Granite Countertops, S/S Appliances, Crown Molding, New LVP flooring in Living Room, New Paint thru out, a full sized stacked washer/dryer, and renovated Tub/Shower with Subway Tile design. Step out on your 12 X 8 Patio and enjoy peek views of Petco's Park in the Park. This unit is ideal for city lovers, Padre fans, or anyone who seeks the excitement of downtown at their doorstep. Building has small workout room on 14th floor with universal and cardio equipment. Unit has one assigned underground parking spot on parking level #3. Very clean & current building with Secured Lobby, Amazon Delivery Ctr & Elevator with Key FOB access. Padre fans will love the location of this condo. If you have a ticket, no problem to find parking. Quick walk to multiple entrances. Leaving the game, head out right field, cross J to 9th and you're at your condo building. No game ticket, no worries. Grab a steak, a cold drink and head to the 14th floor deck with Gas BBQ with direct views to home plate.

Mortgage Calculator

Est. Monthly Payment

$3,971

Principal & Interest$2,422
Property Tax$479
Insurance$140
HOA$930
%($95,800)
%

Location

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Investment Score

27D
Est. Monthly Rent
$2,581
Monthly Cashflow

Rent − PITIA

$-1,390
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,383

Mortgage (P+I)
$2,422
Cap Rate
0.10%
Cash-on-Cash
-29.85%
DSCR

Need ≥ 1.25 for DSCR loan

0.65
Break-even Rent
$5,676

NOI (Annual)
$469
Price-to-Rent

Lower = better for investors

15.5

* 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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