450 J St
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450 J St #4131

A

San Diego, CA 92101

$599,900
NEW — 1d

Soft Appraisal Value: $594,900 · 0.8% above estimate

Beds

2

Baths

2

Sqft

993

Year Built

2004

Days on Market

1

Property Type

Condo

HOA/mo

$754

MLS ID

NDP2605531

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

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About This Property

Short Sale Opportunity – Priced to Sell! Don’t Miss Out. Wake up in the vibrant heart of San Diego’s Gaslamp Quarter, where city energy meets sophisticated urban living. This stunning light-filled corner residence captures the magic of downtown with expansive windows framing sparkling city views and filling the home with natural sunlight throughout the day. With a coveted southeast-facing orientation, every room feels bright, open, and alive. Designed for both comfort and style, the contemporary kitchen shines with sleek granite quartz countertops, stainless steel appliances, and a seamless flow into the living and dining areas—creating the perfect backdrop for everything from quiet mornings to unforgettable evenings with friends. The thoughtfully designed floor plan offers exceptional privacy, with bedrooms situated on opposite sides of the residence, making it ideal for guests, roommates, remote work, or a peaceful retreat at the end of the day. Enjoy the convenience of in-unit laundry, plus two secured underground tandem parking spaces—a rare downtown luxury. Residents are treated to resort-style amenities including 24-hour security, a sparkling pool and spa, fitness center, and welcoming outdoor gathering areas. The HOA adds tremendous value by covering water, trash, pest control, and common area maintenance. Just outside your door, discover the very best of downtown San Diego—from world-class dining, trendy cafés, and exciting nightlife to waterfront attractions and endless entertainment. With easy access to major freeways, the entire city is within reach. A rare chance to secure a beautiful residence in one of San Diego’s most iconic neighborhoods. Short sale opportunity and aggressively priced to sell—this is your moment to own a piece of the Gaslamp lifestyle before it’s gone.

Mortgage Calculator

Est. Monthly Payment

$4,562

Principal & Interest$3,033
Property Tax$600
Insurance$175
HOA$754
%($119,980)
%

Location

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Investment Score

46B
Est. Monthly Rent
$3,697
Monthly Cashflow

Rent − PITIA

$-865
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,216

Mortgage (P+I)
$3,033
Cap Rate
1.64%
Cash-on-Cash
-22.16%
DSCR

Need ≥ 1.25 for DSCR loan

0.81
Break-even Rent
$6,574

NOI (Annual)
$9,814
Price-to-Rent

Lower = better for investors

13.5

* 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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