450 J Street

450 J Street

D

San Diego, CA 92101

$599,900

Soft Appraisal Value: $445,700 · 34.6% above estimate

Beds

2

Baths

2

Sqft

1,016

Year Built

2004

Days on Market

18

Property Type

Condo

HOA/mo

$544.1

MLS ID

260005649SD

Description

Live effortlessly in Gaslamp City Square, where urban convenience meets style! Overlooking vibrant city streets, this east-facing exterior residence serves up energy and city views in equal measure. The living area boasts hard surface flooring, breezy indoor-outdoor flow from the Juliet balcony, and natural light galore. The open kitchen shines with stainless steel appliances, granite counters, recessed lighting, and an eat-at bar perfect for casual dining or entertaining. Retreat to a spacious primary bedroom with a large ensuite bath. Extras include in-unit stackable laundry and two tandem parking spaces. Located in the heart of the Gaslamp District, you’re just steps away from dining, nightlife, and culture, offering an unbeatable walkable lifestyle. Whether you're looking for a prime investment or a chic second home, this one checks all the boxes—with low HOA fees to boot! Nestled in the heart of the Gaslamp Quarter, between the Marina District and East Village, Gaslamp City Square offers the ultimate urban living experience with unmatched walkability. Just steps from top-tier dining, shopping, Petco Park, and vibrant entertainment, this location puts the best of Downtown San Diego at your doorstep. Residents enjoy an array of amenities, including a pool, spa, courtyard, barbecues, community room, and fitness center—all at an affordable HOA fee that’s lower than the average for the area. It’s the perfect spot for those seeking a dynamic city lifestyle without compromising on convenience or comfort!

Mortgage Calculator

Est. Monthly Payment

$4,352

Principal & Interest$3,033
Property Tax$600
Insurance$175
HOA$544
%($119,980)
%

Investment Score

6D
Est. Monthly Rent
$3,630
Monthly Cashflow

Rent − PITI − HOA

$-722
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,057

Mortgage (P+I)
$3,033
Cap Rate
1.95%
Cash-on-Cash
-20.58%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.83
Break-even Rent
$6,302

NOI (Annual)
$11,714
Price-to-Rent

Lower = better for investors

13.8

* 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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