
450 J Street #7061
Ctop 80%San Diego, CA 92101
203 licensed short-term rentals within ½ mile (132 whole home), from the cities' license and permit lists of Nov 7, 2026.
No unit in this 69-unit complex holds a short-term rental license, so nothing shows its HOA allows them. Get the CC&Rs before counting on short-term income.
Pass at asking: -$3,656/mo full cashflow at 20% down, 7.43% rate.
Works at $192,997 (71% under asking), or at 99% down.
Rent $2,913/mo from 3 leases in this building ($2,911–$3,655).
Beds
2
Baths
1
Sqft
958
Year Built
2004
Days on Market
94
Property Type
Condo
HOA/mo
$761
MLS ID
PTP2605983
This property is in San Diego (92101). View neighborhood stats →
About This Property
In the Heart of the Gaslamp Quarter — Top-Floor Turnkey Condo! This beautifully appointed 2-bedroom, 1-bathroom condo is completely turnkey, sold optional furnished with barely-used furnishings (most under a year old) so you can simply unpack and start living. Step inside to an open, light-filled living area anchored by an oversized arched window with motorized dual-sheer shades, wood-look plank flooring, and a partial downtown skyline view. The kitchen features granite countertops, espresso shaker cabinetry, a mosaic tile backsplash, and a full stainless steel appliance suite with a gas range and side-by-side refrigerator with water/ice dispenser. The primary suite offers plush carpet, a mirrored closet, and a stylish sleigh bed set, while the second bedroom flexes easily as a home office or guest room. The fully renovated bathroom features a walk-in frameless glass shower, pebble-stone flooring, and a matching granite vanity. A full-size in-unit washer and dryer adds everyday convenience. Building amenities include a pool, spa, fitness center, and secure parking with 2 parking spots included; a rare find in the Gaslamp. HOA covers water, trash, gym, pool, and spa. Steps from San Diego's best dining, shopping, and nightlife, this is downtown living at its finest — turnkey, polished, and ready for its next chapter. Whether as a primary residence or a smart investment, this one checks every box.
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Est. Monthly Payment
$5,342
Location
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Zoned Schools
Elementary
Washington Elementary · grades PK-5 · San Diego Unified
Middle
Roosevelt International Middle · grades 6-8 · San Diego Unified
High
San Diego High · grades 9-12 · 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
$2,913
Comp Average
$3,447
575 6th Ave
2bd / 1.5ba · 960 sqft · Condo
$670K
Est. $4,281/mo
427 9th Ave.
2bd / 2ba · 963 sqft · Condo
$600K
Est. $3,567/mo
1601 India Street
2bd / 2ba · 935 sqft · Condo
$650K
Est. $3,279/mo
1150 J Street
2bd / 1ba · 966 sqft · Condo
$589K
Est. $2,866/mo
425 Beech
2bd / 2ba · 938 sqft · Condo
$625K
Est. $3,244/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
3 leases in this building · $2,911–$3,655
Thin data: only 3 leases behind this number.
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$3,656/mo short at 20% down; 99% down or +$4,748/mo rent closes it.
- Break-even price
- $192,997
- Break-even rent
- $7,661/mo
- Cashflow at 35% down
- −$2,959/mo
- Down payment to break even
- 99%
- Rate to break even
- Not reachable
71% under asking
$4,748/mo above the estimate
$662,310 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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