500 Harbor Drive

500 Harbor Drive

D

San Diego, CA 92101

$1,150,000
NEW — 0d on market

Beds

1

Baths

1.5

Sqft

1,111

Year Built

1994

Days on Market

0

Property Type

Condo

HOA/mo

$1,240.09

MLS ID

260006086SD

View on MLS

Description

Welcome to this rare townhouse-style residence in the heart of downtown San Diego’s highly desirable Marina District. Experience the absolute gold standard of downtown living in this meticulously re-imagine CityFront Terrace masterpiece, where no detail was spared in a sophisticated top-to-bottom remodel that radiates cosmopolitan elegance. Continued in Supplement below.... The interior is completely remodeled and truly turn-key, featuring all-new appliances, refined modern finishes, and a clean, contemporary aesthetic throughout. One of the home’s most compelling features is the huge private terrace, ideal for entertaining or quiet relaxation, offering serene palm tree and grass park views—a rare and coveted outlook in downtown. This prime, ultra-walkable location places you just steps from shops, acclaimed restaurants, Seaport Village, the Rady Shell Amphitheater, the bayfront’s scenic walking paths, and everyday conveniences, including multiple grocery options and the soon-to-open Whole Foods. Located within CityFront Terrace, residents enjoy some of the finest amenities in downtown San Diego, including two resort-style pools, spa, sauna, expansive fitness center with aerobics studio, outdoor grilling and dining areas, an entertainment room, a 24-hour staffed lobby, freight elevator, optional valet parking and onsite guest parking. Adding exceptional long-term value, CityFront Terrace is recognized for having the strongest HOA financial position in downtown, with low HOA fees for a luxury high-rise and extremely robust reserves. This is a rare opportunity to own a townhouse residence in one of San Diego’s most prestigious, well-managed communities—delivering an unmatched blend of location, lifestyle, and confidence of ownership.

Mortgage Calculator

Est. Monthly Payment

$8,541

Principal & Interest$5,815
Property Tax$1,150
Insurance$335
HOA$1,240
%($230,000)
%

Investment Score

0D
Est. Monthly Rent
$2,817
Monthly Cashflow

Rent − PITI − HOA

$-5,723
Full Cashflow

Incl. vacancy, PM, maint, capex

$-7,329

Mortgage (P+I)
$5,815
Cap Rate
-1.58%
Cash-on-Cash
-29.86%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.33
Break-even Rent
$8,540

NOI (Annual)
$-18,172
Price-to-Rent

Lower = better for investors

34.0

* 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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