510 1st Ave San Diego

510 1st Ave San Diego

D

, CA 92101

$2,500,000

Beds

2

Baths

2

Sqft

1,441

Year Built

2002

Days on Market

26

Property Type

Condo

HOA/mo

$1,850

MLS ID

260002910SD

View on MLS

Description

Welcome to Downtown San Diego’s Marina District, an upscale neighborhood ideally located between Seaport Village and the Gaslamp Quarter. This beautifully Horizons residence offers elevated city living with stunning west and south-facing water and skyline views, abundant natural light, and a peaceful sense of privacy above the energy of downtown. The spacious 2-bedroom, 2-bath is designed for both comfort and style. The open-concept living, dining, and kitchen areas flow seamlessly, creating a functional yet inviting environment. The primary suite enjoys westerly views, spacious bath and a walk-in closet. A versatile den, generous patio, and comfortable guest bedroom add flexibility and privacy. Two deeded parking spaces and over 10 guest parking spaces in the building for guests. Horizons offers resort-style amenities, curated resident activities, 24-hour security and concierge services — delivering a full-service luxury lifestyle in one of downtown’s most established communities.

Mortgage Calculator

Est. Monthly Payment

$17,721

Principal & Interest$12,641
Property Tax$2,500
Insurance$729
HOA$1,850
%($500,000)
%

Investment Score

0D
Est. Monthly Rent

Market Rent Estimate

$3,253
Monthly Cashflow

Rent − PITI − HOA

$-14,467
Full Cashflow

Incl. vacancy, PM, maint, capex

$-17,299

Mortgage (P+I)
$12,641
Cap Rate
-2.24%
Cash-on-Cash
-34.72%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.26
Break-even Rent
$17,720

NOI (Annual)
$-55,890
Price-to-Rent

Lower = better for investors

64.0

* Defaults: 20% down, 6.5% rate, 30yr.

Get Expert AnalysisOpen Full Calculator