510 1st Ave

510 1st Ave #1401

C

San Diego, CA 92101

$592,650

Soft Appraisal Value: $638,700 · 7.2% below estimate

Beds

1

Baths

2

Sqft

1,036

Year Built

2001

Days on Market

34

Property Type

Condo

HOA/mo

$1,809.41

MLS ID

OC26103571

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

About This Property

MOST AFFORDABLE UNIT @ HORIZONS | There is a soft gravity to the Marina District—a place where the Pacific’s salt kissed breath meets the polished steel of San Diego’s skyline. At the center stands Horizons, the twin-towered Bosa masterwork that taught the city how to live with intention. Known for its secure access, luxury amenities, and resort-style common areas.The “A” floor plan is a curation of light. This residence rejects the cramped clichés of urban living. Bosa’s signature floor-to-ceiling windows allow the sun to perform a daily ritual, tracing the grain of hardwood and casting a honeyed glow over granite surfaces. The den serves as a cognitive retreat—a library or innovation center that offers the luxury of choice. When the marine layer rolls in, the gas fireplace provides a visceral warmth and the private balcony serves as an observatory over the city’s pulse. Steps away, the neighborhood is vibrant and maturing. Centered among Art, Culture, Culinary, Music, Parks, the best the city has to offer, and all easily accessible. The upcoming $3.8 billion Seaport San Diego redevelopment is poised to transform the waterfront into a global icon, a shift amplified by "The RaDD Effect." As IQHQ’s massive Research and Development District reshapes the skyline, it brings a new era of prestige and intellectual energy to your doorstep. Amidst this evolution, Horizons remains a sanctuary. The gentle waterfalls are reaffirming and soothing. Proving that here, you arrive.

Mortgage Calculator

Est. Monthly Payment

$5,572

Principal & Interest$2,997
Property Tax$593
Insurance$173
HOA$1,809
%($118,530)
%

Location

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Investment Score

18D
Est. Monthly Rent
$3,778
Monthly Cashflow

Rent − PITIA

$-1,794
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,157

Mortgage (P+I)
$2,997
Cap Rate
-0.32%
Cash-on-Cash
-31.96%
DSCR

Need ≥ 1.25 for DSCR loan

0.68
Break-even Rent
$7,878

NOI (Annual)
$-1,918
Price-to-Rent

Lower = better for investors

13.1

* 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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