510 1st Avenue
1 / 20

510 1st Avenue #602

D

San Diego, CA 92101

$845,000

Soft Appraisal Value: $831,500 · 1.6% above estimate

Beds

2

Baths

2

Sqft

1,209

Year Built

2002

Days on Market

8

Property Type

Condo

HOA/mo

$1,832

MLS ID

260011526SD

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

About This Property

Discover this bright, corner two-bedroom residence in Horizons with sweeping downtown city views. Beautifully updated, the open-concept great room is wrapped in floor-to-ceiling windows and features newer flooring, quartz countertops, stainless-steel Bosch appliances, wine fridge, and sleek electric shades. The primary suite includes a walk-in closet and a spa-like bath with an oversized soaking tub, separate walk-in shower, and dual vanity. The second bedroom is currently an office, but can easily accommodates a queen bed. Step out to the private balcony to enjoy a glass of wine while overlooking the city, children’s park and seasonal fireworks. Unit includes TWO parking spaces and a dedicated storage unit. Ideally located in the heart of the Marina District, Horizons is a lush urban oasis with resort-style amenities that include a pool, fitness center, recreation and conference rooms, BBQ area, lounge, 24-hour security/concierge, and 15 guest parking spaces. Enjoy easy walking access to cafés, restaurants, parks, Seaport Village, transit, scenic waterfront paths and so much more! This is an exceptional opportunity to own a turnkey retreat in one of Downtown's most desirable neighborhoods and buildings. Discover this bright, corner two-bedroom residence in Horizons with sweeping downtown city views. Beautifully updated, the open-concept great room is wrapped in floor-to-ceiling windows and features newer flooring, quartz countertops, stainless-steel Bosch appliances, wine fridge, and sleek electric shades. The primary suite includes a walk-in closet and a spa-like bath with an oversized soaking tub, separate walk-in shower, and dual vanity. The second bedroom is currently an office, but can easily accommodates a queen bed. Step out to the private balcony to enjoy a glass of wine while overlooking the city, children’s park and seasonal fireworks. Unit includes TWO parking spaces and a dedicated storage unit. Ideally located in the heart of the Marina District, Horizons is a lush urban oasis with resort-style amenities that include a pool, fitness center, recreation and conference rooms, BBQ area, lounge, 24-hour security/concierge, and 15 guest parking spaces. Enjoy easy walking access to cafés, restaurants, parks, Seaport Village, transit, scenic waterfront paths and so much more! This is an exceptional opportunity to own a turnkey retreat in one of Downtown's most desirable neighborhoods and buildings.

Mortgage Calculator

Est. Monthly Payment

$7,196

Principal & Interest$4,273
Property Tax$845
Insurance$246
HOA$1,832
%($169,000)
%

Location

Loading map...

Investment Score

6D
Est. Monthly Rent
$4,483
Monthly Cashflow

Rent − PITIA

$-2,713
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,448

Mortgage (P+I)
$4,273
Cap Rate
-0.25%
Cash-on-Cash
-31.58%
DSCR

Need ≥ 1.25 for DSCR loan

0.62
Break-even Rent
$10,260

NOI (Annual)
$-2,103
Price-to-Rent

Lower = better for investors

15.7

* 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.

Get Expert AnalysisOpen Full Calculator