525 11th Avenue

525 11th Avenue #1105

D

San Diego, CA 92101

$679,000
NEW — 2d on market

Beds

2

Baths

2

Sqft

910

Year Built

2004

Days on Market

2

Property Type

Condo

HOA/mo

$650

MLS ID

PTP2602488

Description

Modern city living with standout design and exceptional outdoor space. Located in East Village at Park Blvd West, just a few blocks from Petco Park, this gated community offers the perfect balance of location, style, and privacy. This unit is ideally positioned in the back of the interior courtyard, not on the street. Tucked away within a fully gated courtyard, it offers a quiet and private setting rarely found in downtown living. Inside, the home has been thoughtfully upgraded with a level of design rarely seen in the area. The custom chef’s kitchen by Borrelli Design is truly one of a kind, featuring a bold and refined aesthetic that stands apart from typical downtown finishes. From the custom cabinetry to the unique color palette and detailing, this kitchen is a statement piece and unlike anything else you will find in East Village. The open layout flows seamlessly to an approximately 500 sq ft private patio, creating an ideal indoor outdoor living experience. Additional features include two bedrooms and two bathrooms, a spacious primary suite with a large walk in closet, and tandem parking space for two cars. The building is fully gated and secure and includes a community hot tub. Offered for sale or for lease at $3,800 per month.

Mortgage Calculator

Est. Monthly Payment

$4,960

Principal & Interest$3,433
Property Tax$679
Insurance$198
HOA$650
%($135,800)
%

Investment Score

3D
Est. Monthly Rent
$3,479
Monthly Cashflow

Rent − PITIA

$-1,481
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,847

Mortgage (P+I)
$3,433
Cap Rate
1.04%
Cash-on-Cash
-25.16%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.70
Break-even Rent
$7,177

NOI (Annual)
$7,032
Price-to-Rent

Lower = better for investors

16.3

* 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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