525 11th Avenue
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525 11th Avenue #1306

D

San Diego, CA 92101

$499,000
NEW — 0d

Soft Appraisal Value: $492,000 · 1.4% above estimate

Beds

1

Baths

1

Sqft

754

Year Built

2004

Days on Market

0

Property Type

Condo

HOA/mo

$647

MLS ID

PTP2604107

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

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About This Property

Calling all Padres fans and urban dwellers looking for a beautfully updated/upgraded condo in downtown San Diego (zip code 92101). This one bedroom condo at Park Boulevard West is just blocks to Petco Park, The Big Bay, Rady's Shell, the trolley, and walking distance to everything the city has to offer. This 3rd floor unit almost has too many improvements to list but let's try: freshly painted, wood floors refinished, bedroom carpet replaced, honeycomb window coverings (living room motorized) plus insulated curtains, kitchen (granite counters, new: refrigerator, stove, microwave, range, oven, dishwasher, garbage disposal), new washer/dryer, bathroom (new cabinetry, new vanity, new shower doors, new exhaust vent, marble floor), new light fixtures, all plumbing angle stops replaced, smart switches for lights/bedroom fan, new fan in living room, and a Nest thermostat! Wow! *** Fireplace, in-unit laundry, parking space in underground gated garage. *** Complex amenities include a communal courtyard, spa, Amazon Hub locker, bike storage, and guest parking. Genesis Class A life science campus and Michelin Guide Callie restaurant are just across the street. VA loan approved! Come take a look!

Mortgage Calculator

Est. Monthly Payment

$3,815

Principal & Interest$2,523
Property Tax$499
Insurance$146
HOA$647
%($99,800)
%

Location

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Investment Score

27D
Est. Monthly Rent
$2,289
Monthly Cashflow

Rent − PITIA

$-1,526
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,469

Mortgage (P+I)
$2,523
Cap Rate
0.13%
Cash-on-Cash
-29.68%
DSCR

Need ≥ 1.25 for DSCR loan

0.60
Break-even Rent
$5,495

NOI (Annual)
$656
Price-to-Rent

Lower = better for investors

18.2

* 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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