527 10th Ave

527 10th Ave #503

D

San Diego, CA 92101

$799,000

Soft Appraisal Value: $796,700 · 0.3% above estimate

Beds

1

Baths

2

Sqft

1,255

Year Built

2005

Days on Market

13

Property Type

Condo

HOA/mo

$604.13

MLS ID

260006195SD

Description

Rare corner unit with a wrap around patio in the highly desirable M2i building, located in East Village! Designed with an industrial flair, this unit features 11 foot ceilings and stunning floor-to-ceiling windows that flood the space with natural light all day long. With the potential to add an additional bedroom and the open layout, unit 503 offers flexibility for any buyer. Additional highlights include tandem parking, conveniently located on the 1st level, and a large storage unit. Residents of M2i enjoy access to a fully equipped remodeled gym, two lobbies, luscious courtyard, and a rooftop patio complete with a firepit, and BBQs. Don’t miss your chance to own this unique home in the heart of Downtown San Diego!

Mortgage Calculator

Est. Monthly Payment

$5,676

Principal & Interest$4,040
Property Tax$799
Insurance$233
HOA$604
%($159,800)
%

Investment Score

3D
Est. Monthly Rent
$3,729
Monthly Cashflow

Rent − PITI − HOA

$-1,947
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,471

Mortgage (P+I)
$4,040
Cap Rate
0.86%
Cash-on-Cash
-26.06%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.66
Break-even Rent
$8,237

NOI (Annual)
$6,832
Price-to-Rent

Lower = better for investors

17.9

* 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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