527 10th

527 10th

Ctop 80%

San Diego, CA 92101

$949,000
NEW — 0d
STR: check · no permits in this complex · TOT 13.75%

218 licensed short-term rentals within ½ mile (146 whole home), from the cities' license and permit lists of Nov 13, 2026.

No unit in this 72-unit complex holds a short-term rental license, so nothing shows its HOA allows them. Get the CC&Rs before counting on short-term income.

Pass at asking: -$5,131/mo full cashflow at 20% down, 7.36% rate.

Works at $277,677 (71% under asking), or at 99% down.

Rent $3,604/mo from 2 leases in this building (±1 bed) ($3,482–$3,727).

Beds

2

Baths

2

Sqft

1,383

Year Built

2005

Days on Market

0

Property Type

Condo

HOA/mo

$653

MLS ID

260026973SD

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

About This Property

Discover penthouse-level loft living at M2i in the heart of San Diego's East Village! Dramatic 15-foot ceilings, top-floor skylights, and sweeping north-facing skyline views fill this loft home with natural light. The versatile loft floor plan offers one enclosed bedroom and generous, open living areas, with the flexibility to create an additional bedroom, an elevated loft space, or a personalized live/work space. A spacious primary suite, walk-in closet, two side-by-side parking spaces, and moderate HOA fees make city living effortless and convenient. Celebrated for its modern architecture and authentic urban character, M2i offers a rooftop BBQ lounge and fitness center. Set above the energy of East Village, this top-floor M2i loft pairs striking architectural volume with an airy, light-filled interior. Recent improvements include a new A/C system, luxury vinyl plank flooring, updated tile in both showers, a fresh kitchen backsplash, automated primary bedroom shades, and two oversized ceiling fans serving the living room and bedroom. The residence also features upgraded 7-foot solid hardwood doors, custom Lightworks lighting in the kitchen and living room, Closet Factory organizers in three closets, and lifetime angle stops on hot and cold water lines. Stainless steel kitchen appliances and granite countertops in the kitchen and bathrooms bring a polished finish to the kitchen and baths. With its thoughtful updates, flexible living spaces, and distinctive loft design, this penthouse-level home is move-in ready in vibrant East Village today.

Mortgage Calculator

Est. Monthly Payment

$7,115

Principal & Interest$5,236
Property Tax$949
Insurance$277
HOA$653
%($189,800)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Sherman Elementary · grades PK-5 · San Diego Unified

  • Middle

    Logan Memorial Educational Campus · grades PK-12 · San Diego Unified

  • High

    Logan Memorial Educational Campus · grades PK-12 · San Diego Unified

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Investment Score

4C
Est. Monthly Rent
$3,604

2 leases in this building (±1 bed) · $3,482–$3,727

Thin data: only 2 leases behind this number.

Monthly Cashflow

Rent − PITIA

-$3,511
Full Cashflow

Incl. vacancy, PM, maint, capex

-$5,131

What would make this work?

$5,131/mo short at 20% down; 99% down or +$6,663/mo rent closes it.

Break-even price

71% under asking

$277,677
Break-even rent

$6,663/mo above the estimate

$10,267/mo
Cashflow at 35% down
−$4,149/mo
Down payment to break even

$939,510 cash

99%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$5,236
Cap Rate
0.36%
Cash-on-Cash
-32.44%
DSCR

Need ≥ 1.25 for DSCR loan

0.51

NOI (Annual)
$3,425
Price-to-Rent

Lower = better for investors

21.9

* Modelled at 20% down, 7.36% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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CCashflow−$5,131/mo