530 K Street
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530 K Street #311

D

San Diego, CA 92101

$539,000
NEW — 1d

Beds

1

Baths

1

Sqft

803

Year Built

2005

Days on Market

1

Property Type

Condo

HOA/mo

$747

MLS ID

260011579SD

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

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About This Property

Located inside the iconic Trellis building in the heart of San Diego's Gaslamp Quarter, this turnkey end-unit residence is a rare find: a spacious 1-bedroom plus oversized den layout that lives much larger than expected. Pride of ownership is evident at every turn, crowned by one of the largest private balconies in the neighborhood. All of it, just steps from Petco Park and the city's best restaurants and nightlife. Inside, 9-foot ceilings and large windows flood the open-concept layout with natural light. The kitchen impresses with granite countertops, maple cabinetry, and stainless appliances, while fresh paint and brand-new vinyl plank flooring lend a crisp, contemporary feel throughout. A secured parking space rounds out a seamless, move-in or investment-ready opportunity with nothing left to do but settle in. Perfectly positioned near everything the city has to offer, this residence is an ideal primary home, vacation retreat, or savvy investment in one of San Diego's most walkable and sought-after neighborhoods. Trellis is located on the northeast corner of 5th Avenue and K Street in Downtown’s dynamic Gaslamp Quarter. Amenities include a common entertainment courtyard, barbecues, and a well-equipped fitness center. Residents will enjoy two high-speed elevators and a myriad of retailers on the ground floor only steps away. Perfect for part-time dwellers, you will love the easy lock-and-leave lifestyle this amazing complex offers. Located in the heart of the Gaslamp Quarter, easy walkability is yours! Enjoy restaurants, bars, entertainment, Petco Park, the Embarcadero, and all the best Downtown has to offer. Every convenience is at your feet. Welcome home!

Mortgage Calculator

Est. Monthly Payment

$4,169

Principal & Interest$2,725
Property Tax$539
Insurance$157
HOA$747
%($107,800)
%

Location

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Investment Score

23D
Est. Monthly Rent
$2,479
Monthly Cashflow

Rent − PITIA

$-1,689
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,709

Mortgage (P+I)
$2,725
Cap Rate
0.04%
Cash-on-Cash
-30.15%
DSCR

Need ≥ 1.25 for DSCR loan

0.59
Break-even Rent
$5,997

NOI (Annual)
$200
Price-to-Rent

Lower = better for investors

18.1

* 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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