530 K Street

530 K Street #311

B

San Diego, CA 92101

$519,000

Soft Appraisal Value: $548,400 · 5.4% below estimate

Beds

1

Baths

1

Sqft

803

Year Built

2005

Days on Market

35

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

Unbeatable location meets peaceful retreat in this west-facing residence at Trellis. Ideally positioned in the heart of the vibrant Gaslamp Quarter just two blocks from Petco Park, this pristine, move-in ready home offers the perfect blend of downtown excitement and everyday comfort. Featuring brand-new “Bentwood Tan” luxury vinyl plank flooring, the residence showcases one of the building’s most desirable floor plans, complete with a versatile bonus room ideal for a home office, guest space, or creative retreat; with potential for a Murphy bed addition to maximize flexibility. Quietly tucked away overlooking the beautifully landscaped interior courtyard, the private balcony provides a rare sense of calm in the middle of the city. Inside, 9-foot ceilings and expansive windows fill the open-concept layout with natural light. Fresh Swiss Coffee paint throughout lends a warm, modern feel that perfectly complements the home’s clean, contemporary design. The kitchen is both stylish and functional, featuring granite countertops, stainless appliances, and exceptional cabinet storage. Complete with a secured parking space conveniently located near the elevator, this turnkey residence is perfectly suited as a primary home, second home, or investment opportunity with nothing left to do but move in and enjoy. 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 four elevators along with shops and dining opportunities on the ground floor only steps away. Perfect for homeowners or investors, you will love the easy lock-and-leave lifestyle this amazing development 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

$4,042

Principal & Interest$2,624
Property Tax$519
Insurance$151
HOA$747
%($103,800)
%

Location

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Investment Score

35C
Est. Monthly Rent
$2,850
Monthly Cashflow

Rent − PITIA

$-1,191
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,279

Mortgage (P+I)
$2,624
Cap Rate
0.80%
Cash-on-Cash
-26.35%
DSCR

Need ≥ 1.25 for DSCR loan

0.71
Break-even Rent
$5,810

NOI (Annual)
$4,140
Price-to-Rent

Lower = better for investors

15.2

* 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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