530 K Street
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530 K Street #919

C

San Diego, CA 92101

$559,000
NEW — 2d

Soft Appraisal Value: $542,300 · 3.1% above estimate

Beds

1

Baths

1

Sqft

648

Year Built

2005

Days on Market

2

Property Type

Condo

HOA/mo

$672

MLS ID

SW26139187

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

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About This Property

Experience urban living at it's finest! Trellis is located in the heart of the Gaslamp Quarter. Home will be sold fully furnished! This light and bright 1 bed / 1 bath is turnkey and features crown molding, hardwood floors SS kitchen appliances and granite countertops. Private west facing balcony to take in the sunsets and views that stretch from Coronado to the south to a peekaboo San Diego Bay view to the west. Balcony faces inwards towards the courtyard and away from the street, significantly reducing noise exposure. Open floor plan with high ceilings and ample cabinetry & storage. The bedroom features dual closets with one walk-in closet, king-sized bed, ceiling fan and blackout shades and connects to a spacious bathroom. Stacked washer/dryer in laundry closet in the bathroom. With access to amenities including a fitness center, BBQ area and rooftop terrace, convenience and comfort are yours. Embrace the vibrant Gaslamp Quarter lifestyle with shops, restaurants, and entertainment at your doorstep. Trellis is situated at the intersection of Fifth Avenue & K Street in the heart of Downtown San Diego's vibrant Gaslamp Quarter. Among its array of amenities, the community has an outdoor courtyard, perfect for entertainment, with lounge areas & BBQ grills. The fitness center is accessible for those focused on health and wellness. High-speed elevators ensure that residents can move throughout the building with ease & efficiency. One block to Petco Park, 2 blocks to the Convention Center, easy access to the harbor, Rady Shell, Seaport Village, Waterfront Park and a diverse array of shops, restaurants, cultural and historic landmarks, as well as the means to go well beyond by accessing the trolley and train station.

Mortgage Calculator

Est. Monthly Payment

$4,221

Principal & Interest$2,827
Property Tax$559
Insurance$163
HOA$672
%($111,800)
%

Location

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Investment Score

25D
Est. Monthly Rent
$2,549
Monthly Cashflow

Rent − PITIA

$-1,672
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,724

Mortgage (P+I)
$2,827
Cap Rate
0.22%
Cash-on-Cash
-29.23%
DSCR

Need ≥ 1.25 for DSCR loan

0.60
Break-even Rent
$6,086

NOI (Annual)
$1,235
Price-to-Rent

Lower = better for investors

18.3

* 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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