550 15th St.

550 15th St. #302

A

San Diego, CA 92101

$429,000

Beds

1

Baths

1

Sqft

691

Year Built

2006

Days on Market

36

Property Type

Condo

HOA/mo

$538.04

MLS ID

260004753SD

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

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About This Property

Enjoy downtown living in this spacious East Village condo with a private balcony and a bright, open layout. The home features tile flooring in the kitchen, marble tile in the bathroom, granite countertops, and refreshed cabinetry in both the kitchen and bath. A generously sized kitchen offers space for a dining table, while the living room and bedroom provide comfortable, well proportioned living areas. The building offers assigned underground gated parking, a fully equipped fitness center, and a welcoming courtyard with BBQ and seating. Conveniently located across the street from Albertsons and within walking distance to restaurants, cafes, breweries, and entertainment. Low HOA and a prime East Village location make this a great opportunity for downtown living.

Mortgage Calculator

Est. Monthly Payment

$3,261

Principal & Interest$2,169
Property Tax$429
Insurance$125
HOA$538
%($85,800)
%

Location

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Investment Score

57B
Est. Monthly Rent
$2,789
Monthly Cashflow

Rent − PITIA

$-472
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,471

Mortgage (P+I)
$2,169
Cap Rate
1.95%
Cash-on-Cash
-20.58%
DSCR

Need ≥ 1.25 for DSCR loan

0.86
Break-even Rent
$4,700

NOI (Annual)
$8,376
Price-to-Rent

Lower = better for investors

12.8

* 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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