550 15th St. San Diego

550 15th St. San Diego

D

, CA 92101

$435,000
NEW — 1d on market

Beds

1

Baths

1

Sqft

691

Year Built

2006

Days on Market

1

Property Type

Condo

HOA/mo

$538.04

MLS ID

260004753SD

View on MLS

Description

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

$3,300

Principal & Interest$2,200
Property Tax$435
Insurance$127
HOA$538
%($87,000)
%

Investment Score

4D
Est. Monthly Rent

Estimated Rent

$2,177
Monthly Cashflow

Rent − PITI − HOA

$-1,123
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,986

Mortgage (P+I)
$2,200
Cap Rate
0.59%
Cash-on-Cash
-15.48%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.99
Break-even Rent
$3,300

NOI (Annual)
$2,565
Price-to-Rent

Lower = better for investors

16.7

* Defaults: 20% down, 6.5% rate, 30yr.

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