550 15th St

550 15th St #401

D

San Diego, CA 92101

$429,900

Beds

Baths

1

Sqft

726

Year Built

2006

Days on Market

24

Property Type

Condo

HOA/mo

$546.98

MLS ID

260005821SD

Description

Welcome to this stylish corner condo at Element in East Village! This move-in ready, light-filled residence features an open floor plan and floor-to-ceiling windows that flood the space with natural light.The modern kitchen offers granite countertops & ample cabinetry, opening seamlessly to the living and dining areas—perfect for everyday living and entertaining. Recent upgrades include fresh interior paint, updated kitchen and bathroom cabinets with new hardware, new light fixtures, a new bathroom medicine cabinet, and luxury carpet. Additional features include in-unit stackable laundry and assigned underground gated parking. Residents enjoy a secure, pet-friendly building with great amenities including a fitness center and a beautifully designed community courtyard with BBQs and a fire pit. Ideally located just steps from **Petco Park**, coffee shops, dining, nightlife, and trolley access, this home offers the best of vibrant downtown living in **East Village San Diego. FHA & VA approved complex. Short-term rentals permitted.

Mortgage Calculator

Est. Monthly Payment

$3,276

Principal & Interest$2,174
Property Tax$430
Insurance$125
HOA$547
%($85,980)
%

Investment Score

0D
Est. Monthly Rent
$1,664
Monthly Cashflow

Rent − PITIA

$-1,612
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,353

Mortgage (P+I)
$2,174
Cap Rate
-0.50%
Cash-on-Cash
-32.84%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.51
Break-even Rent
$4,719

NOI (Annual)
$-2,146
Price-to-Rent

Lower = better for investors

21.5

* 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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