555 Front St.

555 Front St. #1302

D

San Diego, CA 92101

$799,000

Soft Appraisal Value: $1,162,300 · 31.3% below estimate

Beds

1

Baths

2

Sqft

974

Year Built

2002

Days on Market

25

Property Type

Condo

HOA/mo

$1,810

MLS ID

260005213SD

Description

This beautiful, professionally designed one-bedroom plus Den, two-bath condo offers luxury, comfort, and stunning north-facing views of San Diego Bay and Downtown city skyline. Natural light fills the open living and dining areas, with large windows and a spacious patio to take in the scenery. The primary suite features floor-to-ceiling windows, generous closet space, built-ins, a workspace, patio access, and an ensuite bath with dual sinks and a walk-in shower. A versatile den off the living room - with direct patio access - functions as a cozy lounge by day and a guest bedroom with a queen sleeper sofa by night. Furnishings to be included in the purchase price at no additional cost to Buyer. Original cost of furnishings was approximately $30,000, with the majority sourced from Arhaus, Pottery Barn, and Crate & Barrel. All included items to be conveyed in their current condition at close of escrow. Ideally located in the heart of the Marina District, Horizons offers an unbeatable downtown lifestyle just steps from the New Children’s Museum, Martin Luther King Jr. Promenade, Seaport Village, Petco Park, the Gaslamp Quarter, San Diego Bay, and the Marina. A children’s park and dog park are located directly behind the community. Resort-style amenities include a pool, spa, BBQ area, fitness center, concierge, security, billiard room, conference and club rooms, and 16 guest parking spaces. Everyday convenience is built in with retailers just an elevator ride away, including a bank, dry cleaner, Postal Annex, coffee shop, and more. The building has been refreshed with beautifully remodeled lobbies, upgraded hallways, and new unit doors with keypad access, all within walking distance to transit, dining, shopping, and Ralphs Signature Market.

Mortgage Calculator

Est. Monthly Payment

$6,882

Principal & Interest$4,040
Property Tax$799
Insurance$233
HOA$1,810
%($159,800)
%

Investment Score

0D
Est. Monthly Rent
$2,783
Monthly Cashflow

Rent − PITI − HOA

$-4,099
Full Cashflow

Incl. vacancy, PM, maint, capex

$-5,405

Mortgage (P+I)
$4,040
Cap Rate
-2.05%
Cash-on-Cash
-40.59%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.40
Break-even Rent
$9,803

NOI (Annual)
$-16,379
Price-to-Rent

Lower = better for investors

23.9

* 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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