620 State St San Diego

620 State St San Diego

D

, CA 92101

$549,000

Beds

1

Baths

1

Sqft

735

Year Built

1989

Days on Market

30

Property Type

Condo

HOA/mo

$710

MLS ID

260002451SD

View on MLS

Description

Garden view condo in the Heart of Marina District, Downtown San Diego. Welcome to your own slice of urban paradise! This impeccably designed one-bedroom, one-bathroom condo offers a harmonious blend of modern elegance and city convenience, offering 735 square feet of thoughtfully crafted living space. Nestled in the prestigious Marina District of downtown San Diego, this condo offers a lifestyle that combines luxury, comfort, and unparalleled access to the vibrant energy of the city. This updated condo features custom paint, built ins, porcelain tile floors throughout, plantation shutters, granite surfaces, stainless-steel appliances, and a large primary suite with an organized, walk-in closet and spacious bathroom. One car underground garage spot included.

Mortgage Calculator

Est. Monthly Payment

$4,195

Principal & Interest$2,776
Property Tax$549
Insurance$160
HOA$710
%($109,800)
%

Investment Score

5D
Est. Monthly Rent

Market Rent Estimate

$2,839
Monthly Cashflow

Rent − PITI − HOA

$-1,356
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,467

Mortgage (P+I)
$2,776
Cap Rate
0.68%
Cash-on-Cash
-14.82%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

1.02
Break-even Rent
$4,195

NOI (Annual)
$3,714
Price-to-Rent

Lower = better for investors

16.1

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

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