645 Front
Ctop 80%San Diego, CA 92101
Pass at asking: -$5,542/mo full cashflow at 20% down, 7.49% rate.
Works at $381,558 (65% under asking), or at 93% down.
Rent $5,788/mo from 6 leases in this building ($4,949–$5,823).
Beds
2
Baths
2.5
Sqft
1,713
Year Built
2003
Days on Market
0
Property Type
Condo
HOA/mo
$1,514
MLS ID
260026241SD
This property is in San Diego (92101). View neighborhood stats →
About This Property
Step inside this spacious corner home and you're immediately struck by how light and airy it feels, with extensive views stretching across downtown and glimpses of the bay beyond. As you enter, the hallway creates a welcoming sense of arrival, so guests aren't stepping directly into the living space. Warm polished cherry wood floors run through the hallway and main living area, adding a rich feel, while the bedrooms are comfortably carpeted. The east-facing orientation is one of the home's real pleasures. You'll enjoy the morning sunshine while avoiding the stronger heat of the afternoon. The generously sized kitchen offers plenty of room to cook and gather around the large island. It's exceptionally well equipped with a hidden pantry, drawer organizers, a new oven, a convection microwave, and Sub-Zero refrigerator/freezer. Both bedrooms offer the privacy of en-suite bathrooms. A half bathroom conveniently sits just off the hallway. Step outside onto the balcony and you'll find a wonderfully private space with vibrant city views, along with the Coronado bridge and Petco Park. Part of the balcony is glassed in so you can enjoy it all year round. You'll have two side-by-side parking spaces, both equipped with EV charging, plus a large storage cage. It's a home that combines light, views, privacy, generous proportions, and practical convenience with the layout and details you appreciate as you walk through. Renaissance offers resort style amenities along with in-house maintenance and in-house mgmt located in the quiet Marina District with the Rady Shell just a few blocks away.
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Est. Monthly Payment
$9,082
Location
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Comparable Properties
5 comps foundThis Property
$5,788
Comp Average
$5,476
877 Island Ave
2bd / 2ba · 1,620 sqft · Condo
$850K
Est. $5,027/mo
310 G St
2bd / 2.5ba · 1,847 sqft · Condo
$995K
Est. $5,307/mo
540 9th Avenue
2bd / 2ba · 1,588 sqft · Condo
$1.10M
Est. $5,295/mo
1262 Kettner Blvd
2bd / 2ba · 1,772 sqft · Condo
$1.34M
Est. $5,649/mo
1205 Pacific Hwy
2bd / 2ba · 1,675 sqft · Condo
$1.60M
Est. $6,101/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
6 leases in this building · $4,949–$5,823
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$5,542/mo short at 20% down; 93% down or +$7,197/mo rent closes it.
- Break-even price
- $381,558
- Break-even rent
- $12,985/mo
- Cashflow at 35% down
- −$4,389/mo
- Down payment to break even
- 93%
- Rate to break even
- Not reachable
65% under asking
$7,197/mo above the estimate
$1,023,000 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.49% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.
Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.
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