645 Front St #2002
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645 Front St #2002

Dbottom 20%

San Diego, CA 92101

$3,699,000
STR: check · no permits in this complex · TOT 13.75%

121 licensed short-term rentals within ½ mile (90 whole home), from the cities' license and permit lists of Nov 14, 2026.

No unit in this 6-unit complex holds a short-term rental license, so nothing shows its HOA allows them. Get the CC&Rs before counting on short-term income.

Pass at asking: -$23,403/mo full cashflow at 20% down, 7.36% rate.

Works at $636,584 (83% under asking); even all cash loses money at asking.

Rent $8,976/mo from 1 lease in this building.

Beds

3

Baths

3.5

Sqft

3,783

Year Built

2003

Days on Market

135

Property Type

Condo

HOA/mo

$2,046.27

MLS ID

260015908SD

This property is in San Diego (92101). View neighborhood stats →

Virtual Tour

About This Property

Renaissance in the Marina District has just unveiled their new "Street Level" Lobby and stunning Community Lounge. Upon entering this 20th floor home, you are welcomed by cathedral ceilings that enhance the light-filled, open layout. The first level showcases gorgeous maple hardwood floors flow throughout the living area, complemented by telescopic windows that fully open, inviting the soothing ocean breeze inside. The family room, featuring eastern views, opens to the kitchen equipped with an island, an under counter wine cooler, ample storage, and a walk-in pantry. Enjoy three walk-out balconies on this level: two offering eastern views and one facing west for stunning sunsets. Two fireplaces enhance the ambiance: one in the living area on the first level and another in the primary bedroom suite. Convenient for your friends and family, a large guest suite provides unobstructed panoramic water and city views, complete with custom shutters for adjustable light control and includes a walk-in closet and an ensuite bathroom with a multi-jet shower. Plus a powder room convenient for your guests. Second Level: Bedroom two features a spacious layout, a gigantic walk-in closet, and a walk-in shower. The expansive primary suite spans boasts nearly 900 square feet and includes crown molding throughout. The fireplace creates a cozy atmosphere, complemented by a comfortable sitting area by the bay facing window. Enjoy a luxurious Jacuzzi tub, dual sinks, and a multi-shower fixture in the primary ensuite catering to your every need. Watch virtual tour and see supplements. Adjacent to the primary suite is a large office with stunning north and west views through walls of glass, showcasing sparkling water and city lights, along with enhanced privacy. A spacious and private balcony directly off the primary suite offers uninterrupted water views, perfect for romantic evenings or enjoying a good book while watching boats, yachts, and the cityscape extending to the mountains. Two side-by-side parking spaces and two storage areas—one large cage and a temperature-controlled storage room for valuable items like artwork. Renaissance boasts a brand new “street level” lobby and new resort style amenities including a large landscaped courtyard w/ BBQ aren, 3 fire pits w/ a dining area, pool/spa, gym, community lounge w/ full kitchen, conference room, surveillance throughout the community & 24/7 desk attendants. Ground floor retail conveniently includes Postal Annex for easy Amazon returns, Discount Nutrition & Vitality Juice, Rolling Out Bakery, Vases Salon, iTan and Wells Fargo. Located across from Ralph’s 24 hr. grocery w/ cafes on every corner, steps to the waterfront and Little Italy & just minutes to airport & public transportation and a ferry ride to Coronado. Welcome to paradise!

Mortgage Calculator

Est. Monthly Payment

$27,232

Principal & Interest$20,408
Property Tax$3,699
Insurance$1,079
HOA$2,046
%($739,800)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Washington Elementary · grades PK-5 · San Diego Unified

  • Middle

    Roosevelt International Middle · grades 6-8 · San Diego Unified

  • High

    San Diego High · grades 9-12 · San Diego Unified

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Investment Score

0D
Est. Monthly Rent
$8,976

1 lease in this building

Thin data: only 1 lease behind this number.

Monthly Cashflow

Rent − PITIA

-$18,256
Full Cashflow

Incl. vacancy, PM, maint, capex

-$23,403

What would make this work?

$23,403/mo short at 20% down; +$30,394/mo rent closes it.

Break-even price

83% under asking

$636,584
Break-even rent

$30,394/mo above the estimate

$39,370/mo
Cashflow at 35% down
−$19,577/mo
Down payment to break even

Negative even all-cash

Not reachable
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$20,408
Cap Rate
-0.83%
Cash-on-Cash
-37.96%
DSCR

Need ≥ 1.25 for DSCR loan

0.33

NOI (Annual)
-$30,557
Price-to-Rent

Lower = better for investors

34.3

* Modelled at 20% down, 7.36% 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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DCashflow−$23,403/mo