655 India Street

655 India Street

D

San Diego, CA 92101

$675,000

Beds

1

Baths

1.5

Sqft

1,044

Year Built

1992

Days on Market

13

Property Type

Condo

HOA/mo

$1,104

MLS ID

PTP2601297

Description

Rarely on the market! Discover refined urban living at the Watermark, a premier boutique residence situated in the most serene pocket of the prestigious Marina District. This rare 1-bedroom, 1.5-bath floor plan lives exceptionally large, distinguished by soaring 10-foot ceilings and an expansive open-concept design. The chef-inspired kitchen, anchored by a massive center island, flows seamlessly into the living area—perfect for entertaining. Retreat to your private balcony to enjoy tranquil views of the lush central courtyard and historic Pantoja Park which is located right in front of Watermark. With a sprawling primary suite, walk-in closet, and a dedicated guest powder room, this home offers an elevated standard of comfort. Perfectly positioned just steps from the San Diego Bay, the Embarcadero, and the city’s finest dining like Mastro’s Ocean Club and Animae, this is where lifestyle meets value. The Marina District stands as Downtown San Diego’s most established and prestigious residential enclave, offering a refined blend of coastal tranquility and urban sophistication. Residents enjoy a peaceful, high-end 'neighborhood feel' while being just steps away from the vibrant energy of the Gaslamp Quarter and the cultural allure of the Embarcadero. Watermark amenities: Elevators, Recreation Room, Gym, Outdoor Patio with BBQ Grills, 24/7 On site security. The pinnacle of downtown luxury living.

Mortgage Calculator

Est. Monthly Payment

$5,389

Principal & Interest$3,413
Property Tax$675
Insurance$197
HOA$1,104
%($135,000)
%

Investment Score

2D
Est. Monthly Rent

Market Rent Estimate

$3,452
Monthly Cashflow

Rent − PITI − HOA

$-1,937
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,294

Mortgage (P+I)
$3,413
Cap Rate
0.21%
Cash-on-Cash
-17.22%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

1.01
Break-even Rent
$5,389

NOI (Annual)
$1,434
Price-to-Rent

Lower = better for investors

16.3

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

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