666 Upas Street #1105
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666 Upas Street #1105

Dbottom 20%

San Diego, CA 92103

$1,600,000
NEW — 0d
STR: check · HOA rules unknown · TOT 12.75%

101 licensed short-term rentals within ½ mile (67 whole home), from the cities' license and permit lists of Nov 11, 2026.

HOA rules unknown: an HOA can ban stays under 30 days (Civ. Code §4741), and no permit on file shows this one allows them. Get the CC&Rs.

Pass at asking: -$10,205/mo full cashflow at 20% down, 7.43% rate.

Works at $271,302 (83% under asking); even all cash loses money at asking.

Rent $4,554/mo from 11 leases of 2–4 bed condos & townhomes within 0.5 mi ($4,176–$6,102).

Beds

3

Baths

2

Sqft

1,768

Year Built

1973

Days on Market

0

Property Type

Condo

HOA/mo

$1,423

MLS ID

PTP2608321

This property is in San Diego (92103). View neighborhood stats →

Virtual Tour

About This Property

An exceptional prize! Here’s that warm and handsome home with the ‘I’ll know it when I see it’ feel coupled with exposure and views on three sides. A comfortable and stylishly upgraded place of light and openness. The bay to your west, Mexico to the south and La Jolla to the north and perhaps best of all, Balboa Park as your front yard. This classic mid-century building, designed by the master of the style, famed architect William Krisel is rightly designated a Historic Landmark and thereby affords the unit owner a considerable Mills Act property tax reduction from $16k to $2,894. Rich in amenities, two side by side parking spaces, steps to cultural venues, dining, professional services and shopping. Location, style, space, views and Uptown living too.

Mortgage Calculator

Est. Monthly Payment

$12,378

Principal & Interest$8,889
Property Tax$1,600
Insurance$467
HOA$1,423
%($320,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Florence 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
$4,554

11 leases of 2–4 bed condos & townhomes within 0.5 mi · $4,176–$6,102

Blended 50/50 with the zip's market median ($4,750)

Monthly Cashflow

Rent − PITIA

-$7,825
Full Cashflow

Incl. vacancy, PM, maint, capex

-$10,205

What would make this work?

$10,205/mo short at 20% down; +$13,254/mo rent closes it.

Break-even price

83% under asking

$271,302
Break-even rent

$13,254/mo above the estimate

$17,808/mo
Cashflow at 35% down
−$8,539/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)
$8,889
Cap Rate
-0.82%
Cash-on-Cash
-38.27%
DSCR

Need ≥ 1.25 for DSCR loan

0.37

NOI (Annual)
-$13,069
Price-to-Rent

Lower = better for investors

29.3

* Modelled at 20% down, 7.43% 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−$10,205/mo