700 E St #1602
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700 E St #1602

Ctop 80%

San Diego, CA 92101

$899,900
NEW — 1d
STR: check · no permits in this complex · TOT 13.75%

41 licensed short-term rentals within ½ mile (36 whole home), from the cities' license and permit lists of Nov 13, 2026.

No unit in this 78-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: -$3,953/mo full cashflow at 20% down, 7.36% rate.

Works at $382,493 (57% under asking), or at 84% down.

Rent $6,002/mo from 2 leases in this building ($5,300–$6,703).

Beds

2

Baths

2

Sqft

1,215

Year Built

2007

Days on Market

1

Property Type

Condo

HOA/mo

$1,698

MLS ID

260026837SD

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

About This Property

Experience elevated coastal living in Downtown San Diego’s highly desirable Columbia District. Located in the iconic Electra building, this stunning 2-bedroom, 2-bath residence features a rare oversized patio with sweeping views of San Diego Bay—ideal for entertaining or relaxing while taking in the sunset. The thoughtfully designed interior boasts nine-foot ceilings, granite countertops, stainless steel appliances, an electric fireplace, in-unit laundry, and custom French doors opening to an expansive balcony, creating effortless indoor-outdoor living. Electra offers an impressive collection of resort-style amenities, including a grand lobby, social lounge, catering kitchen, billiards room, library, and rooftop deck featuring a pool, spa, fireplace, and BBQ area with breathtaking bay and city skyline views. Enjoy luxury high-rise living just moments from the waterfront, dining, shopping, and everything Downtown San Diego has to offer!

Mortgage Calculator

Est. Monthly Payment

$7,825

Principal & Interest$4,965
Property Tax$900
Insurance$262
HOA$1,698
%($179,980)
%
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

28C
Est. Monthly Rent
$6,002

2 leases in this building · $5,300–$6,703

Thin data: only 2 leases behind this number.

Monthly Cashflow

Rent − PITIA

-$1,823
Full Cashflow

Incl. vacancy, PM, maint, capex

-$3,953

What would make this work?

$3,953/mo short at 20% down; 84% down or +$5,134/mo rent closes it.

Break-even price

57% under asking

$382,493
Break-even rent

$5,134/mo above the estimate

$11,136/mo
Cashflow at 35% down
−$3,022/mo
Down payment to break even

$755,916 cash

84%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$4,965
Cap Rate
1.75%
Cash-on-Cash
-26.36%
DSCR

Need ≥ 1.25 for DSCR loan

0.77

NOI (Annual)
$15,742
Price-to-Rent

Lower = better for investors

12.5

* 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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CCashflow−$3,953/mo