700 E Street
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700 E Street #2905

D

San Diego, CA 92101

$788,000
NEW — 0d

Soft Appraisal Value: $775,100 · 1.7% above estimate

Beds

2

Baths

2

Sqft

967

Year Built

2007

Days on Market

0

Property Type

Condo

HOA/mo

$1,725

MLS ID

260012905SD

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

About This Property

Perched on the 29th floor of the iconic Electra building, this sophisticated downtown residence offers stunning easterly views stretching across the city skyline and toward beautiful Coronado. Expansive windows flood the home with natural light and create a spectacular backdrop both day and night, offering your own private window to the world high above the city below. A split bedroom floor plan adds a little extra privacy and personal space. Grab your favorite beverage to sip and enjoy spectacular views on the balcony. The kitchen has been upgraded with stunning cabinetry, granite counters, a gas cooktop and stainless steel appliances. In-unit laundry accommodates a full-size stacked washer and dryer adding ease to everyday life. Designed for elevated urban living, this residence includes one assigned parking space on Level 3 along with a private storage cage. Residents of Electra enjoy access to an exceptional collection of resort-style amenities, including the beautifully restored historic conservatory featuring soaring cathedral ceilings, 24-hour concierge service, pool, spa, sauna, steam room, and a fully renovated TechnoGym fitness center. Outdoor BBQ and dining areas provide the perfect setting for entertaining or relaxing in style. Ideally located in the heart of Downtown San Diego, this home places you moments from Petco Park, the Gaslamp Quarter, Little Italy, the waterfront, Balboa Park, Coronado, popular cafes, restaurants, bars, boutiques, and endless entertainment. Experience upscale high-rise living in one of San Diego’s most sought-after luxury communities.

Mortgage Calculator

Est. Monthly Payment

$6,727

Principal & Interest$3,985
Property Tax$788
Insurance$230
HOA$1,725
%($157,600)
%

Location

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Investment Score

5D
Est. Monthly Rent
$3,699
Monthly Cashflow

Rent − PITIA

$-3,029
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,536

Mortgage (P+I)
$3,985
Cap Rate
-0.84%
Cash-on-Cash
-34.54%
DSCR

Need ≥ 1.25 for DSCR loan

0.55
Break-even Rent
$9,590

NOI (Annual)
$-6,617
Price-to-Rent

Lower = better for investors

17.8

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

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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