700 Front St #1303
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700 Front St #1303

Dbottom 20%

San Diego, CA 92101

$1,850,000
STR: check · no permits in this complex · TOT 13.75%

110 licensed short-term rentals within ½ mile (84 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: -$11,707/mo full cashflow at 20% down, 7.36% rate.

Works at $318,140 (83% under asking); even all cash loses money at asking.

Rent $6,263/mo from 1 lease in this building (±1 bed).

Beds

2

Baths

2

Sqft

1,900

Year Built

1986

Days on Market

45

Property Type

Condo

HOA/mo

$2,391

MLS ID

260023659SD

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

Virtual Tour

About This Property

A Lifetime of Luxury Begins Here. A rare opportunity to own a water-view residence located in the Marina District of Downtown San Diego. Set above the city, this expansive 2 Bed / 2 Bath residence captures sweeping views from almost every room, spanning the downtown skyline, San Diego Bay, and beyond to the Pacific Ocean—an ever-changing panorama from daytime ocean views to evening sunsets and city lights. Modern European influences define the interiors, with an open-concept design, custom cabinetry, polished finishes, and a well-appointed kitchen featuring premium appliances and leathered granite surfaces. The primary suite includes a spa-inspired bath with dual vanities, generous walk-in shower, and freestanding soaking tub. The second bedroom, currently configured as a home office, offers flexibility for guests or work. The dining and living area opens onto a private balcony, creating a natural extension of the residence and additional space for outdoor living. This premier residence presents an exceptional opportunity to experience life at Meridian—Downtown San Diego’s premier luxury address. With personalized service and resort-style amenities, including 24-hour valet and concierge, and the city’s finest dining, entertainment, and waterfront are just moments away. Located in the Marina District, the Meridian offers a refined, secure, and effortless lifestyle—ideal for those seeking sophistication, comfort, and panoramic views in the heart of downtown San Diego. Residences are thoughtfully designed with expansive floor plans, generous ceiling heights, and windows that frame sweeping views of the San Diego Bay, Pacific Ocean, city skyline, and distant mountains. Enjoy elevated amenities, including 24-hour concierge and 24 hour valet service to owners and their guests, two fitness centers, sauna and steam rooms, and an expansive outdoor deck featuring a heated pool, spa, cabanas, firepit lounge,and landscaped gardens. The building is celebrated for its attentive staff, offering a level of service that redefines everyday living.

Mortgage Calculator

Est. Monthly Payment

$14,987

Principal & Interest$10,207
Property Tax$1,850
Insurance$540
HOA$2,391
%($370,000)
%
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
$6,263

1 lease in this building (±1 bed)

Blended 50/50 with a property-level estimate

Thin data: only 1 lease behind this number.

A property-level estimate runs more than 25% above what comparable homes leased for ($5,466). Treat this rent with extra care.

Monthly Cashflow

Rent − PITIA

-$8,725
Full Cashflow

Incl. vacancy, PM, maint, capex

-$11,707

What would make this work?

$11,707/mo short at 20% down; +$15,204/mo rent closes it.

Break-even price

83% under asking

$318,140
Break-even rent

$15,204/mo above the estimate

$21,467/mo
Cashflow at 35% down
−$9,793/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)
$10,207
Cap Rate
-0.77%
Cash-on-Cash
-37.97%
DSCR

Need ≥ 1.25 for DSCR loan

0.42

NOI (Annual)
-$14,244
Price-to-Rent

Lower = better for investors

24.6

* 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−$11,707/mo