700 Harbor
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700 Harbor #407

D

San Diego, CA 92101

$949,000
NEW — 0d

Beds

2

Baths

2

Sqft

1,353

Year Built

2004

Days on Market

0

Property Type

Condo

HOA/mo

$1,948

MLS ID

260010515SD

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

About This Property

Residence 407 at Park Place is a 2BR/2BA home offering approximately 1,353 sqft with a functional layout and rare access to outdoor space from every room. Two balconies include one off the living room and guest bedroom, and a second private balcony off the primary suite. The residence overlooks the pool and courtyard with views of mature palm trees, creating a more private and relaxed setting. Interior features include wood floors throughout, a custom built-in cabinet with added storage and a dual temperature controlled wine cooler, and the primary suite has dual closets. Residence 407 comes with 1 parking space and 1 storage unit. Park Place is a luxury community in the prestigious Marina District of Downtown San Diego. Residents can enjoy resort-style living with concierge, 24 hr security, pool/spa, gym, lounge, board room and 10 guest parking spaces. Park Place is right next to the waterfront, restaurants, shopping and the new Research and Development District (RaDD) which is home to brand new Class A life science space and retail amenities such as Javiers and an Equinox gym.

Mortgage Calculator

Est. Monthly Payment

$7,972

Principal & Interest$4,799
Property Tax$949
Insurance$277
HOA$1,948
%($189,800)
%

Location

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Investment Score

0D
Est. Monthly Rent
$3,904
Monthly Cashflow

Rent − PITIA

$-4,069
Full Cashflow

Incl. vacancy, PM, maint, capex

$-5,757

Mortgage (P+I)
$4,799
Cap Rate
-1.21%
Cash-on-Cash
-36.40%
DSCR

Need ≥ 1.25 for DSCR loan

0.49
Break-even Rent
$11,381

NOI (Annual)
$-11,505
Price-to-Rent

Lower = better for investors

20.3

* 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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