700 W Harbor Drive 1903

700 W Harbor Drive 1903

Dbottom 20%

San Diego, CA 92101

$1,425,000
NEW — 1d
STR: check · no permits in this complex · TOT 13.75%

26 licensed short-term rentals within ½ mile (22 whole home), from the cities' license and permit lists of Nov 14, 2026.

No unit in this 84-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: -$9,509/mo full cashflow at 20% down, 7.36% rate.

Works at $180,785 (87% under asking); even all cash loses money at asking.

Rent $4,331/mo from 2 leases in this building ($4,257–$4,405).

Beds

2

Baths

2

Sqft

1,374

Year Built

2004

Days on Market

1

Property Type

Condo

HOA/mo

$1,953

MLS ID

260027036SD

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

About This Property

Experience spectacular waterfront living from the highly coveted southwest-facing '03 floor plan at Park Place, one of Downtown San Diego's premier luxury high-rises. Perched on the 19th floor, Residence 1903 enjoys breathtaking views of San Diego Bay, Coronado, the Coronado Bridge, and the surrounding skyline, with picturesque views overlooking the historic Old Police Headquarters. **Water views from every room** make this residence particularly special, while its intelligently designed 2-bedroom, 2-bathroom split floor plan places the bedrooms on opposite ends of the condo for exceptional privacy. With virtually no hallways or wasted space, the layout maximizes usable square footage and creates a remarkably open and functional living environment. Built by Bosa Development, Park Place is a luxury high-rise in the heart of the prestigious Marina District, offering resort-style amenities including 24-hour concierge and security, a pool and spa, fitness center, sauna, resident lounge, BBQ areas, and on-site management. Its exceptional waterfront location places residents just steps from Seaport Village, the Embarcadero, the exciting new RaDD development, waterfront dining, shopping, and entertainment. The Gaslamp Quarter, Rady Shell, Petco Park, and Little Italy are also nearby. With its desirable southwest orientation, remarkable water views, efficient floor plan, and one of Downtown's most sought-after locations, Residence 1903 offers an exceptional opportunity to experience the very best of San Diego high-rise living.

Mortgage Calculator

Est. Monthly Payment

$11,656

Principal & Interest$7,862
Property Tax$1,425
Insurance$416
HOA$1,953
%($285,000)
%
Loan Term

Location

Loading map...

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
$4,331

2 leases in this building · $4,257–$4,405

Thin data: only 2 leases behind this number.

Monthly Cashflow

Rent − PITIA

-$7,325
Full Cashflow

Incl. vacancy, PM, maint, capex

-$9,509

What would make this work?

$9,509/mo short at 20% down; +$12,349/mo rent closes it.

Break-even price

87% under asking

$180,785
Break-even rent

$12,349/mo above the estimate

$16,680/mo
Cashflow at 35% down
−$8,035/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)
$7,862
Cap Rate
-1.20%
Cash-on-Cash
-40.04%
DSCR

Need ≥ 1.25 for DSCR loan

0.37

NOI (Annual)
-$17,161
Price-to-Rent

Lower = better for investors

27.4

* 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.

Open Full Calculator
DCashflow−$9,509/mo