701 KETTNER BLVD 4

701 KETTNER BLVD 4

C

San Diego, CA 92101

$950,000
NEW — 1d

Beds

3

Baths

2

Sqft

1,269

Year Built

1983

Days on Market

1

Property Type

Condo

HOA/mo

$755

MLS ID

260017496SD

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

About This Property

RARELY AVAILABLE PARK VIEW 2BR PLUS LOFT overlooking beautiful Pantoja Park!........THIS IS THE LARGEST FLOORPLAN IN PARK ROW AND ONLY 7 OF THESE UNITS ARE DIRECTLY ON THE PARK! This fully remodeled gem has hardwood floors, contemporary kitchen with premium stainless appliances and gorgeous custom quartz counters. Spacious primary suite accommodates a king bed and has large customized closet. Both bathrooms are remodeled with custom tile and quartz counters. In unit washer/dryer. Upstairs loft is open to the living room below...use it as the 3rd BR, home office for a work-from home lifestyle, or as a guest space or a den. Loft has beautiful built-in storage closets with adjustable shelving...suitable for hanging clothes. Park facing balcony is perfect for your morning coffee, al fesco dining & BBQ...also features a storage closet & garden hose spigot for easy cleaning and watering your potted garden! Resort-like pool, spa and clubhouse! 20 guest parking spaces! Move-in ready! See supplement for more info. Park Row has 222 units and only 44 are the highly prized 2BR/2BA + loft floor plans. (These are also the largest floor-plans in Park Row) Of these 44 units only 7 directly face Pantoja Park....So Unit 4 is a rare offering indeed overlooking San Diego's oldest City park. Located in the quiet and upscale Marina District where it's a short hop in every direction to the Bay, Convention Center, Little Italy, Seaport Village, trolley & AMTRAK. Only ten minutes to San Diego Airport. Park Row's 222 units are built on 3 square blocks totaling over 6 acres....this is stunningly low density when compared to nearly all other Downtown developments. The result is not only a generous apportionment of the grounds to gardens but unheard of space for the resort like pool, spa, clubhouse facility and guest parking. Stroll through the walkways of Park Row and enjoy the variety of trees and flowering plants...each courtyard has it's own unique garden & fountain style. Park Row is adjacent to Pantoja Park on G Street. Residents enjoy direct security gate access to the complex from this beautiful park. Pantoja Park is also the perfect place to take your dog for a walk and meet the neighbors! All units in Park Row come with one assigned parking space in the underground lot. Residents can rent an additional parking space for $60/month from the HOA. Ask agent about parking rules. Generous guest parking in the outside lot adjacent to clubhouse. Each unit has a small storage cabinet in the garage. Bike cage and bike "vaults" are available for rent from the HOA at a nominal cost. Ten SDG&E car chargers can be found in the gated community garages.

Mortgage Calculator

Est. Monthly Payment

$6,786

Principal & Interest$4,804
Property Tax$950
Insurance$277
HOA$755
%($190,000)
%

Investment Score

14D
Est. Monthly Rent
$4,275
Monthly Cashflow

Rent − PITIA

$-2,511
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,286

Mortgage (P+I)
$4,804
Cap Rate
0.65%
Cash-on-Cash
-27.07%
DSCR

Need ≥ 1.25 for DSCR loan

0.63
Break-even Rent
$9,841

NOI (Annual)
$6,217
Price-to-Rent

Lower = better for investors

18.5

* 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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