750 State St San Diego

750 State St San Diego

D

, CA 92101

$524,900
NEW — 4d on market

Beds

1

Baths

1

Sqft

865

Year Built

1982

Days on Market

4

Property Type

Condo

HOA/mo

$902

MLS ID

260004625SD

View on MLS

Description

Great location in the Marina District! - Large 1 Bedroom unit approx 865 sq ft, This private, quiet corner unit with a large master bedroom has no common walls and comfortably accommodates king size furniture. Unique floor plan and upgrades makes this unit a one-of-a-kind at Marina Park. Hardwood flooring, and nicely upgraded Kitchen and bath are both are done with modern flair. Plenty of space including several closets for your storage needs. Marina Park has it all! This complex has all of the features and amenities you need to enjoy downtown living including; 2 pools and spa, 24hour on site security, a recreation room, and fitness center, Also 31 guest parking spaces and 6 EV community charging stations! It is located in the Marina district adjacent to Pantoja Park and just a short walk to Seaport Village, Gas Lamp, Little Italy, and Petco Park! Marina Parks HOA is strong and is currently upgrading the facilities with a fresh coat of exterior paint. Come see for yourself the value of this beautiful complex! .

Mortgage Calculator

Est. Monthly Payment

$4,234

Principal & Interest$2,654
Property Tax$525
Insurance$153
HOA$902
%($104,980)
%

Investment Score

3D
Est. Monthly Rent

Market Rent Estimate

$2,826
Monthly Cashflow

Rent − PITI − HOA

$-1,408
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,495

Mortgage (P+I)
$2,654
Cap Rate
0.36%
Cash-on-Cash
-16.10%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

1.06
Break-even Rent
$4,234

NOI (Annual)
$1,904
Price-to-Rent

Lower = better for investors

15.5

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

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