750 State St San Diego

750 State St San Diego

D

, CA 92101

$849,000

Beds

2

Baths

2

Sqft

1,282

Year Built

1982

Days on Market

55

Property Type

Condo

HOA/mo

$988

MLS ID

2600530SD

Description

Enjoy downtown living at Marina Park. This great location in the Marina District is Just a short walk to the Embarcadero, Seaport Village, Gas lamp, Little Italy, and Petco Park! Just a short drive to beaches, Coronado and North County. This highly upgraded 2bd/2ba home offers you a rare opportunity to be right over Pantoja Park! Enjoy the views of the city and the serenity of the park. Nicely remodeled Large 2bd/ 2ba split master style unit boasts hardwood flooring, newer countertops, a gas fireplace, and updated kitchen and baths! This West facing unit has a direct view into Pantoja park and is fully equipped with all appliances. 2 prime side by side parking spaces and 24 hour on site security. Come see for yourself this golden opportunity to own downtown!

Mortgage Calculator

Est. Monthly Payment

$6,378

Principal & Interest$4,293
Property Tax$849
Insurance$248
HOA$988
%($169,800)
%

Investment Score

0D
Est. Monthly Rent

Market Rent Estimate

$2,796
Monthly Cashflow

Rent − PITI − HOA

$-3,582
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,933

Mortgage (P+I)
$4,293
Cap Rate
-0.90%
Cash-on-Cash
-25.31%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.65
Break-even Rent
$6,378

NOI (Annual)
$-7,675
Price-to-Rent

Lower = better for investors

25.3

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

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