750 State Street #314
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750 State Street #314

Ctop 80%

San Diego, CA 92101

$1,050,000
STR: check · no permits in this complex · TOT 13.75%

95 licensed short-term rentals within ½ mile (82 whole home), from the cities' license and permit lists of Nov 8, 2026.

No unit in this 52-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: -$5,816/mo full cashflow at 20% down, 7.43% rate.

Works at $292,746 (72% under asking), or at all cash.

Rent $4,239/mo from 2 leases in this building (±1 bed) ($4,119–$4,360).

Beds

3

Baths

2

Sqft

1,613

Year Built

1982

Days on Market

94

Property Type

Condo

HOA/mo

$1,016

MLS ID

PTP2605985

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

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About This Property

Exceptional downtown living at Marina Park! Located in the highly desirable Marina District. This beautifully upgraded southeast corner residence with Views, is ideally located to some of San Diego's most popular destinations, including: Seaport Village, the Gaslamp Quarter, Little Italy, and Petco Park. This Spacious 3 bed/2 bath condo features stylish updates with custom kitchen cabinetry, built in oven, an induction cooktop, quartz countertops, with newer stainless steel refrigerator and dishwasher. The corner unit is light and bright and is complimented with recessed lighting throughout. Newer Wide Plank laminate floors in the kitchen, Livingroom and Bedrooms! Complimenting this unit is a Gas fireplace with beautiful floor to ceiling stone accents. Brand new LG washer and drying is included for your laundry needs! You have plenty of storage w/four walk-in closets! And, a really cool murphy bed with shelving! Marina Park is a premier community surrounded by lush, meticulously maintained landscaping and has plenty of guest parking spaces along with 24-hour on-site security and concierge! You will enjoy resort-style amenities at Marina Park including; two swimming pools, spas, sauna, a fitness center, a recreation room, and a library. Great location adjacent to Pantoja Park! 2 car side by side parking in the secure garage. The garage has several community EV charging stations! HOA includes: Water, Sewer, garbage, GAS and cable!! Must see!

Mortgage Calculator

Est. Monthly Payment

$8,205

Principal & Interest$5,833
Property Tax$1,050
Insurance$306
HOA$1,016
%($210,000)
%
Loan Term

Location

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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

3C
Est. Monthly Rent
$4,239

2 leases in this building (±1 bed) · $4,119–$4,360

Thin data: only 2 leases behind this number.

A property-level estimate runs more than 25% above what comparable homes leased for ($4,239). Treat this rent with extra care.

Monthly Cashflow

Rent − PITIA

-$3,966
Full Cashflow

Incl. vacancy, PM, maint, capex

-$5,816

What would make this work?

$5,816/mo short at 20% down; 100% down or +$7,553/mo rent closes it.

Break-even price

72% under asking

$292,746
Break-even rent

$7,553/mo above the estimate

$11,792/mo
Cashflow at 35% down
−$4,722/mo
Down payment to break even

$1,050,000 cash

100%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$5,833
Cap Rate
0.26%
Cash-on-Cash
-33.24%
DSCR

Need ≥ 1.25 for DSCR loan

0.52

NOI (Annual)
$2,748
Price-to-Rent

Lower = better for investors

20.6

* Modelled at 20% down, 7.43% 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.

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CCashflow−$5,816/mo