777 6th Ave

777 6th Ave

D

San Diego, CA 92101

$510,000
NEW — 1d on market

Beds

1

Baths

1

Sqft

746

Year Built

2005

Days on Market

1

Property Type

Condo

HOA/mo

$652

MLS ID

260005501SD

Description

TOP-FLOOR GASLAMP LOFT - LIVE IT OR RENT IT! Extensively upgraded 746 sqft platform loft with excellent mid-term rental income potential in Downtown San Diego's most walkable neighborhood. This sun-drenched urban retreat features soaring 15-ft vaulted ceilings, industrial-exposed ducting, and meticulous designer upgrades including: NEW luxury vinyl flooring throughout, fresh contemporary paint, completely renovated kitchen with show-stopping waterfall-edge island countertops, new stainless sinks and modern fixtures, custom oversized closet, in-unit washer/dryer (2024), and brand NEW AC unit (2024) for optimal comfort and efficiency. The open living space flows seamlessly while the loft-style bedroom offers privacy with pony-walls - a layout renters and residents love. One assigned space in secure underground garage included. Building amenities: fitness center and outdoor BBQ/entertainment area with recent common area enhancements (2023). LOCATION IS EVERYTHING - walk to Petco Park, new Gaslamp Promenade, harbor, 100+ restaurants/bars, trolley access, and endless entertainment. Pet-friendly building welcomes your furry friends. VA APPROVED for qualified buyers. Perfect for investors seeking rental income (30+ day minimum rentals allowed), urban professionals wanting the ultimate downtown lifestyle, traveling professionals needing flexible housing, or owner-occupants who want the option to rent when away. This is your chance to own in San Diego's premier entertainment district with flexibility to occupy or generate income. HOA $652/mo. Priced to move.

Mortgage Calculator

Est. Monthly Payment

$3,890

Principal & Interest$2,579
Property Tax$510
Insurance$149
HOA$652
%($102,000)
%

Investment Score

6D
Est. Monthly Rent
$2,787
Monthly Cashflow

Rent − PITI − HOA

$-1,103
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,169

Mortgage (P+I)
$2,579
Cap Rate
0.96%
Cash-on-Cash
-12.97%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.72
Break-even Rent
$3,890

NOI (Annual)
$4,920
Price-to-Rent

Lower = better for investors

15.2

* 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.

Get Expert AnalysisOpen Full Calculator