800 The Mark Ln

800 The Mark Ln #2803

D

San Diego, CA 92101

$2,765,000

Soft Appraisal Value: $1,955,900 · 41.4% above estimate

Beds

3

Baths

3

Sqft

2,430

Year Built

2007

Days on Market

26

Property Type

Condo

HOA/mo

$1,030.9

MLS ID

260005599SD

Description

******FOR SALE OR LEASE OPTION $10,500 per month******* Perched on the 28th floor of The Mark, this exceptional semi-penthouse offers expansive city living with approximately 2,430 square feet & 3 spacious bedrooms, 2 en-suite. From this elevated vantage point, enjoy unparalleled panoramic views of the downtown skyline, San Diego Bay, the graceful arc of the Coronado Bridge, & the iconic silhouette of Point Loma. At the center of it all is the vibrant energy of Petco Park, home of the San Diego Padres—offering a front-row perspective to games, concerts, and the dynamic atmosphere of East Village.This semi-penthouse sanctuary in the sky features one of the largest outdoor living spaces in the building, highlighted by an expansive 400+ square foot terrace—an urban oasis ideal for entertaining guests or cultivating a lush garden retreat. Two additional private balconies extend the indoor-outdoor lifestyle, located off the dining area and the primary suite. Inside, ten-foot ceilings enhance the sense of scale and sophistication, while floor-to-ceiling glass windows flood the residence with natural light and showcase the remarkable views from nearly every room. From catching a Padres game from above, to enjoying concerts and city lights, or simply savoring the beauty of the bay, this 28th-floor semi-penthouse at The Mark offers a truly elevated San Diego lifestyle. The thoughtfully designed floor plan includes: • 2 ensuite bedrooms for privacy and comfort • Generous closet space throughout • A walk-in pantry • An elegant wine bar perfect for entertaining • Designer lighting fixtures that add warmth and sophistication

Mortgage Calculator

Est. Monthly Payment

$18,584

Principal & Interest$13,981
Property Tax$2,765
Insurance$806
HOA$1,031
%($553,000)
%

Investment Score

0D
Est. Monthly Rent
$4,264
Monthly Cashflow

Rent − PITIA

$-14,319
Full Cashflow

Incl. vacancy, PM, maint, capex

$-17,604

Mortgage (P+I)
$13,981
Cap Rate
-1.57%
Cash-on-Cash
-38.20%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.23
Break-even Rent
$27,127

NOI (Annual)
$-43,473
Price-to-Rent

Lower = better for investors

54.0

* 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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