800 The Mark

800 The Mark

Ctop 80%

San Diego, CA 92101

$1,350,000
NEW — 0d

Pass at asking: -$6,956/mo full cashflow at 20% down, 7.43% rate.

Works at $444,337 (67% under asking), or at 95% down.

Rent $5,630/mo from 1 lease in this building.

Beds

2

Baths

2.5

Sqft

1,878

Year Built

2007

Days on Market

0

Property Type

Condo

HOA/mo

$922

MLS ID

260026536SD

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

About This Property

Experience elevated downtown living from the 29th floor of The Mark! This stunning 2-bedroom, 2.5-bath residence offers 1,878 square feet of living space, three private patios, and breathtaking panoramic views of the San Diego skyline, surrounding mountains, and beyond. Expansive floor-to-ceiling windows fill the home with natural light, while the open-concept floor plan features rich dark wood flooring, spacious living and dining areas, and a beautifully appointed kitchen with granite countertops and backsplash, warm wood cabinetry, Monogram appliances, a gas range, and large breakfast bar. A stunning corner space surrounded by walls of glass is ideal for a home office or sitting area. Three private patios provide exceptional indoor-outdoor living, including a spacious balcony perfect for entertaining. The primary suite features floor-to-ceiling windows and private patio access. Additional highlights include in-unit laundry and a guest powder room. Residents enjoy resort-style amenities including a pool, spa, fitness center, landscaped courtyard, fire pit lounge, BBQ pavilion with pizza oven, conference room, concierge, and 24-hour security. Ideally located just moments from Petco Park, the Gaslamp Quarter, restaurants, shopping, and entertainment!

Mortgage Calculator

Est. Monthly Payment

$10,166

Principal & Interest$7,500
Property Tax$1,350
Insurance$394
HOA$922
%($270,000)
%
Loan Term

Location

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Investment Score

7C
Est. Monthly Rent
$5,630

1 lease in this building

Thin data: only 1 lease behind this number.

Monthly Cashflow

Rent − PITIA

-$4,536
Full Cashflow

Incl. vacancy, PM, maint, capex

-$6,956

What would make this work?

$6,956/mo short at 20% down; 95% down or +$9,033/mo rent closes it.

Break-even price

67% under asking

$444,337
Break-even rent

$9,033/mo above the estimate

$14,663/mo
Cashflow at 35% down
−$5,550/mo
Down payment to break even

$1,282,500 cash

95%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$7,500
Cap Rate
0.73%
Cash-on-Cash
-30.91%
DSCR

Need ≥ 1.25 for DSCR loan

0.55

NOI (Annual)
$9,907
Price-to-Rent

Lower = better for investors

20.0

* 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−$6,956/mo