801 Ash #304
Btop 30%San Diego, CA 92101
155 licensed short-term rentals within ½ mile (122 whole home), from the cities' license and permit lists of Nov 6, 2026.
No unit in this 67-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: -$2,710/mo full cashflow at 20% down, 7.43% rate.
Works at $246,189 (59% under asking), or at 86% down.
Rent $3,821/mo from 3 leases in this building ($3,641–$3,838).
Beds
2
Baths
2
Sqft
1,089
Year Built
2006
Days on Market
140
Property Type
Condo
HOA/mo
$1,051.14
MLS ID
260015048SD
This property is in San Diego (92101). View neighborhood stats →
About This Property
SELLER INCENTIVE: 2/1 INTEREST RATE BUYDOWN with the preferred lender! Enjoy sophisticated downtown living in this stunning, turnkey 2-bed, 2-bath loft-style condo in Cortez Hill. This light-filled residence features soaring 10-foot concrete ceilings, beautiful luxury flooring, and a sleek kitchen flowing freely into expansive living spaces. A private balcony and large windows showcase breathtaking panoramic city views and gorgeous sunsets. Includes a spacious master suite with a walk-in closet, dedicated underground parking, and TWO LARGE STORAGE UNITS. Perfectly located close to Little Italy and Balboa Park.
Mortgage Calculator
Est. Monthly Payment
$5,153
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.
Comparable Properties
5 comps foundThis Property
$3,821
Comp Average
$3,321
1480 Broadway
2bd / 2ba · 1,084 sqft · Condo
$513K
Est. $3,154/mo
1400 Broadway
2bd / 2ba · 1,077 sqft · Condo
$575K
Est. $3,415/mo
1025 Island Avenue
2bd / 2ba · 1,027 sqft · Condo
$639K
Est. $3,598/mo
1643 6th Ave
2bd / 2ba · 1,145 sqft · Condo
$600K
Est. $3,256/mo
1080 Park Blvd
2bd / 2ba · 1,029 sqft · Condo
$550K
Est. $3,184/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
3 leases in this building · $3,641–$3,838
Thin data: only 3 leases behind this number.
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$2,710/mo short at 20% down; 86% down or +$3,519/mo rent closes it.
- Break-even price
- $246,189
- Break-even rent
- $7,340/mo
- Cashflow at 35% down
- −$2,086/mo
- Down payment to break even
- 86%
- Rate to break even
- Not reachable
59% under asking
$3,519/mo above the estimate
$515,140 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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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