801 Ash St
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801 Ash St #203

D

San Diego, CA 92101

$639,900
NEW — 2d

Soft Appraisal Value: $651,300 · 1.8% below estimate

Beds

2

Baths

2

Sqft

1,254

Year Built

2006

Days on Market

2

Property Type

Condo

HOA/mo

$1,099.23

MLS ID

260009411SD

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

About This Property

This beautiful, spacious and light-filled condo is located in the very walkable neighborhood of Cortez Hill, conveniently located on a hill in the northeast area of downtown with jacaranda lined streets, in the highly sought after Cortez Blu building! Cortez Hill is located within walking distance of Balboa Park, south of Banker's Hill and east of Little Italy. Enjoy the city views from your private balcony or through the floor to ceiling windows in every room. There are newer, beautiful luxury vinyl tile floors throughout the main areas of the condo with carpet in the large master bedroom and second bedroom. The soaring cement ceilings and expansive windows compliment the gourmet kitchen with newer appliances and a large pantry. The kitchen flows freely into the expansive and open living spaces. The master bedroom has a large walk-in closet, en suite bathroom with dual vanities, a luxurious soaking tub as well as a separate shower. The second bedroom is a nice size with large windows and there is a second full bathroom close by, as well as a full size washer and dryer. The concrete ceilings and floors also provide a very quiet space for you to enjoy. There is one dedicated parking space, plus, for residents of Cortez Hill, additional permitted street parking is available for a $15 annual fee! Cortez Hill is a compact downtown neighborhood and is home to family-friendly restaurants, hotels and condo buildings. including the landmark El Cortez, a 1927 grand former hotel. St Joseph Cathedral dates from 1875 and features Mission Revival-style architecture. Dotted with benches and whimsical birdhouses, Tweet Street Park is popular for strolls, while the sprawling and beautiful Balboa Park with its numerous museums and other attractions lies just to the north.

Mortgage Calculator

Est. Monthly Payment

$5,161

Principal & Interest$3,236
Property Tax$640
Insurance$187
HOA$1,099
%($127,980)
%

Location

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Investment Score

26D
Est. Monthly Rent
$3,565
Monthly Cashflow

Rent − PITIA

$-1,597
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,950

Mortgage (P+I)
$3,236
Cap Rate
0.54%
Cash-on-Cash
-27.66%
DSCR

Need ≥ 1.25 for DSCR loan

0.69
Break-even Rent
$7,396

NOI (Annual)
$3,428
Price-to-Rent

Lower = better for investors

15.0

* 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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