
850 Beech 1505
Ctop 80%San Diego, CA 92101
135 licensed short-term rentals within ½ mile (107 whole home), from the cities' license and permit lists of Nov 8, 2026.
No unit in this 62-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: -$6,556/mo full cashflow at 20% down, 7.43% rate.
Works at $505,419 (63% under asking), or at 90% down.
Rent $6,746/mo from 1 lease in this building.
Beds
3
Baths
2
Sqft
1,680
Year Built
2003
Days on Market
—
Property Type
Condo
HOA/mo
$1,313
MLS ID
260026656SD
This property is in San Diego (92101). View neighborhood stats →
About This Property
Rarely available 2BR/2BA + den residence at Discovery in Cortez Hill featuring a sought-after floor plan, two west-facing balconies and sweeping views of Downtown San Diego, Balboa Park and the Coronado Bridge. Beautifully upgraded with cherrywood flooring, quartz countertops, Bosch appliances, custom Shaker-style cabinetry, upgraded fireplace with redesigned mantle and custom tile surround, and new washer/dryer. Remote-controlled dual window treatments with privacy and blackout shades and custom casings throughout. The renovated primary bath features custom cabinetry, integrated toe-kick and perimeter ceiling lighting, imported Italian slate, wood-grain porcelain tile feature wall and Caesarstone quartz counters. Includes one of Discovery's largest storage units with built-in shelving plus two side-by-side parking spaces. Situated at one of Downtown San Diego's highest elevations, Discovery offers impressive panoramic vantage points and convenient access to I-5 and SR-163, with Downtown, Balboa Park and surrounding neighborhoods within easy reach. Building amenities include staffed front desk, on-site cleaning staff, 10th-floor lap-friendly pool, spa, BBQs, gas fire pits, fitness center, sauna, locker rooms and entertainment/bar area. Additional amenities include a business center, conference room and expansive second-floor interior courtyard with additional gathering and entertaining space.
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Est. Monthly Payment
$10,618
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
$6,746
Comp Average
$5,552
1240 India Street
3bd / 3ba · 1,594 sqft · Condo
$1.15M
Est. $5,576/mo
1240 India Street
3bd / 3ba · 1,594 sqft · Condo
$1.12M
Est. $5,576/mo
325 7th Ave
3bd / 2.5ba · 1,850 sqft · Condo
$1.29M
Est. $6,270/mo
750 State Street
3bd / 2ba · 1,613 sqft · Condo
$1.05M
Est. $4,239/mo
1205 Pacific Hwy
2bd / 2ba · 1,675 sqft · Condo
$1.60M
Est. $6,101/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
1 lease in this building
Thin data: only 1 lease behind this number.
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$6,556/mo short at 20% down; 90% down or +$8,514/mo rent closes it.
- Break-even price
- $505,419
- Break-even rent
- $15,260/mo
- Cashflow at 35% down
- −$5,140/mo
- Down payment to break even
- 90%
- Rate to break even
- Not reachable
63% under asking
$8,514/mo above the estimate
$1,223,100 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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