850 Beech St San Diego

850 Beech St San Diego

D

, CA 92101

$389,900
NEW — 4d on market

Beds

1

Baths

1

Sqft

792

Year Built

2003

Days on Market

4

Property Type

Condo

HOA/mo

$1,209

MLS ID

260004277SD

Description

Discovery #214 is a spacious one-bedroom, one-bath residence in the heart of Cortez Hill. The unit features tile flooring throughout with no carpet, delivering a clean, modern look and easy maintenance. Fresh Sherwin-Williams EMERALD paint brightens the interior. Enjoy a private patio that functions as an outdoor retreat for al fresco dining, relaxing, or letting your dog enjoy open-air space. The home includes one secure underground parking space and a dedicated storage locker. Discovery offers luxury high-rise living with the calm, residential feel Cortez Hill is known for. Amenities include a heated rooftop pool and spa with sweeping city views, a fully equipped fitness center, steam room, dry sauna, cabanas, fire pits, and outdoor dining areas designed for gatherings. The building is also very dog friendly. Cortez Hill has it all, Yoga Studio "The Little Yoga Studio", a personal training spot "Moe Fitness For All", Pilates Studio, Neighborhood Restaurant, Med Spa - nails salon "Anna Kara", Hair Salon "Bespoke Hair Salon", a Mini Mart, Coffee Shop and more. Join the incredible commUNITY of Cortez Hill. 8-minutes walk to everything; Little Italy, Gaslamp or Balboa Parlk. Drive to museum only 5 min drive to Balboa Park and 10 minutes to San Diego Airport !! Live in San Diego Downtown with a feeling of the Suburbs. Parking space located on P3 #47. Exclusive use of storage located on 2nd floor Storage Room #2. Exclusive use of yard its your own private outdoor patio.

Mortgage Calculator

Est. Monthly Payment

$3,684

Principal & Interest$1,972
Property Tax$390
Insurance$114
HOA$1,209
%($77,980)
%

Investment Score

0D
Est. Monthly Rent

Market Rent Estimate

$1,905
Monthly Cashflow

Rent − PITI − HOA

$-1,779
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,543

Mortgage (P+I)
$1,972
Cap Rate
-1.76%
Cash-on-Cash
-27.38%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.97
Break-even Rent
$3,684

NOI (Annual)
$-6,852
Price-to-Rent

Lower = better for investors

17.1

* Defaults: 20% down, 6.5% rate, 30yr.

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