850 Beech St

850 Beech St

C

San Diego, CA 92101

$580,000

Beds

2

Baths

2

Sqft

1,230

Year Built

2003

Days on Market

59

Property Type

Condo

HOA/mo

$1,179.16

MLS ID

2600302SD

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

About This Property

Discovery at Cortez Hill offers premium amenities including concierge service, 24-hour security, and a stunning rooftop deck with a lap pool, jacuzzi, cabanas, fire pits, BBQs, and panoramic views of San Diego. This freshly painted, 2-bed, 2-bath ground-level condo features brand-new carpet and combines downtown convenience with peaceful, residential living—perfect for families, pet owners, or anyone who prefers easy, stair-free access. Unlike many upper units that get full sun exposure and heat up quickly, this home enjoys natural shade and minimal direct sunlight, helping it stay cool and comfortable in the summer without running the A/C all day. Step outside to a rare, oversized private patio that opens to a lush community terrace—creating a serene, open-air feel rarely found in the city. The unit is also just steps from the building’s business center, library, and shared patio. Located just minutes from Balboa Park, Little Italy, and downtown—but tucked away in one of the city’s quietest, most desirable neighborhoods. Extremely dog-friendly, with one assigned parking space (G306) conveniently located near the entry gate and elevator.

Mortgage Calculator

Est. Monthly Payment

$4,861

Principal & Interest$2,933
Property Tax$580
Insurance$169
HOA$1,179
%($116,000)
%

Location

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Investment Score

22D
Est. Monthly Rent
$3,190
Monthly Cashflow

Rent − PITIA

$-1,671
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,888

Mortgage (P+I)
$2,933
Cap Rate
0.09%
Cash-on-Cash
-29.88%
DSCR

Need ≥ 1.25 for DSCR loan

0.66
Break-even Rent
$6,941

NOI (Annual)
$538
Price-to-Rent

Lower = better for investors

15.2

* 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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