850 Beech Street

850 Beech Street #416

D

San Diego, CA 92101

$649,900
NEW — 1d on market

Beds

2

Baths

2

Sqft

1,070

Year Built

2003

Days on Market

1

Property Type

Condo

HOA/mo

$1,238.56

MLS ID

260007957SD

Description

Experience serene treetop views from this west-facing, end-unit residence at Discovery, complete with a private balcony overlooking the peaceful side of the community. With custom paint tones throughout, the upgraded chef’s kitchen is a true centerpiece, showcasing new Calacatta quartz countertops, top of the line GE Profile stainless appliances, painted timeless shaker cabinetry and a deep, single-basin stainless sink combines sleek style with practical ease for cleanup, and recessed lighting for a sleek, modern look. The open-concept living area is highlighted by luxury vinyl plank flooring, expansive windows that flood the space with natural light, a charming window bench seat with built-in storage, track lighting, remote shades, and a cozy fireplace. The spacious primary suite is thoughtfully designed with custom California Closets, a built-in dresser, and remote shades for effortless privacy. The beautifully remodeled guest bath features a walk-in shower and designer finishes. Additional conveniences include one secure parking space near the elevator and a dedicated storage unit. All this in charming, tree-lined Cortez Hill—Downtown San Diego’s hidden gem, celebrated for its tranquil ambiance and sophisticated urban lifestyle. Perched atop Cortez Hill, Discovery offers resort-style living in one of Downtown San Diego’s most charming and established neighborhoods. Residents enjoy secure underground parking, 24-hour concierge service, an elegant lobby, and thoughtfully designed shared spaces including the lush 2nd-floor Fern Grotto Garden and a stylish social lounge. The business center is equipped with commercial-grade office tools, and the 10th-floor rooftop deck features a heated lap pool, cabanas, spa, BBQ grills, and panoramic city views. A top-tier fitness center includes a sauna and steam room for full wellness access. Just steps away are local favorites like Tweet Street Park and Hob Coffee, with Little Italy and Balboa Park within walking distance. Plus, enjoy quick freeway access to I-5 and Hwy 163 from this peaceful urban retreat.

Mortgage Calculator

Est. Monthly Payment

$5,364

Principal & Interest$3,286
Property Tax$650
Insurance$190
HOA$1,239
%($129,980)
%

Investment Score

1D
Est. Monthly Rent
$3,521
Monthly Cashflow

Rent − PITIA

$-1,844
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,195

Mortgage (P+I)
$3,286
Cap Rate
0.17%
Cash-on-Cash
-29.50%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.66
Break-even Rent
$7,671

NOI (Annual)
$1,094
Price-to-Rent

Lower = better for investors

15.4

* 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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