850 Beech Street
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850 Beech Street #206

D

San Diego, CA 92101

$634,900
NEW — 5d

Beds

2

Baths

2

Sqft

1,040

Year Built

2003

Days on Market

5

Property Type

Condo

HOA/mo

$1,236

MLS ID

260012300SD

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

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About This Property

This gorgeous ground-level 2 bedroom, 2 bath residence at Discovery offers the perfect balance of being close to the action, yet removed from the noise and hustle-bustle. Beautifully maintained and truly move-in ready, it stands apart with a private street entrance on 9th Avenue with an oversized enclosed terrace, ideal for relaxing, entertaining, or letting furry companions enjoy the outdoors. Located in Cortez Hill, one of Downtown San Diego’s most charming and peaceful neighborhoods, you’ll enjoy a quieter, community-oriented setting while remaining close to everything the city has to offer. Inside, features include a warming fireplace, laminate wood flooring, fresh paint, and crown molding. The kitchen is equipped with upgraded KitchenAid stainless appliances, wine fridge, recessed lighting, ample cabinetry, kitchen organization station with open shelving, and an eat-at bar. The primary suite offers an organized walk-in closet and ensuite bath. Additional highlights include interior building access, a private storage space down the hall, and the convenience of street-level living. Discover why Discovery and Cortez Hill are among Downtown San Diego’s best-kept secrets. Discovery offers resort-style living in one of Downtown San Diego’s most charming and established neighborhoods, Cortez Hill! 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 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

$5,266

Principal & Interest$3,210
Property Tax$635
Insurance$185
HOA$1,236
%($126,980)
%

Location

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Investment Score

21D
Est. Monthly Rent
$3,492
Monthly Cashflow

Rent − PITIA

$-1,774
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,107

Mortgage (P+I)
$3,210
Cap Rate
0.20%
Cash-on-Cash
-29.36%
DSCR

Need ≥ 1.25 for DSCR loan

0.66
Break-even Rent
$7,526

NOI (Annual)
$1,246
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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