
850 Beech Street #511
CSan Diego, CA 92101
Soft Appraisal Value: $885,800 · 1.0% above estimate
Beds
3
Baths
2
Sqft
1,285
Year Built
2003
Days on Market
0
Property Type
Condo
HOA/mo
$1,274
MLS ID
NDP2605592
This property is in San Diego (92101). View neighborhood stats →
About This Property
A premier investment asset or turn-key primary residence, this rare 3-bedroom corner home in Cortez Hill boasts a proven $7,000/month furnished rental history, includes two secure parking spaces, and is available fully furnished. This presents an exceptional, high-yield opportunity for out-of-state buyers and savvy investors looking for immediate, hassle-free ROI in downtown San Diego. Welcome to the building's most desirable southeast corner layout. Positioned on the 5th floor of the prestigious 'Discovery' building, Unit 511 features an expansive great room framed by dramatic floor-to-ceiling windows, 10-foot ceilings, a cozy fireplace, and commanding mountain and city views. Unlike the standard, dense 2-bedroom inventory flooding the market, this spacious 1,285 sq ft, 3-bedroom configuration completely outpaces the competition—making it a magnet for remote executives, corporate tenants, and families alike. The fully equipped kitchen with breakfast bar seating flows seamlessly into the living spaces and out onto an oversized private terrace, perfect for outdoor dining, lounging, and a BBQ. Living at The Discovery offers a true resort experience with 24-hour concierge services and unmatched amenities, including a 10th-floor lap pool and hot tub with panoramic views, a full gym, sauna, steam room, and a vibrant social lounge. Several building events throughout the year create a welcoming, strong sense of community that keeps tenants staying longer. Situated in Cortez Hill—downtown’s most peaceful, elevated neighborhood pocket—you are just minutes from Little Italy, Balboa Park, and the waterfront. This property represents the ultimate blend of plug-and-play convenience, verified luxury income, and blue-chip San Diego real estate.
Mortgage Calculator
Est. Monthly Payment
$6,956
Location
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Comparable Properties
5 comps foundThis Property
$4,902
Comp Average
$3,255
450 J St
2bd / 2ba · 993 sqft · Condo
$600K
Est. $3,697/mo
1480 Broadway
2bd / 2ba · 1,084 sqft · Condo
$575K
Est. $3,232/mo
450 J Street
2bd / 2ba · 1,016 sqft · Condo
$575K
Est. $3,162/mo
1465 C Street
2bd / 2ba · 1,050 sqft · Condo
$600K
Est. $3,197/mo
425 Beech
2bd / 2ba · 914 sqft · Condo
$599K
Est. $2,988/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
Rent − PITIA
Incl. vacancy, PM, maint, capex
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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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