877 Island Ave
1 / 20

877 Island Ave #203

C

San Diego, CA 92101

$999,000

Beds

1

Baths

2

Sqft

1,603

Year Built

2003

Days on Market

44

Property Type

Condo

HOA/mo

$920

MLS ID

260006282SD

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

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About This Property

Experience elevated loft living at Parkloft, one of Downtown San Diego’s most coveted addresses in the vibrant Ballpark District. This spacious residence features soaring 10-foot ceilings, exposed ductwork, solid oak flooring and an open-concept design which captures the essence of sophisticated urban living. The expansive floor to ceiling Pella windows open up to north-facing city views and the private terrace is equipped with gas hookups, perfect for alfresco dining and entertaining. The primary retreat offers a tranquil escape, featuring an attached spa-inspired bathroom with award-winning design showcased in SD Design Magazine. Parkloft residents enjoy a well appointed fitness center; 24-hour concierge and security services; on-site management ensuring exceptional care and convenience; and a serene landscaped courtyard with ambient fire features, BBQ’s and a club house with a kitchenette which opens up to a large outdoor dining table and sets the stage for effortless outdoor entertaining. Developed by Douglas Wilson Companies (developer of Symphony Towers), Parkloft embodies the timeless sophistication of Manhattan-style loft living, with a seamless balance of historic brick craftsmanship and modern elegance. Crafted of poured-in-place concrete and timeless brick, this 11-story boutique building features a limited collection of 120 residences. The Ballpark District spans 22 blocks surrounding Petco Park, where the Padres-affiliated Ballpark District Community Partnership provides daily clean-up services to maintain the area.

Mortgage Calculator

Est. Monthly Payment

$7,262

Principal & Interest$5,051
Property Tax$999
Insurance$291
HOA$920
%($199,800)
%

Location

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Investment Score

0D
Est. Monthly Rent
$2,850
Monthly Cashflow

Rent − PITIA

$-4,411
Full Cashflow

Incl. vacancy, PM, maint, capex

$-5,899

Mortgage (P+I)
$5,051
Cap Rate
-1.02%
Cash-on-Cash
-35.43%
DSCR

Need ≥ 1.25 for DSCR loan

0.39
Break-even Rent
$10,512

NOI (Annual)
$-10,176
Price-to-Rent

Lower = better for investors

29.2

* 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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