877 Island Avenue San Diego

877 Island Avenue San Diego

D

, CA 92101

$815,000

Beds

1

Baths

1.5

Sqft

1,257

Year Built

2003

Days on Market

19

Property Type

Condo

HOA/mo

$936.68

MLS ID

260003533SD

Description

Step into this stunning, fully reimagined 1 bedroom + den Parkloft residence where urban sophistication meets modern comfort. This New York–style loft showcases soaring 10-foot ceilings, newly added walls, and over $25K in custom Rustica glass and metal doors that define the space with style and function. The versatile den offers options for a guest room, home office, or creative retreat, while the open-concept living area perfectly balances industrial charm with modern warmth. The chef-inspired kitchen boasts dramatic quartz waterfall counters, full backsplash, high-end Samsung and Subzero appliances, and designer lighting that enhances every gathering. The spa-like primary bath features large-format tile, vivid lighting, dual vanities, a jetted soaking tub, and a walk-in frameless glass shower. French doors off the great room open to a private balcony—complete with a natural gas hookup—ideal for entertaining or simply relaxing in the heart of East Village’s vibrant Ballpark District. One SUV-sized parking space and private storage room also included. Attention to detail continues throughout this residence, from the built-out primary closet with mirrored barn door to the thoughtfully redesigned guest bath with custom vertical tile and curated fixtures. Additional upgrades include newer front-load laundry, custom built-ins for storage, hard-surface flooring throughout, and designer lighting in every room. Smart-home features such as a Nest thermostat and LED accent lighting provide added convenience and energy efficiency. Parkloft offers an exceptional urban lifestyle with an attended Zen-inspired lobby, state-of-the-art fitness center, beautifully landscaped courtyard, and resident lounge with kitchenette—perfect for entertaining. Just steps from Petco Park, the Gaslamp Quarter, and the Marina District, this move-in-ready home blends privacy and sophistication with the best of Downtown San Diego living.

Mortgage Calculator

Est. Monthly Payment

$6,110

Principal & Interest$4,121
Property Tax$815
Insurance$238
HOA$937
%($163,000)
%

Investment Score

27D
Est. Monthly Rent

Market Rent Estimate

$5,588
Monthly Cashflow

Rent − PITI − HOA

$-523
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,487

Mortgage (P+I)
$4,121
Cap Rate
2.41%
Cash-on-Cash
-3.85%
DSCR
1.36
Break-even Rent
$6,111

NOI (Annual)
$19,607
Price-to-Rent

Lower = better for investors

12.2

* Defaults: 20% down, 6.5% rate, 30yr.

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