888 E

888 E #2405

D

San Diego, CA 92101

$1,935,000
NEW — 0d on market

Beds

2

Baths

2

Sqft

1,602

Year Built

2018

Days on Market

0

Property Type

Condo

HOA/mo

$2,309.46

MLS ID

260008021SD

View on MLS

Description

Perched on the 24th floor of Pacific Gate, Residence 2405 offers a rare corner layout with sweeping views of the downtown skyline, San Diego Bay and the Coronado Bridge. This 2BR/2BA residence features an open concept design with expansive windows and views from every room. The large private terrace is uniquely protected from wind while capturing stunning city lights and bay views, perfect for year-round indoor-outdoor living. The home is enhanced with premium upgrades including wood flooring throughout, heated primary bathroom floors and integrated smart home controls for lighting, climate and motorized shades. The modern kitchen showcases power-operated cabinets and a hidden built-in dog feeding station. Designer wallpaper adds a custom, sophisticated touch to the living room and primary suite. Both bedrooms feature custom closets by California Closets. The guest bedroom also includes a custom media and storage center, ideal for guests, a home office or flex space. Designed by Kohn Pedersen Fox, Pacific Gate offers a chef concierge, private yacht access, luxury car fleet, pool/spa, fitness center, steam/sauna, theater, business center and dog retreat.

Mortgage Calculator

Est. Monthly Payment

$14,593

Principal & Interest$9,784
Property Tax$1,935
Insurance$564
HOA$2,309
%($387,000)
%

Investment Score

0D
Est. Monthly Rent
$6,209
Monthly Cashflow

Rent − PITIA

$-8,384
Full Cashflow

Incl. vacancy, PM, maint, capex

$-11,424

Mortgage (P+I)
$9,784
Cap Rate
-1.02%
Cash-on-Cash
-35.42%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.43
Break-even Rent
$21,046

NOI (Annual)
$-19,680
Price-to-Rent

Lower = better for investors

26.0

* 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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