888 E St #2602
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888 E St #2602

Dbottom 20%

San Diego, CA 92101

$2,669,900
STR-eligible · San Diego Tier 3 · TOT 13.75%

One license per person in San Diego: whether you can hold it depends on you, not only the home.

37 licensed short-term rentals within ½ mile (32 whole home), from the cities' license and permit lists of Nov 11, 2026.

1 short-term rental license on file in this 90-unit complex, so its HOA has allowed them. Confirm in the CC&Rs: an HOA can ban stays under 30 days (Civ. Code §4741).

Pass at asking: -$16,312/mo full cashflow at 20% down, 7.43% rate.

Works at $546,188 (80% under asking); even all cash loses money at asking.

Rent $8,530/mo from 10 leases in this building ($7,569–$8,923).

Beds

2

Baths

2.5

Sqft

1,806

Year Built

2018

Days on Market

96

Property Type

Condo

HOA/mo

$2,373.45

MLS ID

260019298SD

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

Virtual Tour

About This Property

Imagine waking up to a living canvas where the boundaries between sea, sky, and city completely melt away. This 26th-floor northwest corner haven at Pacific Gate commands a continuous, architectural arc of floor-to-ceiling glass that captures San Diego’s ultimate waterfront vantage point. Your daily backdrop sweeps seamlessly from the historic Embarcadero and Point Loma’s rolling hills, across deep-water shipping channels, down to the illuminated curves of the Coronado Bridge. Inside, the open-concept design and versatile den space prioritize effortless flow and panoramic vistas over structural clutter, creating a sophisticated environment anchored by a premium chef's kitchen and a private wine display. Situated at the front edge of the coveted Columbia District, this tower offers a lifestyle akin to a permanent stay at a world-class resort. From the moment the 24/7 doorman greets you or the dedicated Chef Concierge seamlessly handles your day's reservations and personal requests, the experience opens into curated luxury. Enjoy a morning workout in the state-of-the-art fitness deck, an afternoon lounging in a private poolside cabana, or an evening watching the sunset over the Pacific. True urban sophistication means absolute convenience, from pet-friendly perks like an on-site spa to the ultimate maritime indulgence: setting sail via the building’s exclusive private yacht share program with unrestricted ocean access. This is more than an apartment; it is a front-row seat to the very best of downtown waterfront living.

Mortgage Calculator

Est. Monthly Payment

$20,654

Principal & Interest$14,832
Property Tax$2,670
Insurance$779
HOA$2,373
%($533,980)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Washington Elementary · grades PK-5 · San Diego Unified

  • Middle

    Roosevelt International Middle · grades 6-8 · San Diego Unified

  • High

    San Diego High · grades 9-12 · San Diego Unified

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Investment Score

0D
Est. Monthly Rent
$8,530

10 leases in this building · $7,569–$8,923

Monthly Cashflow

Rent − PITIA

-$12,125
Full Cashflow

Incl. vacancy, PM, maint, capex

-$16,312

What would make this work?

$16,312/mo short at 20% down; +$21,184/mo rent closes it.

Break-even price

80% under asking

$546,188
Break-even rent

$21,184/mo above the estimate

$29,714/mo
Cashflow at 35% down
−$13,531/mo
Down payment to break even

Negative even all-cash

Not reachable
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$14,832
Cap Rate
-0.47%
Cash-on-Cash
-36.66%
DSCR

Need ≥ 1.25 for DSCR loan

0.41

NOI (Annual)
-$12,632
Price-to-Rent

Lower = better for investors

26.1

* Modelled at 20% down, 7.43% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

Open Full Calculator
DCashflow−$16,312/mo