888 W E Street 2606

888 W E Street 2606

Dbottom 20%

San Diego, CA 92101

$1,799,000
NEW — 1d
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.

31 licensed short-term rentals within ½ mile (26 whole home), from the cities' license and permit lists of Nov 14, 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: -$10,230/mo full cashflow at 20% down, 7.36% rate.

Works at $460,497 (74% under asking); even all cash loses money at asking.

Rent $7,483/mo from 10 leases in this building ($6,640–$7,828).

Beds

2

Baths

2

Sqft

1,390

Year Built

2018

Days on Market

1

Property Type

Condo

HOA/mo

$2,243

MLS ID

260027070SD

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

About This Property

San Diego Bay and the downtown skyline come into view from the 26th floor of Pacific Gate. Expansive windows fill the open living and dining area with natural light, and a private covered terrace looks out to sailboats on the bay by day and city lights after dark. In the living room, a bespoke wood-slat feature wall w/ an electric fireplace and sconces adds warmth. The kitchen features Wolf, Miele and Sub-Zero appliances, a built-in wine fridge, and dimmable lighting beneath the peninsula. The two-bedroom, two-bath residence spans approximately 1,390 square feet, with bedrooms on opposite sides of the home for privacy. The primary suite features blackout shades and an en suite bath with a soaking tub and a separate glass-enclosed shower. Integrated smart-home controls and updated dimmable lighting in the kitchen and living room. Set along downtown San Diego's waterfront, Pacific Gate offers residents access to a private yacht share, a luxury car fleet and 24-hour concierge service. Amenities include a pool terrace with cabanas, a fitness center with sauna and steam room, a residents' lounge with catering kitchen, outdoor BBQ's, a screening room, a guest suite and an on-site restaurant. ____Supplement: The first all-glass Super Prime residential tower in San Diego offers an unprecedented waterfront lifestyle with sky-high amenities and picture-postcard views. Directly overlooking the waterfront, the 41-story tower contains an exclusive offering of homes designed by Hirsch Bedner Associates. Renowned New York-based architectural firm Kohn Pedersen Fox (KPF) created a landmark that reimagined the San Diego skyline. The custom-engineered glass walls dynamically reflect the hues of the sky and the Pacific Ocean. Pacific Gate has evolved the San Diego skyline and represents the future of the city. The building is comprised of two-nested curved glass towers that rise as a single column from a three-story ground floor retail podium on the north and west sides of the tower. Because of the building's curves and exterior glass, Pacific Gate offers a striking viewing experience from every vantage point. Residents arrive home to a beautifully landscaped motor court with a private luxury car fleet, which leads to a double-height lobby with a 24-hour concierge and porter services. Two levels of amenities boast a residents lounge ideal for events and everyday use, the fitness center contains an extensive range of state-of-the-art equipment. Adjacent to the fitness center is the steam and sauna retreats that open up to the fourth-floor pool terrace fitted with poolside cabanas and glass surround.

Mortgage Calculator

Est. Monthly Payment

$14,492

Principal & Interest$9,925
Property Tax$1,799
Insurance$525
HOA$2,243
%($359,800)
%
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
$7,483

10 leases in this building · $6,640–$7,828

Monthly Cashflow

Rent − PITIA

-$7,009
Full Cashflow

Incl. vacancy, PM, maint, capex

-$10,230

What would make this work?

$10,230/mo short at 20% down; +$13,285/mo rent closes it.

Break-even price

74% under asking

$460,497
Break-even rent

$13,285/mo above the estimate

$20,768/mo
Cashflow at 35% down
−$8,369/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)
$9,925
Cap Rate
0.05%
Cash-on-Cash
-34.12%
DSCR

Need ≥ 1.25 for DSCR loan

0.52

NOI (Annual)
$839
Price-to-Rent

Lower = better for investors

20.0

* Modelled at 20% down, 7.36% 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−$10,230/mo