889 Date St.

889 Date St. #116

D

San Diego, CA 92101

$459,000
NEW — 4d on market

Beds

1

Baths

1

Sqft

606

Year Built

2007

Days on Market

4

Property Type

Condo

HOA/mo

$612.9

MLS ID

260006823SD

View on MLS

Description

Located in the desirable Cortez Hill neighborhood, this well maintained residence at Aloft offers comfortable downtown living with strong investment appeal. The unit features luxury flooring installed approximately 1.5 years ago, a new dishwasher, an open, functional layout, and a semi private patio ideal for indoor&outdoor living. As a convenient dual access, it offers easy entry without relying on elevators. Offered furnished for a turnkey opportunity, it has a proven history of consistent rental income. The VA approved building offers concierge services, a fitness center, pool, and spa, and is ideally located near Little Italy, the Gaslamp Quarter, Balboa Park, and major freeways, making it an excellent option for both owner occupants and investors.

Mortgage Calculator

Est. Monthly Payment

$3,527

Principal & Interest$2,321
Property Tax$459
Insurance$134
HOA$613
%($91,800)
%

Investment Score

2D
Est. Monthly Rent
$2,474
Monthly Cashflow

Rent − PITIA

$-1,053
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,004

Mortgage (P+I)
$2,321
Cap Rate
0.83%
Cash-on-Cash
-26.20%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.70
Break-even Rent
$5,077

NOI (Annual)
$3,799
Price-to-Rent

Lower = better for investors

15.5

* 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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