701 1st St

San Diego, San Diego, CA · 227 days on market · View on Zillow

701 1st St

$31M somewhere else buys…

9 bedrooms · 10 baths · 9,813 sqft · 19,001 sqft lot

Built 2011 · 8 Attached Garage spaces · Pool · $3159/sqft (city median $715)

Dream Home!! Luxurious bayfront living with beautiful city skyline views. This home has it all. Home has gone through an extensive remodel with 2 permitted additions no detail was over looked with some of the best views of Coronado bay this is a one of a kind property.

What this place offers

  • Private pool
  • Cooling: Central Air
  • 8 Attached Garage spaces
  • Garage
  • Top school rating 10/10 nearby

The numbers

$363K/yr

Property tax (actual rate)

$112K/yr

Insurance (quoted)

Price history

2020$18,900,000
2021$19,000,000
2022$17,250,000
2026 (asking)$30,999,999

Up 64% since 2020

$30,999,999

Down payment20% · $6,200,000
%
Mortgage (principal + interest)$155,125
Property tax$30,225
Home insurance$9,300
All-in monthly$194,650/mo

You'd need about $8,342,163/yr in household income (28% rule) plus $6,200,000 in cash.

Would rent for ~$6,968/mo · 0.3% gross yield

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