09Jul
By: Favio Ortega On: July 9, 2018 In: Columbia District, Downtown San Diego Comments: 0

Buy Of The Week – Most Affordable Electra Residence

Electra is located in Downtown San Diego’s Columbia District and is currently the tallest residential building in San Diego. This elegant luxury community was built in 2007 by Bosa Development and features some of the best city and bay views. Electra offers the upscale amenities you would expect in a luxury tower such as a, 24-hour lobby attendant, security, community room, fully equipped fitness facility, pool, spa, steam room, sauna and a grass area with BBQ’s. Its unique community room known as the “Atrium” is one of the most elegant entertainment facilities in any of the buildings in Downtown San Diego.

Electra Pool, Columbia District, San Diego
Click Here to see Photos & Details

*Listing Courtesy Of  “Campbell & Kaplan Real Estate”

Electra Condo For Sale:

  • 1 Bedroom
  • 1 Bathroom
  • 827 Square Feet
  • 2 Story Residence
  • 3rd and 4th Floors
  • High Ceilings/Large Windows
  • North Orientation
  • 1 Parking Space
  • Offered at $389,900
  • Homeowners Dues: $850/mo

Text “BOTW” to (619) 430-4212 for the latest “Buy of the Week”

Why is this a great option?

Electra is a very sought after building due to its location and elegant design. In my opinion, this is one of the best located buildings in the Columbia District due to its proximity to Seaport Village, Little Italy and the Embarcadero. This type of living usually comes at a high price but this week’s “Buy Of The Week” features an affordable alternative for those looking to get a taste of living at a lavish high rise. Currently priced at $389,000 this property is not only the most affordable residence in all of Columbia District but the most affordable residence at Electra in the last 5 years! This can also be a great opportunity for someone looking for a second home in San Diego rather than paying a hotel every time they visit. Or, if you’re looking for an investment, this residence could yield over 3% return on investment if purchased with cash.

Cash Purchase
Purchase Price: $389,000
Interest Rate 4.00%
Property Taxes(monthly): $383
HOA Dues (monthly): $850
Est. Insurance (monthly): $50
Total Monthly: $1,283
Estimated Monthly Rent: $2,300.00
Est. Net Monthly: $1,017.48
Return on Investment: 3.14%

There are many additions coming to the San Diego Bayfront, most of which are nonresidential developments such as shopping, fine dining and entertainment. Take advantage of this “Buy Of The Week” and get in on the excitement!

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And Always Remember, It Matters Who You Work With!

Give me a call today at (619) 564-2668 or email me at Favio@livingthesandiegolife.com for more information or to schedule a tour of the neighborhood! DRE#02009023

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