10211 Saluda Ave
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10211 Saluda Ave

Ctop 80%

San Diego, CA 92126

$1,020,000
STR-eligible · San Diego Tier 3 · TOT 12.75%

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

10 licensed short-term rentals within ½ mile (6 whole home), from the cities' license and permit lists of Nov 9, 2026.

Pass at asking: -$4,599/mo full cashflow at 20% down, 7.43% rate.

Works at $421,150 (59% under asking), or at 85% down.

Rent $4,201/mo from 8 leases of 2–4 bed houses within 1 mi ($3,944–$4,291).

Beds

3

Baths

2

Sqft

1,525

Year Built

1972

Days on Market

47

Property Type

Single Family

HOA/mo

N/A

MLS ID

260023406SD

This property is in San Diego (92126). View neighborhood stats →

Virtual Tour

About This Property

Welcome home to this beautifully refreshed 3-bedroom, 2-bathroom gem nestled in the heart of Mira Mesa. Thoughtfully updated throughout, this home blends modern finishes with everyday comfort, creating a move-in-ready space you'll love. Enjoy an open, light-filled layout perfect for both relaxing and entertaining, complemented by easy access to top-rated schools, shopping, and dining. Don't miss your chance to own this turnkey Mira Mesa retreat—

Mortgage Calculator

Est. Monthly Payment

$6,984

Principal & Interest$5,667
Property Tax$1,020
Insurance$297
%($204,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Mason Elementary · grades PK-5 · San Diego Unified

  • Middle

    Wangenheim Middle · grades 6-8 · San Diego Unified

  • High

    Mira Mesa 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

19C
Est. Monthly Rent
$4,201

8 leases of 2–4 bed houses within 1 mi · $3,944–$4,291

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$2,783
Full Cashflow

Incl. vacancy, PM, maint, capex

-$4,599

What would make this work?

$4,599/mo short at 20% down; 85% down or +$5,972/mo rent closes it.

Break-even price

59% under asking

$421,150
Break-even rent

$5,972/mo above the estimate

$10,173/mo
Cashflow at 35% down
−$3,536/mo
Down payment to break even

$867,000 cash

85%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$5,667
Cap Rate
1.50%
Cash-on-Cash
-27.05%
DSCR

Need ≥ 1.25 for DSCR loan

0.60

NOI (Annual)
$15,334
Price-to-Rent

Lower = better for investors

20.2

* 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.

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CCashflow−$4,599/mo