10284 Black Mountain Road #185
Btop 30%San Diego, CA 92126
6 licensed short-term rentals within ½ mile (1 whole home), from the cities' license and permit lists of Nov 1, 2026.
No unit in this 72-unit complex holds a short-term rental license, so nothing shows its HOA allows them. Get the CC&Rs before counting on short-term income.
Pass at asking: -$2,191/mo full cashflow at 20% down, 7.49% rate.
Works at $195,018 (59% under asking), or at 86% down.
Rent $2,642/mo from 10 leases of 1–3 bed condos & townhomes within 0.5 mi, same school area ($2,518–$2,664).
Beds
2
Baths
2
Sqft
913
Year Built
1978
Days on Market
90
Property Type
Condo
HOA/mo
$530
MLS ID
NDP2606899
This property is in San Diego (92126). View neighborhood stats →
About This Property
ATTENTION CASH INVESTORS AND "BEST BUY" INDIVIDUALS. YOU MUST CHECK OUT THIS REMODELED, MOVE-IN READY HOME. 2-bedroom, 2 full bathroom condo in the desirable Quail Creek community of Mira Mesa. The interior boasts new cabinetry, updated countertops, premium wide-plank flooring, fresh paint throughout, and stainless-steel appliances in the kitchen. FABULOUS LOCATION - Perched quietly at the top of the complex away from Black Mountain Road, this residence offers a peaceful setting with tree-lined patio views. The Quail Creek community features beautifully landscaped, park-like grounds with meandering streams, a sparkling pool, spas, a tennis court, and a outstanding on-site laundry facilities. Enjoy ultimate convenience near local play grounds, sports fields, hiking and biking trails, dining, shopping, restaurants, highly regarded San Diego schools, Mira Mar College, MCAS Miramar & Interstate 15. Whether you are a first-time buyer, or looking to downsize, or to invest this beautifully updated home offers comfort, convenience and an exceptional new price of $479,000!
Mortgage Calculator
Est. Monthly Payment
$3,825
Location
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Zoned Schools
Elementary
Walker 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.
Comparable Properties
5 comps foundThis Property
$2,642
Comp Average
$2,767
8470 Westmore
2bd / 2ba · 897 sqft · Condo
$519K
Est. $2,719/mo
10684 Dabney Drive
2bd / 2ba · 920 sqft · Condo
$539K
Est. $2,848/mo
10710 Aderman Ave
2bd / 2ba · 920 sqft · Condo
$559K
Est. $2,849/mo
10805 Camino Ruiz
2bd / 2ba · 912 sqft · Condo
$545K
Est. $2,769/mo
10290 Black Mountain Road
2bd / 2ba · 913 sqft · Condo
$525K
Est. $2,648/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
10 leases of 1–3 bed condos & townhomes within 0.5 mi, same school area · $2,518–$2,664
Blended 50/50 with a property-level estimate
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$2,191/mo short at 20% down; 86% down or +$2,845/mo rent closes it.
- Break-even price
- $195,018
- Break-even rent
- $5,487/mo
- Cashflow at 35% down
- −$1,689/mo
- Down payment to break even
- 86%
- Rate to break even
- Not reachable
59% under asking
$2,845/mo above the estimate
$411,940 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.49% 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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