10331 Azuaga Street
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10331 Azuaga Street #231

B

Rancho Peñasquitos, CA 92129

$540,000

Soft Appraisal Value: $527,000 · 2.5% above estimate

Beds

2

Baths

2

Sqft

881

Year Built

1990

Days on Market

51

Property Type

Condo

HOA/mo

$412

MLS ID

NDP2603103

This property is in Rancho Peñasquitos (92129). View neighborhood stats →

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About This Property

Beautifully priced and move-in ready 2 bedroom, 2 bath ground-floor condo in the highly desirable Rancho Peñasquitos community of San Diego. Offering an exceptional combination of value, location, and comfort, this well-maintained 92129 home features attractive flooring throughout, new carpet in the spacious primary bedroom, and a functional open layout ideal for everyday living. The ground-floor location provides easy access and convenient living, while the community itself is known for its proximity to shopping, dining, parks, hiking trails, and quick freeway access for commuters. Located within the award-winning Poway Unified School District, this home presents a fantastic opportunity for first-time buyers, downsizers, owner-occupants, or investors seeking long-term value in one of North County San Diego’s most sought-after areas. With limited inventory in Rancho Peñasquitos and strong buyer demand for well-positioned homes in this price range, this condo stands out as an outstanding opportunity in today’s market.

Mortgage Calculator

Est. Monthly Payment

$3,840

Principal & Interest$2,731
Property Tax$540
Insurance$157
HOA$412
%($108,000)
%

Location

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Investment Score

46B
Est. Monthly Rent
$2,910
Monthly Cashflow

Rent − PITIA

$-930
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,049

Mortgage (P+I)
$2,731
Cap Rate
1.51%
Cash-on-Cash
-22.76%
DSCR

Need ≥ 1.25 for DSCR loan

0.76
Break-even Rent
$5,571

NOI (Annual)
$8,180
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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