10403 Adamson
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10403 Adamson

Ctop 80%

San Diego, CA 92126

$1,049,999
STR: check · no permits in this complex · TOT 12.75%

1 licensed short-term rental within ½ mile (1 whole home), from the cities' license and permit lists of Oct 31, 2026.

No unit in this 56-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: -$5,714/mo full cashflow at 20% down, 7.49% rate.

Works at $309,131 (71% under asking), or at 98% down.

Rent $3,312/mo from 11 leases of 2-bed condos & townhomes within 2 mi ($3,881–$4,175).

Beds

2

Baths

2.5

Sqft

1,669

Year Built

2023

Days on Market

44

Property Type

Townhouse

HOA/mo

$166

MLS ID

260022685SD

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

About This Property

A distinctive three-level residence in Atwood at 3Roots! This floor plan creates meaningful separation between guest, living and primary spaces. The entry level includes an attached two-car garage and a private secondary bedroom with its own full bath and walk-in closet. One level above, the kitchen and main living areas are defined by tall ceilings, oversized windows and abundant natural light, with northeast and southwest exposures providing cross-ventilation. A private deck extends directly from the living area, while a powder room serves this central level. The upper floor has been thoughtfully modified from the original open-loft configuration, with custom doors providing additional separation and privacy. The spacious primary suite accommodates a queen or king bed, with a cozy sitting area nestled beneath the windows. An en-suite bathroom and walk-in closet complete this inviting private retreat. Beyond the sleeping area, the upper level incorporates dedicated office space and concealed laundry cabinetry. The custom doors can remain closed for greater privacy or opened to restore the volume and natural light of the original architectural design. Additional improvements include fully paid-off solar and 220V wiring in the garage for a future EV charger. The home’s position provides an open outlook along the street rather than directly toward another residence. 3Roots places an extensive collection of recreational and outdoor amenities throughout the community, including the Fit & Rec Center, fitness facilities and programming, pools and spa, cabanas and outdoor lounging areas, fire pit and gathering spaces, parks, playgrounds, landscaped open space and an interconnected network of walking, biking and canyon trails. Together, these spaces create opportunities for fitness, recreation and gathering throughout the neighborhood. Its central location also provides convenient access to Sorrento Valley, UTC/La Jolla, UC San Diego and the area’s concentration of technology, biotechnology and medical employment centers, including the UC San Diego Health La Jolla medical campus.

Mortgage Calculator

Est. Monthly Payment

$7,390

Principal & Interest$5,868
Property Tax$1,050
Insurance$306
HOA$166
%($210,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Jonas Salk Elementary · grades K-5 · San Diego Unified

  • Middle

    Challenger 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

4C
Est. Monthly Rent
$3,312

11 leases of 2-bed condos & townhomes within 2 mi · $3,881–$4,175

Blended 50/50 with the zip's market median ($2,658)

Monthly Cashflow

Rent − PITIA

-$4,078
Full Cashflow

Incl. vacancy, PM, maint, capex

-$5,714

What would make this work?

$5,714/mo short at 20% down; 98% down or +$7,421/mo rent closes it.

Break-even price

71% under asking

$309,131
Break-even rent

$7,421/mo above the estimate

$10,733/mo
Cashflow at 35% down
−$4,614/mo
Down payment to break even

$1,028,999 cash

98%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$5,868
Cap Rate
0.36%
Cash-on-Cash
-32.65%
DSCR

Need ≥ 1.25 for DSCR loan

0.45

NOI (Annual)
$3,826
Price-to-Rent

Lower = better for investors

26.4

* 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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CCashflow−$5,714/mo