
11089 Clairemont Mesa Blvd Tierrasanta
Btop 30%San Diego, CA 92124
3 licensed short-term rentals within ½ mile (3 whole home), from the cities' license and permit lists of Nov 13, 2026.
No unit in this 39-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: -$2,673/mo full cashflow at 20% down, 7.36% rate.
Works at $260,217 (57% under asking), or at 84% down.
Rent $3,362/mo from 8 leases of condos & townhomes within 2 mi, size-adjusted ($3,000–$3,784).
Beds
2
Baths
1.5
Sqft
1,147
Year Built
1977
Days on Market
80
Property Type
Condo
HOA/mo
$600
MLS ID
260020689SD
This property is in San Diego (92124). Browse neighborhood analytics →
About This Property
Tierrasanta Gem in Villa Martinique just got an update! Welcome to this beautifully refreshed home in the desirable Villa Martinique community of Tierrasanta! Fresh interior paint, new carpeting, and an updated kitchen create a clean, inviting space that’s ready to enjoy. Offering peaceful canyon views, abundant natural light, and just one shared wall, this home strikes the perfect balance of privacy, comfort, and indoor-outdoor living. The updated kitchen features custom cabinetry, while refreshed bathroom vanities, recessed lighting, and air conditioning add to the home’s comfort and modern appeal. You’ll also appreciate the exceptional storage, including a convenient under-stair storage area, a spacious coat closet, and an exterior patio storage closet. Step outside to your private patio and enjoy San Diego’s beautiful year-round climate, whether you’re unwinding after a long day or entertaining friends and family. With nearby walking paths and open canyon space, the setting offers a peaceful retreat from the everyday. Enjoy two designated parking spaces, one covered and one uncovered. Villa Martinique residents also benefit from fantastic community amenities, including a private pool and tennis courts. Conveniently located near Tierrasanta’s parks, hiking trails, shopping, and highly regarded public schools, this home offers an inviting combination of comfort, convenience, and community. Discover the best of Tierrasanta living in this special Villa Martinique gem!
Mortgage Calculator
Est. Monthly Payment
$4,753
Location
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Zoned Schools
Elementary
Tierrasanta Elementary · grades K-5 · San Diego Unified
Middle
Farb Middle · grades 6-8 · San Diego Unified
or De Portola Middle · grades 6-8 · San Diego Unified
Choice area: the district lets families here pick either school.
High
Canyon Hills 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
$3,362
Comp Average
$3,198
11154 Portobelo Drive
2bd / 2ba · 1,226 sqft · Condo
$625K
Est. $3,250/mo
11306 Portobelo Drive
2bd / 2.5ba · 1,262 sqft · Condo
$649K
Est. $3,354/mo
6131 Calle Mariselda
2bd / 2.5ba · 1,068 sqft · Condo
$629K
Est. $3,104/mo
11196 Portobelo Dr
2bd / 2ba · 1,226 sqft · Condo
$669K
Est. $3,250/mo
11360 Portobelo Drive
2bd / 2ba · 1,068 sqft · Condo
$663K
Est. $3,034/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
8 leases of condos & townhomes within 2 mi, size-adjusted · $3,000–$3,784
Blended 50/50 with the zip's market median ($3,329)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$2,673/mo short at 20% down; 84% down or +$3,472/mo rent closes it.
- Break-even price
- $260,217
- Break-even rent
- $6,834/mo
- Cashflow at 35% down
- −$2,042/mo
- Down payment to break even
- 84%
- Rate to break even
- Not reachable
57% under asking
$3,472/mo above the estimate
$512,400 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.36% 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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