11896 Paseo Lucido

11896 Paseo Lucido #121

C

Rancho Bernardo, CA 92128

$705,000

Soft Appraisal Value: $695,500 · 1.4% above estimate

Beds

2

Baths

2.5

Sqft

1,368

Year Built

1982

Days on Market

49

Property Type

Townhouse

HOA/mo

$560

MLS ID

260010254SD

This property is in Rancho Bernardo (92128). View neighborhood stats →

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About This Property

This Bernardo Heights end-unit townhome checks all the boxes: walkability, a convenient central location, great schools, incredible HOA amenities, direct garage access, plentiful parking, and full-size washer and dryer. Light and bright throughout, the main level features an open living and dining area, a beautiful kitchen, a remodeled powder room, a spacious front porch, and a patio off the living room with sunset views and easy indoor-outdoor living. The lower level includes two comfortable ensuite bedrooms with remodeled bathrooms, plus a hallway office nook and oversized storage closet. The primary suite opens to its own private outdoor space with a garden bed and trellis, offering a charming area to personalize. Set within the highly rated Poway Unified School District, this home is close to shopping, dining, schools, and close freeway access. The HOA provides remarkable value, with coverage for exterior maintenance, roof, balcony, patio, water, trash, pest and termite service, plus access to Bernardo Heights Community Center and Lucido Park amenities, including pools, fitness, spa, tennis, pickleball, basketball, playgrounds, trails, and private park spaces. With thoughtful features, generous amenities, and easy access to daily essentials, this home offers a lifestyle that is both practical and inviting.

Mortgage Calculator

Est. Monthly Payment

$5,035

Principal & Interest$3,565
Property Tax$705
Insurance$206
HOA$560
%($141,000)
%

Location

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Investment Score

27D
Est. Monthly Rent
$3,276
Monthly Cashflow

Rent − PITIA

$-1,760
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,101

Mortgage (P+I)
$3,565
Cap Rate
0.79%
Cash-on-Cash
-26.39%
DSCR

Need ≥ 1.25 for DSCR loan

0.65
Break-even Rent
$7,303

NOI (Annual)
$5,568
Price-to-Rent

Lower = better for investors

17.9

* 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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