11906 Paseo Lucido
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11906 Paseo Lucido #156

C

Rancho Bernardo, CA 92128

$699,000

Beds

2

Baths

2

Sqft

1,217

Year Built

1982

Days on Market

57

Property Type

Condo

HOA/mo

$560

MLS ID

260011462SD

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

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About This Property

Welcome to this inviting 2-bedroom, 2-bath condo nestled in the heart of Rancho Bernardo. The updated kitchen features quartz countertops, stainless steel appliances, an eat-at bar, and refreshed cabinetry, creating a bright and functional space for everyday living. The open-concept living and dining areas are filled with natural light, offering a peaceful northerly view and centered around a cozy fireplace that adds warmth and charm to the home. The spacious primary suite features vaulted ceilings, large sliding door offering a gentle breeze, walk-in closet, and an ensuite bath with dual vanities. Vaulted ceilings and updated luxury vinyl flooring throughout. Practical upgrades such as a newer water heater & washer and dryer in the attached first level garage, central A/C and heat, and fresh interior paint. Surrounded by mature trees and expansive greenbelts, the community offers a peaceful park-like setting. Residents enjoy access to the Bernardo Heights Community Center with pools, spa, fitness room, tennis, basketball, pickleball, and playgrounds. HOA dues also include common area maintenance, roof, balcony, water, trash, and exterior termite coverage. Conveniently located near shopping, restaurants, parks, and within the highly regarded Poway Unified School District, this home offers a wonderful blend of comfort, convenience, and community.

Mortgage Calculator

Est. Monthly Payment

$4,997

Principal & Interest$3,535
Property Tax$699
Insurance$204
HOA$560
%($139,800)
%

Location

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Investment Score

24D
Est. Monthly Rent
$3,125
Monthly Cashflow

Rent − PITIA

$-1,873
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,174

Mortgage (P+I)
$3,535
Cap Rate
0.62%
Cash-on-Cash
-27.24%
DSCR

Need ≥ 1.25 for DSCR loan

0.63
Break-even Rent
$7,247

NOI (Annual)
$4,329
Price-to-Rent

Lower = better for investors

18.6

* 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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