12250 Corte Sabio #2210
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12250 Corte Sabio #2210

Btop 30%

Rancho Bernardo, CA 92128Neighborhood: Rancho Bernardo

$499,950
STR: check · no permits in this complex · TOT 11.75%

0 licensed short-term rentals within ½ mile (0 whole home), from the cities' license and permit lists of Nov 8, 2026.

No unit in this 50-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: -$2,219/mo full cashflow at 20% down, 7.43% rate.

Works at $211,011 (58% under asking), or at 84% down.

Rent $2,943/mo from 1 lease in this building.

Beds

2

Baths

2

Sqft

1,032

Year Built

1985

Days on Market

150

Property Type

Condo

HOA/mo

$645

MLS ID

OC26124763

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

About This Property

**** BACK ON THE MARKET **** Welcome to Bernardo Greens! This beautifully updated corner-unit condominium offers comfort, convenience, and an exceptional Rancho Bernardo lifestyle. Featuring 2 bedrooms, 2 bathrooms, and a detached one-car garage, this light and bright residence has been thoughtfully improved with fresh interior paint, a new furnace, new A/C compressor, new water heater, a new tub in the primary bath, new shower enclosure, and new carpet in the primary suite. The open floor plan flows seamlessly to a private balcony, creating the perfect space to relax and unwind. Complex conveniently includes elevator access and short stroll to the pool. HOA includes access to the Bernardo Heights Community Center, offering resort-style amenities including pools, tennis courts, pickleball courts, basketball courts, fitness facilities, and more. Ideally located near shopping, dining, golf, parks, and top-rated Poway Unified schools, this move-in-ready home is one you won't want to miss.

Mortgage Calculator

Est. Monthly Payment

$4,068

Principal & Interest$2,777
Property Tax$500
Insurance$146
HOA$645
%($99,990)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Highland Ranch Elementary · grades K-5 · Poway Unified

  • Middle

    Bernardo Heights Middle · grades 6-8 · Poway Unified

  • High

    Rancho Bernardo High · grades 9-12 · Poway 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

45B
Est. Monthly Rent
$2,943

1 lease in this building

Blended 50/50 with a property-level estimate

Thin data: only 1 lease behind this number.

Monthly Cashflow

Rent − PITIA

-$1,125
Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,219

What would make this work?

$2,219/mo short at 20% down; 84% down or +$2,882/mo rent closes it.

Break-even price

58% under asking

$211,011
Break-even rent

$2,882/mo above the estimate

$5,825/mo
Cashflow at 35% down
−$1,698/mo
Down payment to break even

$419,958 cash

84%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$2,777
Cap Rate
1.69%
Cash-on-Cash
-26.63%
DSCR

Need ≥ 1.25 for DSCR loan

0.72

NOI (Annual)
$8,468
Price-to-Rent

Lower = better for investors

14.2

* Modelled at 20% down, 7.43% 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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BCashflow−$2,219/mo