16238 Avenida Venusto
Btop 30%Rancho Bernardo, CA 92128Neighborhood: Rancho Bernardo
2 licensed short-term rentals within ½ mile (1 whole home), from the cities' license and permit lists of Nov 3, 2026.
No unit in this 62-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: -$2,642/mo full cashflow at 20% down, 7.49% rate.
Works at $256,547 (57% under asking), or at 84% down.
Rent $3,674/mo from 14 leases of 2–4 bed condos & townhomes within 1 mi ($3,307–$4,004).
Beds
3
Baths
2
Sqft
1,311
Year Built
1991
Days on Market
0
Property Type
Condo
HOA/mo
$850
MLS ID
260026186SD
This property is in Rancho Bernardo (92128). View neighborhood stats →
About This Property
Welcome to this beautifully updated top-level, single-story condo in the highly desirable Mira La Paz community of Rancho Bernardo! Enjoy exceptional privacy with no common walls shared with neighbors and take in the awesome mountain views from your private balcony. This light-filled home features an open and airy floor plan with abundant natural light, vaulted ceilings, and a comfortable living space perfect for everyday living and entertaining. Fresh interior paint, a one-year-old HVAC system, brand new dual-pane no-grid windows, and a beautifully remodeled primary bath shower add modern comfort and style throughout the home. This property also offers the convenience of a detached two-car garage plus two additional driveway parking spaces. HOA covers water, trash, cable, internet, common area maintenance, and exterior landscaping, while also including membership to the renowned Bernardo Heights Clubhouse featuring heated pools, spa, fitness center, tennis courts, pickleball courts, and more. Ideally located close to shopping, dining, golf courses, parks, and easy freeway access, and just minutes from Rancho Bernardo High School, this home offers the perfect blend of comfort, convenience, and resort-style living in the heart of Rancho Bernardo.
Mortgage Calculator
Est. Monthly Payment
$4,971
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.
Comparable Properties
5 comps foundThis Property
$3,674
Comp Average
$3,545
17465 Plaza Cerado
2bd / 2ba · 1,295 sqft · Condo
$600K
Est. $3,606/mo
11235 Avenida De Los Lobos
3bd / 2ba · 1,230 sqft · Condo
$650K
Est. $3,450/mo
17862 Avenida Cordillera
3bd / 2ba · 1,350 sqft · Condo
$736K
Est. $3,711/mo
16130 Avenida Venusto
2bd / 2ba · 1,277 sqft · Condo
$599K
Est. $3,316/mo
12855 Via Moura
3bd / 2ba · 1,350 sqft · Condo
$760K
Est. $3,640/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
14 leases of 2–4 bed condos & townhomes within 1 mi · $3,307–$4,004
Blended 50/50 with the zip's market median ($3,832)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$2,642/mo short at 20% down; 84% down or +$3,431/mo rent closes it.
- Break-even price
- $256,547
- Break-even rent
- $7,105/mo
- Cashflow at 35% down
- −$2,014/mo
- Down payment to break even
- 84%
- Rate to break even
- Not reachable
57% under asking
$3,431/mo above the estimate
$503,160 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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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