16470 Avenida Venusto #F
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16470 Avenida Venusto #F

Ctop 80%

Rancho Bernardo, CA 92128Neighborhood: Rancho Bernardo

$649,900
STR: check · no permits in this complex · TOT 11.75%

2 licensed short-term rentals within ½ mile (1 whole home), from the cities' license and permit lists of Nov 9, 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: -$3,236/mo full cashflow at 20% down, 7.43% rate.

Works at $228,547 (65% under asking), or at 92% down.

Rent $3,384/mo from 9 leases of 1–3 bed condos & townhomes within 1 mi, same school area ($3,347–$3,718).

Beds

2

Baths

2

Sqft

1,353

Year Built

1994

Days on Market

124

Property Type

Condo

HOA/mo

$850

MLS ID

260015872SD

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

Virtual Tour

About This Property

Panoramic views welcome you to 16470 Avenida Venusto, Unit F, a spacious 2-bedroom, 2-bath single-level condominium located in the Mira La Paz community of Rancho Bernardo. Situated on the top floor as an end unit with no neighbors above, this residence offers added privacy and comfortable living. The home features crown molding, decorative grid-style dual-pane windows, cordless cellular shades, decorative light fixtures, and an oversized detached 2-car garage with space for two sedan-sized vehicles. As part of Bernardo Heights, residents enjoy access to resort-style amenities including swimming pools, spa, tennis and pickleball courts, basketball, fitness and recreational facilities, walking trails, playgrounds, and more at the Bernardo Heights Clubhouse and Lucido Park. HOA fees include cable, internet, water, trash, sewer, roof maintenance, exterior insurance, common-area and exterior building maintenance, and landscaping. Conveniently located near shopping, dining, grocery stores, parks, and everyday essentials, with Carmel Mountain Ranch approximately 5–10 minutes away, Poway and Lake Hodges about 10–15 minutes away, and Downtown San Diego and area beaches approximately 25–35 minutes away, depending on traffic.

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Est. Monthly Payment

$5,300

Principal & Interest$3,610
Property Tax$650
Insurance$190
HOA$850
%($129,980)
%
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

28C
Est. Monthly Rent
$3,384

9 leases of 1–3 bed condos & townhomes within 1 mi, same school area · $3,347–$3,718

Blended 50/50 with the zip's market median ($3,251)

Monthly Cashflow

Rent − PITIA

-$1,916
Full Cashflow

Incl. vacancy, PM, maint, capex

-$3,236

What would make this work?

$3,236/mo short at 20% down; 92% down or +$4,203/mo rent closes it.

Break-even price

65% under asking

$228,547
Break-even rent

$4,203/mo above the estimate

$7,587/mo
Cashflow at 35% down
−$2,559/mo
Down payment to break even

$597,908 cash

92%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$3,610
Cap Rate
1.00%
Cash-on-Cash
-29.88%
DSCR

Need ≥ 1.25 for DSCR loan

0.64

NOI (Annual)
$6,521
Price-to-Rent

Lower = better for investors

16.0

* 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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CCashflow−$3,236/mo