17439 Plaza Otonal
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17439 Plaza Otonal

Atop 10%

Rancho Bernardo, CA 92128Neighborhood: Rancho Bernardo

$565,000
NEW — 0d
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 4, 2026.

No unit in this 30-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: -$2,233/mo full cashflow at 20% down, 7.49% rate.

Works at $275,543 (51% under asking), or at 77% down.

Rent $3,448/mo from 12 leases of 2-bed condos & townhomes within 1 mi ($3,485–$3,974).

Beds

2

Baths

2

Sqft

1,431

Year Built

1978

Days on Market

0

Property Type

Condo

HOA/mo

$530

MLS ID

260026083SD

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

Virtual Tour

About This Property

Welcome to effortless single-level living in Oaks North, Rancho Bernardo’s resort-style 55+ community. This turnkey condo has been thoughtfully refreshed, with luxury vinyl plank flooring throughout, a freshly painted interior, BRAND new Samsung kitchen appliances. The open dining and living area flow to a private, tiled and covered back patio, where sunset and mountain views set the scene for warm California evenings. You’ll enjoy those same views from the bedrooms and bonus room. Two bedrooms plus a bonus room with custom built in Murphy bed give you flexible space for a home office, hobbies, or overnight guests. Large 2nd outdoor patio space out front is fully fenced with artificial turf, perfect for entertaining and pets. Spacious one-car garage plus ample guest parking right out front. The monthly HOA fee includes premium cable TV, water and more PLUS access to Oaks North Community Center. Life in Oaks North feels like resort living with access to tennis, pickleball, fitness center, sparkling pool and spa, billiards, a library, lawn bowling, scenic walking trails, a full calendar of clubs and classes and SO much more that the Community Center offers. Additional upgrades include new lighting fixtures and plantation shutters throughout. Just minutes from the Rancho Bernardo Inn, Bernardo Winery, several golf courses including nearby Oaks North Golf Course, parks, shopping, dining, and easy freeway access you will never want to leave!

Mortgage Calculator

Est. Monthly Payment

$4,417

Principal & Interest$3,157
Property Tax$565
Insurance$165
HOA$530
%($113,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Chaparral 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

52A
Est. Monthly Rent
$3,448

12 leases of 2-bed condos & townhomes within 1 mi · $3,485–$3,974

Blended 50/50 with the zip's market median ($3,240)

Monthly Cashflow

Rent − PITIA

-$969
Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,233

What would make this work?

$2,233/mo short at 20% down; 77% down or +$2,900/mo rent closes it.

Break-even price

51% under asking

$275,543
Break-even rent

$2,900/mo above the estimate

$6,348/mo
Cashflow at 35% down
−$1,641/mo
Down payment to break even

$435,050 cash

77%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$3,157
Cap Rate
2.33%
Cash-on-Cash
-23.72%
DSCR

Need ≥ 1.25 for DSCR loan

0.78

NOI (Annual)
$13,158
Price-to-Rent

Lower = better for investors

13.7

* 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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ACashflow−$2,233/mo