
17439 Plaza Otonal
Atop 10%Rancho Bernardo, CA 92128Neighborhood: Rancho Bernardo
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 →
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!
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Est. Monthly Payment
$4,417
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.
Comparable Properties
5 comps foundThis Property
$3,448
Comp Average
$3,489
17453 Plaza Cerado
2bd / 2ba · 1,455 sqft · Condo
$625K
Est. $3,760/mo
17465 Plaza Animado
2bd / 2ba · 1,455 sqft · Condo
$645K
Est. $3,518/mo
12491 Rios
2bd / 2ba · 1,358 sqft · Condo
$639K
Est. $3,359/mo
16641 Roca Drive
2bd / 2ba · 1,358 sqft · Condo
$639K
Est. $3,359/mo
12724 Via Nasca
2bd / 2ba · 1,388 sqft · Condo
$725K
Est. $3,450/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
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)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$2,233/mo short at 20% down; 77% down or +$2,900/mo rent closes it.
- Break-even price
- $275,543
- Break-even rent
- $6,348/mo
- Cashflow at 35% down
- −$1,641/mo
- Down payment to break even
- 77%
- Rate to break even
- Not reachable
51% under asking
$2,900/mo above the estimate
$435,050 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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