17461 Plaza Otonal
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17461 Plaza Otonal

C

Rancho Bernardo, CA 92128

$615,000
NEW — 2d

Soft Appraisal Value: $607,600 · 1.2% above estimate

Beds

2

Baths

2

Sqft

1,431

Year Built

1978

Days on Market

2

Property Type

Condo

HOA/mo

$530

MLS ID

260016981SD

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

Virtual Tour

About This Property

Single-story condominium offers a quiet and private location in the highly desirable 55+ Oaks North neighborhood. Thoughtful upgrades include quality KraftMaid cherry cabinetry with soft-close drawers throughout, Elfa closet organization systems in every closet, dual-pane windows and doors, plus fresh new carpeting, interior paint, and baseboards. The kitchen features granite countertops, tiled backsplash, reeded glass doors, abundant storage and recessed lighting. Adjacent to the kitchen, the formal dining room flows seamlessly into the spacious living room, where a cozy fireplace creates an inviting setting for everyday living or entertaining. The expansive primary suite offers dual closets and a private ensuite bath featuring a Silestone vanity and a walk-in shower. Down the hall, you'll find a comfortable secondary bedroom, an optional third bedroom currently configured as a home office with a built-in bookcase, and a full guest bath with a Silestone vanity and tub/shower combination. Two private patios, one facing north and one facing south, the ideal spaces for morning coffee, outdoor dining, or relaxing with friends. Additional conveniences include an indoor laundry room with the washer and dryer included, as well as a one-car garage. Residents of Oaks North enjoy access to the Oaks North Community Center with an impressive array of amenities, including a pool, tennis and pickleball courts, lawn bowling, fitness center, billiards, library, and a variety of social clubs and activities. Conveniently located near the Rancho Bernardo Inn, Bernardo Winery, numerous golf courses including Oaks North, shopping, and dining. This exceptional home truly has it all!

Mortgage Calculator

Est. Monthly Payment

$4,434

Principal & Interest$3,110
Property Tax$615
Insurance$179
HOA$530
%($123,000)
%

Location

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Investment Score

31C
Est. Monthly Rent
$2,913
Monthly Cashflow

Rent − PITIA

$-1,521
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,703

Mortgage (P+I)
$3,110
Cap Rate
0.79%
Cash-on-Cash
-26.37%
DSCR

Need ≥ 1.25 for DSCR loan

0.66
Break-even Rent
$6,424

NOI (Annual)
$4,878
Price-to-Rent

Lower = better for investors

17.6

* Defaults: 20% down, 6.5% rate, 30yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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