17637 Pomerado Rd #225
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17637 Pomerado Rd #225

Atop 10%

Rancho Bernardo, CA 92128Neighborhood: Rancho Bernardo

$362,500
STR: check · no permits in this complex · TOT 11.75%

3 licensed short-term rentals within ½ mile (2 whole home), from the cities' license and permit lists of Nov 2, 2026.

No unit in this 85-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: -$1,186/mo full cashflow at 20% down, 7.49% rate.

Works at $208,798 (42% under asking), or at 67% down.

Rent $2,993/mo from 2 leases in this building (±1 bed) ($2,693–$3,292).

Beds

1

Baths

1

Sqft

831

Year Built

1979

Days on Market

45

Property Type

Condo

HOA/mo

$694

MLS ID

260022761SD

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

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About This Property

Welcome to effortless, resort-style living in one of San Diego's most beloved 55+ communities. This spacious one-bedroom, one-bath condo has been meticulously maintained and is truly move-in ready. The bright white kitchen opens seamlessly to the living room, perfect for entertaining or simply enjoying the open, airy feel. Step onto your large private balcony and take in views of mature pines, your own quiet escape. Add a full bathroom, in-unit washer/dryer, an assigned enclosed garage, and an access-controlled building with elevator and ample guest parking, and you've got easy, stress-free living from day one. Oaks North Village isn't just a neighborhood, it's a lifestyle. Golf lovers will appreciate living moments from the 27-hole Oaks North Golf Course, while the community center serves up its own endless lineup of amenities: pickleball, tennis, pool, spa, sauna, fitness center, lawn bowling, ceramics, woodshop, art studios, billiards, ping-pong, a library, hiking club, and performing arts. Something new to try every day! Just 25 minutes to the beach and 10 minutes from two top performing arts centers, you're minutes from it all while tucked into a peaceful, social community. HOA dues even cover high-speed internet, premium cable, water, sewer, trash, and exterior maintenance, true low-maintenance living. Turnkey. Spacious. Resort-style amenities. This is 55+ living done right, don't miss it!

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Est. Monthly Payment

$3,188

Principal & Interest$2,026
Property Tax$363
Insurance$106
HOA$694
%($72,500)
%
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

71A
Est. Monthly Rent
$2,993

2 leases in this building (±1 bed) · $2,693–$3,292

Thin data: only 2 leases behind this number.

Monthly Cashflow

Rent − PITIA

-$195
Full Cashflow

Incl. vacancy, PM, maint, capex

-$1,186

What would make this work?

$1,186/mo short at 20% down; 67% down or +$1,540/mo rent closes it.

Break-even price

42% under asking

$208,798
Break-even rent

$1,540/mo above the estimate

$4,533/mo
Cashflow at 35% down
−$806/mo
Down payment to break even

$242,875 cash

67%
Rate to break even

at 20% down

0.28%

Mortgage (P+I)
$2,026
Cap Rate
3.28%
Cash-on-Cash
-19.63%
DSCR

Need ≥ 1.25 for DSCR loan

0.94

NOI (Annual)
$11,876
Price-to-Rent

Lower = better for investors

10.1

* 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−$1,186/mo