18585 Caminito Pasadero
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18585 Caminito Pasadero #432

B

Rancho Bernardo, CA 92128

$449,980
NEW — 3d

Soft Appraisal Value: $373,300 · 20.5% above estimate

Beds

1

Baths

1

Sqft

814

Year Built

1996

Days on Market

3

Property Type

Condo

HOA/mo

$607

MLS ID

260016764SD

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

About This Property

Welcome home to Morada at Bernardo Vista Del Lago, a gated community built around resort-style living. This thoughtfully reimagined condo is turn-key, ground-level, and tucked into an end-unit location that offers privacy few homes in the community can match. With 1 bedroom and 1 bath, it's built for a buyer who values lifestyle, comfort, and amenities. Every surface has been touched. The kitchen was rebuilt with new LG stainless steel appliances (included), quartz countertops, and soft-close white shaker cabinets. Adjustable LED recessed lighting brightens the space throughout, and high-end 9" wide LVP flooring with 4.5" baseboards flows through the home. Fresh paint from top to bottom completes the refresh. The primary bedroom offers a walk-in closet, a stylish barn door, and private hillside views right outside the window. Champagne bronze Moen and Delta kitchen and bath fixtures carry throughout, a large-format tile fireplace surround adds a warm focal point, with in-wall flat panel hookups. Step outside to a private patio with no neighbors behind you, one of the more peaceful spots in the community. The hillside views make it feel even more like a retreat. Residents also enjoy an impressive amenity package, including multiple pools and spas, a fitness center, a clubhouse and recreation room, tennis and pickleball courts, scenic walking trails, and beautifully maintained gated grounds. HOA Fees cover water, trash, exterior maintenance, limited insurance, guard gated security, and all amenities.

Mortgage Calculator

Est. Monthly Payment

$3,464

Principal & Interest$2,275
Property Tax$450
Insurance$131
HOA$607
%($89,996)
%

Location

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Investment Score

41C
Est. Monthly Rent
$2,503
Monthly Cashflow

Rent − PITIA

$-960
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,911

Mortgage (P+I)
$2,275
Cap Rate
0.97%
Cash-on-Cash
-25.48%
DSCR

Need ≥ 1.25 for DSCR loan

0.72
Break-even Rent
$4,985

NOI (Annual)
$4,372
Price-to-Rent

Lower = better for investors

15.0

* 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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