211 47th Street

211 47th Street

Atop 10%

San Diego, CA 92113

$449,999
NEW — 0d
STR: check · no permits in this complex · TOT 12.75%

13 licensed short-term rentals within ½ mile (6 whole home), from the cities' license and permit lists of Nov 3, 2026.

No unit in this 11-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: -$1,455/mo full cashflow at 20% down, 7.49% rate.

Works at $261,414 (42% under asking), or at 67% down.

Rent $2,930/mo from 8 leases of 3-bed condos & townhomes within 2 mi ($2,551–$3,170).

Beds

3

Baths

2

Sqft

858

Year Built

1988

Days on Market

0

Property Type

Condo

HOA/mo

$240

MLS ID

PTP2608152

This property is in San Diego (92113). Browse neighborhood analytics →

Virtual Tour

About This Property

Incredible opportunity to own a 3-bedroom, 2-bath Corner unit condo in San Diego for under $500K.. Eligible for the City of San Diego’s Housing DPA, First-Time Homebuyer Assistance Program, Call LA 4 Details, subject to buyer and property approval. This beautifully updated, move-in-ready condo offers the perfect blend of modern comfort and convenience. Step inside to a bright and inviting open-concept living space, ideal for everyday living and entertaining. Enjoy the added convenience of a private one-car garage and a community laundry. Centrally located with easy access to major freeways, Downtown San Diego, shopping, dining, parks, and everyday essentials. Whether you’re looking for a place to call home or your next investment opportunity, this is one you won’t want to miss!

Mortgage Calculator

Est. Monthly Payment

$3,336

Principal & Interest$2,515
Property Tax$450
Insurance$131
HOA$240
%($90,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Porter Elementary · grades PK-6 · San Diego Unified

  • Middle

    Knox Middle · grades 6-8 · San Diego Unified

  • High

    Lincoln High · grades 9-12 · San Diego 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

3 comps found

This Property

$2,930

vs

Comp Average

$2,561

Comps based on same zip code, similar beds (±1), price range (60-150%).

Investment Score

69A
Est. Monthly Rent
$2,930

8 leases of 3-bed condos & townhomes within 2 mi · $2,551–$3,170

Blended 50/50 with the zip's market median ($3,057)

Monthly Cashflow

Rent − PITIA

-$406
Full Cashflow

Incl. vacancy, PM, maint, capex

-$1,455

What would make this work?

$1,455/mo short at 20% down; 67% down or +$1,889/mo rent closes it.

Break-even price

42% under asking

$261,414
Break-even rent

$1,889/mo above the estimate

$4,819/mo
Cashflow at 35% down
−$983/mo
Down payment to break even

$301,499 cash

67%
Rate to break even

at 20% down

0.39%

Mortgage (P+I)
$2,515
Cap Rate
3.22%
Cash-on-Cash
-19.39%
DSCR

Need ≥ 1.25 for DSCR loan

0.88

NOI (Annual)
$14,479
Price-to-Rent

Lower = better for investors

12.8

* 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−$1,455/mo