
2420 Community Ln #34
Ctop 80%San Diego, CA 92108
8 licensed short-term rentals within ½ mile (3 whole home), from the cities' license and permit lists of Nov 10, 2026.
No unit in this 62-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: -$5,485/mo full cashflow at 20% down, 7.43% rate.
Works at $425,804 (63% under asking), or at 90% down.
Rent $5,208/mo from 11 leases of 3-bed condos & townhomes within 0.5 mi, same school area ($4,700–$5,261).
Beds
3
Baths
2.5
Sqft
1,628
Year Built
2020
Days on Market
60
Property Type
Condo
HOA/mo
$740
MLS ID
260022247SD
This property is in San Diego (92108). View neighborhood stats →
About This Property
Welcome to 2420 Community Lane #34 in Civita’s desirable Elevate neighborhood. This move-in ready 3 bedroom, 2.5 bathroom residence offers approximately 1,628 sq. ft. of single-level living with soaring 10-foot ceilings and abundant natural light. The open-concept kitchen, dining, and living areas flow seamlessly to a private patio through a dramatic bi-fold door system, creating an ideal indoor-outdoor setting for everyday living and entertaining. The kitchen features white cabinetry, quartz countertops, stainless steel appliances, a large center island, and custom rollout cabinet shelving. Recently painted and refreshed with brand new carpet, the home also features custom-built entry cabinetry, multiple custom bedroom closets, a private laundry room, and a private 2-car garage. Enjoy modern, low-maintenance living in the heart of Civita with parks, recreation, trails, and community amenities nearby. 2420 Community Lane #34 combines the convenience of single-level living with the contemporary design Elevate is known for. The spacious main living area is highlighted by 10-foot ceilings, recessed LED lighting, large windows, and a WinDoor bi-fold door system that opens the living space directly to the private patio. Thoughtful improvements throughout the home add both style and functionality, including custom rollout shelving within the kitchen cabinetry, custom-built entryway storage, and multiple custom closet systems in the bedrooms. The home has also been recently painted and refreshed with brand new carpet, making it ready for its next owner. Additional features include quartz kitchen countertops, stainless steel appliances, window coverings, a dedicated laundry room, and a private 2-car garage. Residents of Elevate enjoy convenient access to Civita Park, walking trails, playgrounds, dog parks, and the Civita Recreation Center with resort-style pools, fitness facilities, outdoor lounge areas, and community gathering spaces. The home is also conveniently located near The Row, where future retail and dining are proposed, including a proposed Jimbo’s Natural Family Foods, further adding to Civita’s walkable, connected lifestyle.
Mortgage Calculator
Est. Monthly Payment
$8,546
Location
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Zoned Schools
Elementary
Nipaquay Elementary · grades K-5 · San Diego Unified
Middle
Taft Middle · grades 6-8 · San Diego Unified
High
Kearny Digital Media & Design · grades 9-12 · San Diego Unified
or Kearny School of Biomedical Science and Technology · grades 9-12 · San Diego Unified
or Kearny College Connections · grades 9-12 · San Diego Unified
or Kearny Eng Innov & Design · grades 9-12 · San Diego Unified
Choice area: the district lets families here pick either school.
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
$5,208
Comp Average
$4,949
2750 Everly Drive
3bd / 2.5ba · 1,458 sqft · Condo
$1.20M
Est. $5,089/mo
8571 Aspect Dr
3bd / 2.5ba · 1,666 sqft · Condo
$1.30M
Est. $5,694/mo
2757 Everly Drive
3bd / 2.5ba · 1,458 sqft · Condo
$1.13M
Est. $4,418/mo
8383 Distinctive
3bd / 2ba · 1,653 sqft · Condo
$1.20M
Est. $4,573/mo

8566 Aspect Drive
2bd / 2ba · 1,656 sqft · Condo
$1.40M
Est. $4,972/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
11 leases of 3-bed condos & townhomes within 0.5 mi, same school area · $4,700–$5,261
Blended 50/50 with a property-level estimate
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$5,485/mo short at 20% down; 90% down or +$7,123/mo rent closes it.
- Break-even price
- $425,804
- Break-even rent
- $12,331/mo
- Cashflow at 35% down
- −$4,298/mo
- Down payment to break even
- 90%
- Rate to break even
- Not reachable
63% under asking
$7,123/mo above the estimate
$1,026,000 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.43% 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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