2648 Prato Ln
Ctop 80%San Diego, CA 92108
6 licensed short-term rentals within ½ mile (3 whole home), from the cities' license and permit lists of Nov 3, 2026.
No unit in this 24-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: -$3,587/mo full cashflow at 20% down, 7.49% rate.
Works at $333,970 (58% under asking), or at 85% down.
Rent $3,954/mo from 11 leases of 1–3 bed condos & townhomes within 1 mi ($3,591–$4,469).
Beds
2
Baths
2
Sqft
1,297
Year Built
2004
Days on Market
45
Property Type
Condo
HOA/mo
$469
MLS ID
260022894SD
This property is in San Diego (92108). View neighborhood stats →
About This Property
Distinctive and versatile, this home offers two primary suites—one on each level—plus a separate den/office that easily adapts to your needs. The living area is filled with natural light and opens to a generous balcony, creating an inviting space to relax or entertain. Modernized with luxury vinyl flooring and sleek black iron railings, the home also features high ceilings, an attached two-car garage and plenty of windows that bring in an abundance of light. A unique floor plan with the space and flexibility to accommodate guests, a home office or simply provide room to spread out. Behind the gates, residents enjoy an array of community amenities including two pools, spa, tennis courts, a fitness center, dog park, clubhouse and onsite management. Conveniently located near downtown, shopping, restaurants, freeways, beaches and Snapdragon Stadium, this home is ideal for those looking for convenience and an easy San Diego lifestyle.
Mortgage Calculator
Est. Monthly Payment
$5,966
Location
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Zoned Schools
Elementary
Juarez 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
$3,954
Comp Average
$3,560
2958 Escala Circle
3bd / 3ba · 1,279 sqft · Condo
$775K
Est. $4,199/mo
2696 Bellezza Drive
2bd / 2.5ba · 1,204 sqft · Condo
$825K
Est. $3,876/mo
580 Camino De La Reina
2bd / 2ba · 1,274 sqft · Condo
$625K
Est. $3,119/mo
580 Camino De La Reina
2bd / 2ba · 1,274 sqft · Condo
$650K
Est. $3,119/mo
8233 Station Village Ln
2bd / 2ba · 1,274 sqft · Condo
$710K
Est. $3,488/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
11 leases of 1–3 bed condos & townhomes within 1 mi · $3,591–$4,469
Blended 50/50 with a property-level estimate
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$3,587/mo short at 20% down; 85% down or +$4,659/mo rent closes it.
- Break-even price
- $333,970
- Break-even rent
- $8,613/mo
- Cashflow at 35% down
- −$2,750/mo
- Down payment to break even
- 85%
- Rate to break even
- Not reachable
58% under asking
$4,659/mo above the estimate
$679,150 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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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