
2855 5th #202
Dbottom 20%San Diego, CA 92103
57 licensed short-term rentals within ½ mile (34 whole home), from the cities' license and permit lists of Nov 13, 2026.
No unit in this 60-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: -$15,552/mo full cashflow at 20% down, 7.36% rate.
Works at $139,890 (94% under asking); even all cash loses money at asking.
Rent $4,294/mo from 12 leases of 1–3 bed condos & townhomes within 0.5 mi ($4,463–$5,395).
Beds
2
Baths
2.5
Sqft
1,920
Year Built
2018
Days on Market
1
Property Type
Condo
HOA/mo
$2,237.11
MLS ID
260026910SD
This property is in San Diego (92103). View neighborhood stats →
About This Property
Discover a rare opportunity at The Park in Bankers Hill with this exceptional single-level residence home on the second floor, perfectly positioned for effortless access to the building's resort-inspired amenities and guest suites. This one-of-a-kind home is a dream for pet owners and avid walkers, offering direct, convenient access to the outdoors and the vibrant energy of Balboa Park just across the street. Inside, floor-to-ceiling windows bathe the open-concept living space in natural light, highlighting a chef's kitchen with Miele appliances, Italian Boffi cabinetry, and a striking Caesar stone waterfall island, all complemented by Du Château hardwood floors and custom lighting. The generous primary suite provides a serene retreat with a spa-like bath and a large walk-in closet, while additional bedroom suite on the other side of the condo offers flexibility for guests or a home office. Practical luxuries include side-by-side parking with EV charging and a spacious private storage unit. Residents enjoy an unmatched level of service and access to a pool and spa, a state-of-the-art fitness center, a yoga studio, a club-room, an outdoor lounge with fire pits and barbecues, a temperature-controlled wine room, a pet spa, and two fully furnished guest suites available five nights a month for a nominal cleaning fee. Set across from the cultural, culinary, and coastal attractions of San Diego, this home presents an unparalleled opportunity to embrace an elevated lifestyle in one of the city's most architecturally significant buildings.
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Est. Monthly Payment
$17,046
Location
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Zoned Schools
Elementary
Florence Elementary · grades PK-5 · San Diego Unified
Middle
Roosevelt International Middle · grades 6-8 · San Diego Unified
High
San Diego 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
5 comps foundThis Property
$4,294
Comp Average
$5,247
2665 5th Avenue
2bd / 2.5ba · 2,032 sqft · Condo
$1.59M
Est. $5,817/mo
2604 5th Avenue
2bd / 2ba · 1,600 sqft · Condo
$1.70M
Est. $5,256/mo
2604 5th
2bd / 2.5ba · 2,287 sqft · Condo
$2.90M
Est. $5,365/mo
666 Upas Street
3bd / 2ba · 1,768 sqft · Condo
$1.60M
Est. $5,217/mo
3161 1st
2bd / 2ba · 2,318 sqft · Condo
$2.35M
Est. $4,579/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
12 leases of 1–3 bed condos & townhomes within 0.5 mi · $4,463–$5,395
Blended 50/50 with the zip's market median ($3,672)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$15,552/mo short at 20% down; +$20,198/mo rent closes it.
- Break-even price
- $139,890
- Break-even rent
- $24,492/mo
- Cashflow at 35% down
- −$13,302/mo
- Down payment to break even
- Not reachable
- Rate to break even
- Not reachable
94% under asking
$20,198/mo above the estimate
Negative even all-cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.36% 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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