320 Grapevine Rd #2
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320 Grapevine Rd #2

Btop 30%

Vista, CA 92083

$559,000
STR: check · HOA rules unknown · TOT 10%

HOA rules unknown: an HOA can ban stays under 30 days (Civ. Code §4741), and no permit on file shows this one allows them. Get the CC&Rs.

Pass at asking: -$2,556/mo full cashflow at 20% down, 7.36% rate.

Works at $224,552 (60% under asking), or at 87% down.

Rent $2,754/mo from 10 leases of 2-bed condos & townhomes within 2 mi ($2,443–$2,912).

Beds

2

Baths

1.5

Sqft

982

Year Built

1986

Days on Market

77

Property Type

Condo

HOA/mo

$405

MLS ID

NDP2608075

This property is in Vista (92083). Browse neighborhood analytics →

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About This Property

Nestled within the serene enclave of Vista Las Flores, this sophisticated contemporary residence offers a perfect blend of modern refinement and tranquil living. The meticulously updated home is situated in a quiet neighborhood characterized by abundant natural light and a peaceful atmosphere. The interior has been thoughtfully refreshed to reflect a high standard of modern comfort. On the main level, an inviting open floor plan seamlessly connects the living spaces. The remodeled kitchen serves as a functional centerpiece, complete with new appliances, updated cabinetry, and stylish counters. Every corner of the home feels renewed with fresh cosmetic paint, new light fixtures, and a recently installed water heater. Designed for privacy, the upper level houses two spacious bedrooms featuring plush new carpeting. The primary suite offers a peaceful retreat with direct access to a private balcony, perfect for enjoying the cool evening breeze. With two and a half bathrooms, the layout is exceptionally well suited for both daily life and hosting guests. The outdoor spaces are designed to embrace the quintessential San Diego lifestyle. An open brick patio provides a private setting for alfresco dining, complemented by dedicated lighting and a private barbecue area. Residents also enjoy unique community features, including proximity to a tranquil lagoon and beautiful preserve land, offering a picturesque backdrop for morning walks. Convenience is a priority with a parking arrangement that includes a private garage, an assigned driveway space, and accessible guest parking. This residence represents a rare opportunity to enjoy contemporary elegance in a remarkably quiet setting. Experience a home where every detail has been handled with care, offering an inviting sanctuary for the discerning buyer.

Mortgage Calculator

Est. Monthly Payment

$4,211

Principal & Interest$3,084
Property Tax$559
Insurance$163
HOA$405
%($111,800)
%
Loan Term

Location

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Comparable Properties

3 comps found

This Property

$2,754

vs

Comp Average

$2,713

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

Investment Score

39B
Est. Monthly Rent
$2,754

10 leases of 2-bed condos & townhomes within 2 mi · $2,443–$2,912

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$1,457
Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,556

What would make this work?

$2,556/mo short at 20% down; 87% down or +$3,320/mo rent closes it.

Break-even price

60% under asking

$224,552
Break-even rent

$3,320/mo above the estimate

$6,074/mo
Cashflow at 35% down
−$1,978/mo
Down payment to break even

$486,330 cash

87%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$3,084
Cap Rate
1.43%
Cash-on-Cash
-27.44%
DSCR

Need ≥ 1.25 for DSCR loan

0.65

NOI (Annual)
$7,985
Price-to-Rent

Lower = better for investors

16.9

* 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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BCashflow−$2,556/mo