3238 Ashford Street #D
Btop 30%San Diego, CA 92111
10 licensed short-term rentals within ½ mile (5 whole home), from the cities' license and permit lists of Nov 13, 2026.
No unit in this 73-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: -$1,880/mo full cashflow at 20% down, 7.36% rate.
Works at $193,082 (56% under asking), or at 83% down.
Rent $2,538/mo from 10 leases of 2-bed condos & townhomes within 2 mi ($2,357–$3,190).
Beds
2
Baths
1
Sqft
716
Year Built
1975
Days on Market
132
Property Type
Condo
HOA/mo
$479
MLS ID
PTP2605051
This property is in San Diego (92111). Browse neighborhood analytics →
About This Property
Price improvement. Beautifully renovated condo in the heart of Kearny Mesa, ideally located just two blocks from Mesa College and one block from Kearny High School. This charming 2-bedroom, 1-bath residence presents an excellent opportunity for a first-time buyer or investor seeking a centrally located property with strong rental appeal. Situated approximately a quarter mile from SR-163 and offering convenient access to I-805, I-8, and SR-52, this location provides exceptional connectivity throughout San Diego. The home features upgraded dual-pane energy-efficient windows, updated flooring, modern kitchen appliances and finishes, a remodeled bathroom, fresh interior paint, and a charming private balcony with dual access from the residence. Enjoy living near some of San Diego’s most vibrant dining and employment hubs, including the renowned Convoy District and Kearny Mesa, one of the city’s most prominent business and commercial centers. From this highly central location, Mission Valley, North Park, Hillcrest, Mission Bay, La Jolla, Pacific Beach, the College Area, and Sorrento Valley are all within convenient reach. Clairemont Mesa is truly a hub for everything San Diego has to offer, combining accessibility, lifestyle, employment centers, dining, and long-term investment appeal in one exceptional location.
Mortgage Calculator
Est. Monthly Payment
$3,468
Location
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Zoned Schools
Elementary
Ross Elementary · grades K-5 · San Diego Unified
Middle
Montgomery 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
$2,538
Comp Average
$2,526
3246 Ashford St.
2bd / 1ba · 716 sqft · Condo
$399K
Est. $2,603/mo
3282 Ashford St
2bd / 1ba · 716 sqft · Condo
$425K
Est. $2,603/mo
6555 Mount Ada
2bd / 1.5ba · 794 sqft · Condo
$445K
Est. $2,649/mo
3250 Ashford Street
2bd / 1ba · 716 sqft · Condo
$424K
Est. $2,226/mo
8022 Linda Vista Rd.
2bd / 1ba · 785 sqft · Condo
$513K
Est. $2,548/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
10 leases of 2-bed condos & townhomes within 2 mi · $2,357–$3,190
Blended 50/50 with a property-level estimate
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$1,880/mo short at 20% down; 83% down or +$2,441/mo rent closes it.
- Break-even price
- $193,082
- Break-even rent
- $4,979/mo
- Cashflow at 35% down
- −$1,425/mo
- Down payment to break even
- 83%
- Rate to break even
- Not reachable
56% under asking
$2,441/mo above the estimate
$364,362 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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