3246 Ashford St. #B
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3246 Ashford St. #B

Atop 10%

San Diego, CA 92111

$399,000
STR: check · no permits in this complex · TOT 12.75%

12 licensed short-term rentals within ½ mile (6 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: -$1,529/mo full cashflow at 20% down, 7.36% rate.

Works at $198,939 (50% under asking), or at 76% down.

Rent $2,603/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

77

Property Type

Condo

HOA/mo

$484

MLS ID

260021007SD

This property is in San Diego (92111). Browse neighborhood analytics →

Virtual Tour

About This Property

This move-in ready condo in the heart of Clairemont East features a bonus room that offers incredible versatility and can easily function as a second bedroom, home office, guest room, workout space, or extra storage, giving you the flexibility to make the space your own. Beautifully updated in 2023, the home features new flooring, fresh interior paint, and an updated bathroom vanity and toilet for a clean, modern feel. The kitchen is equipped with an oversized refrigerator featuring an ice and water dispenser plus additional entertaining drawer storage, making everyday living and hosting a breeze. Residents enjoy access to resort-style community amenities, including a pool, spa, clubhouse, exercise room, and on-site laundry. Centrally located just minutes from Mesa College with convenient access to the 163 freeway, you'll be close to some of San Diego's best local favorites, including K Sandwiches, diverse dining options, and everyday conveniences just steps away. With its versatile floor plan, recent updates, and unbeatable central location, this is a fantastic opportunity to own in one of San Diego's most connected neighborhoods.

Mortgage Calculator

Est. Monthly Payment

$3,201

Principal & Interest$2,201
Property Tax$399
Insurance$116
HOA$484
%($79,800)
%
Loan Term

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.

Investment Score

60A
Est. Monthly Rent
$2,603

10 leases of 2-bed condos & townhomes within 2 mi · $2,357–$3,190

Blended 50/50 with the zip's market median ($2,587)

Monthly Cashflow

Rent − PITIA

-$597
Full Cashflow

Incl. vacancy, PM, maint, capex

-$1,529

What would make this work?

$1,529/mo short at 20% down; 76% down or +$1,985/mo rent closes it.

Break-even price

50% under asking

$198,939
Break-even rent

$1,985/mo above the estimate

$4,588/mo
Cashflow at 35% down
−$1,116/mo
Down payment to break even

$303,240 cash

76%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$2,201
Cap Rate
2.41%
Cash-on-Cash
-22.99%
DSCR

Need ≥ 1.25 for DSCR loan

0.81

NOI (Annual)
$9,636
Price-to-Rent

Lower = better for investors

12.8

* 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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ACashflow−$1,529/mo