3550 Lebon Drive #6210
Ctop 80%San Diego, CA 92122
8 licensed short-term rentals within ½ mile (5 whole home), from the cities' license and permit lists of Nov 10, 2026.
No unit in this 89-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: -$3,485/mo full cashflow at 20% down, 7.43% rate.
Works at $271,231 (63% under asking), or at 90% down.
Rent $3,178/mo from 1 lease in this building (±1 bed).
Beds
2
Baths
2
Sqft
956
Year Built
2006
Days on Market
101
Property Type
Condo
HOA/mo
$364
MLS ID
NDP2607246
This property is in San Diego (92122). View neighborhood stats →
About This Property
Bright south-facing corner-end 2BR/2BA condo in a prime UTC location! This desirable second-floor condo features a split floor plan with dual primary suites on opposite sides of the living area, each with its own private bathroom and walk-in closet, ideal for privacy, guests, or roommates. Enjoy abundant natural light, an open-concept layout, upgraded finishes, in-unit stackable washer/dryer, two private balconies, and two assigned parking spaces in a gated underground garage. Community amenities include a heated pool, spa, fitness center, yoga studio, business cafe, beautifully maintained grounds, and on-site management. Ideally located just minutes from UCSD, Westfield UTC, La Jolla Shores, restaurants, shopping, trolley access, and easy freeway access.
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Est. Monthly Payment
$5,328
Location
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Zoned Schools
Elementary
Doyle Elementary · grades K-5 · San Diego Unified
Middle
Standley Middle · grades 6-8 · San Diego Unified
High
University City 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
$3,178
Comp Average
$3,211
3550 Lebon Dr
2bd / 2ba · 956 sqft · Condo
$650K
Est. $3,156/mo
4065 Porte La Paz
2bd / 2ba · 966 sqft · Condo
$649K
Est. $3,257/mo
3520 Lebon Drive
2bd / 2ba · 956 sqft · Condo
$699K
Est. $3,219/mo
8889 Caminito Plaza Centro
2bd / 2ba · 1,001 sqft · Condo
$704K
Est. $3,186/mo
4040 Porte La Paz
2bd / 2ba · 966 sqft · Condo
$680K
Est. $3,237/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
1 lease in this building (±1 bed)
Blended 50/50 with a property-level estimate
Thin data: only 1 lease behind this number.
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$3,485/mo short at 20% down; 90% down or +$4,526/mo rent closes it.
- Break-even price
- $271,231
- Break-even rent
- $7,704/mo
- Cashflow at 35% down
- −$2,730/mo
- Down payment to break even
- 90%
- Rate to break even
- Not reachable
63% under asking
$4,526/mo above the estimate
$652,500 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.43% 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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