3793 Balboa Terrace #B
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3793 Balboa Terrace #B

Ctop 80%

San Diego, CA 92117

$829,000
STR: check · no permits in this complex · TOT 12.75%

27 licensed short-term rentals within ½ mile (17 whole home), from the cities' license and permit lists of Nov 14, 2026.

No unit in this 36-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: -$3,767/mo full cashflow at 20% down, 7.36% rate.

Works at $336,155 (59% under asking), or at 86% down.

Rent $4,109/mo from 14 leases of 2-bed condos & townhomes within 2 mi ($3,829–$5,542).

Beds

2

Baths

2

Sqft

1,580

Year Built

1982

Days on Market

92

Property Type

Townhouse

HOA/mo

$595

MLS ID

260019789SD

This property is in San Diego (92117). View neighborhood stats →

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About This Property

**New Price $829,000 10.29.26** Move in Ready 2-Bedroom/2 ba+ Large Loft / Flexible 3rd-Bedroom Space. Live the ultimate coastal San Diego lifestyle in this exclusive 74-unit hidden gem at Canyon Haven with Beach Proximity without Beach Prices! Perfect for hybrid workers, professionals, or 2nd home in quiet canyon setting. • The Ultimate Flex Space: A massive 3rd-bedroom loft with soaring ceilings & a huge walk-in closet is your perfect hybrid home office, media den, bedroom, gym or combination. • Sunlit Kitchen & Great Room: High-ceiling living/dining space with a fireplace opens to a private canyon-view patio. • Convenience: Includes attached 2-car garage, 2nd floor for primary and guest bedrooms/baths, dedicated large laundry & storage area, private back deck, move in ready, guest parking. • HOA dues $595 – Includes water, termite, trash, sewer, exterior building, insurance, landscaping/streets and pool-spa area. Recent work on exterior & decks completed so SB326 compliant. No forthcoming assessments. Financial Reserves in good condition. Trolley just down the street for effortless rides to downtown nightlife, Old Town, Padre games, Cricket Stadium, concerts, upscale shopping at UTC Mall or getting to work at VA or Scripps. When driving, quick access to the 5, 52, 805, & 163 speeds up your commute north or south. Minutes to Mission Bay, Pacific Beach, La Jolla, Mission Valley, Hillcrest/North Park night life, local hiking, Trader Joe's, & Costco. Move in Ready!

Mortgage Calculator

Est. Monthly Payment

$6,240

Principal & Interest$4,574
Property Tax$829
Insurance$242
HOA$595
%($165,800)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Cadman Elementary · grades K-5 · San Diego Unified

  • Middle

    Marston Middle · grades 6-8 · San Diego Unified

  • High

    Clairemont 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.

Investment Score

27C
Est. Monthly Rent
$4,109

14 leases of 2-bed condos & townhomes within 2 mi · $3,829–$5,542

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$2,131
Full Cashflow

Incl. vacancy, PM, maint, capex

-$3,767

What would make this work?

$3,767/mo short at 20% down; 86% down or +$4,892/mo rent closes it.

Break-even price

59% under asking

$336,155
Break-even rent

$4,892/mo above the estimate

$9,001/mo
Cashflow at 35% down
−$2,909/mo
Down payment to break even

$712,940 cash

86%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$4,574
Cap Rate
1.47%
Cash-on-Cash
-27.26%
DSCR

Need ≥ 1.25 for DSCR loan

0.66

NOI (Annual)
$12,151
Price-to-Rent

Lower = better for investors

16.8

* 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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CCashflow−$3,767/mo