3852 Basilone

3852 Basilone

Btop 30%

San Diego, CA 92110

$710,000
NEW — 0d
STR: check · no permits in this complex · TOT 12.75%

30 licensed short-term rentals within ½ mile (21 whole home), from the cities' license and permit lists of Nov 13, 2026.

No unit in this 56-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: -$2,709/mo full cashflow at 20% down, 7.36% rate.

Works at $355,505 (50% under asking), or at 76% down.

Rent $4,308/mo from 14 leases of 2–4 bed condos & townhomes within 1 mi ($3,331–$3,925).

Beds

3

Baths

2

Sqft

1,260

Year Built

1964

Days on Market

0

Property Type

Condo

HOA/mo

$600

MLS ID

260026961SD

This property is in San Diego (92110). View neighborhood stats →

About This Property

Best priced Single level first floor 3 bedroom 2 bath condo in Point Loma just under 1300 sq ft. Tucked behind West Point Loma blvd and blocks to Ocean Beach. Home has been lovingnly updated with with new electrical, carpet, bathrooms and appliances. Dual patios and a 2nd entrance makes this perfect for roommate situation. Big dog friendly community with two pools and clubhouse.

Mortgage Calculator

Est. Monthly Payment

$5,434

Principal & Interest$3,917
Property Tax$710
Insurance$207
HOA$600
%($142,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Loma Portal Elementary · grades K-4 · San Diego Unified

  • Middle

    Correia Middle · grades 7-8 · San Diego Unified

  • High

    Point Loma 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

48B
Est. Monthly Rent
$4,308

14 leases of 2–4 bed condos & townhomes within 1 mi · $3,331–$3,925

Blended 50/50 with the zip's market median ($4,926)

Monthly Cashflow

Rent − PITIA

-$1,126
Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,709

What would make this work?

$2,709/mo short at 20% down; 76% down or +$3,518/mo rent closes it.

Break-even price

50% under asking

$355,505
Break-even rent

$3,518/mo above the estimate

$7,826/mo
Cashflow at 35% down
−$1,974/mo
Down payment to break even

$539,600 cash

76%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$3,917
Cap Rate
2.41%
Cash-on-Cash
-22.89%
DSCR

Need ≥ 1.25 for DSCR loan

0.79

NOI (Annual)
$17,087
Price-to-Rent

Lower = better for investors

13.7

* 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−$2,709/mo