4012 Nobel Dr 102
Ctop 80%San Diego, CA 92122
10 licensed short-term rentals within ½ mile (7 whole home), from the cities' license and permit lists of Nov 14, 2026.
No unit in this 81-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: -$3,816/mo full cashflow at 20% down, 7.36% rate.
Works at $180,562 (73% under asking); even all cash loses money at asking.
Rent $2,799/mo from 13 leases of 1-bed condos & townhomes within 0.5 mi, same school area ($2,871–$3,091).
Beds
1
Baths
1
Sqft
917
Year Built
1983
Days on Market
—
Property Type
Condo
HOA/mo
$775
MLS ID
260027109SD
This property is in San Diego (92122). View neighborhood stats →
About This Property
Location, Location, Location! Discover resort-style living in the heart of UTC! Welcome to this beautifully updated ground-floor condo in Villa Europa, a charming Spanish-style gated community. Stroll through picturesque interior courtyards filled with lush greenery, mature trees, landscaped gardens, and the soothing sounds of flowing fountains. Beyond the courtyards, enjoy community amenities including a swimming pool, spa, tennis courts, and sauna. The kitchen, bathroom, and flooring were tastefully renovated in 2023, creating a fresh, inviting space. Just minutes from Westfield UTC, La Jolla Village, Whole Foods, Trader Joe's, Ralphs, CVS, AMC Theatres, and the UTC Transit Center, with convenient access to I-5 and I-805. HOA dues include water, sewer, and trash.
Mortgage Calculator
Est. Monthly Payment
$5,405
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
$2,799
Comp Average
$3,069
6277 Caminito Araya
1bd / 1ba · 868 sqft · Condo
$499K
Est. $2,875/mo
8324 Regents Road
2bd / 2ba · 914 sqft · Condo
$560K
Est. $3,154/mo
7425 Charmant Dr
2bd / 2ba · 934 sqft · Condo
$635K
Est. $3,265/mo
7405 Charmant Drive
2bd / 2ba · 934 sqft · Condo
$639K
Est. $3,200/mo
4044 Crystal Dawn
1bd / 1ba · 835 sqft · Condo
$649K
Est. $2,851/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
13 leases of 1-bed condos & townhomes within 0.5 mi, same school area · $2,871–$3,091
Blended 50/50 with the zip's market median ($2,569)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$3,816/mo short at 20% down; +$4,956/mo rent closes it.
- Break-even price
- $180,562
- Break-even rent
- $7,755/mo
- Cashflow at 35% down
- −$3,113/mo
- Down payment to break even
- Not reachable
- Rate to break even
- Not reachable
73% under asking
$4,956/mo above the estimate
Negative even all-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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