
402 63rd Street #Spc 115
Atop 10%San Diego, CA 92114
13 licensed short-term rentals within ½ mile (3 whole home), from the cities' license and permit lists of Nov 13, 2026.
Works at asking: +$329/mo full cashflow at 20% down, 7.36% rate.
Still breaks even up to $217,981 (25% above asking).
Rent $2,164/mo: zip market median for this bed count.
Beds
2
Baths
2
Sqft
980
Year Built
1970
Days on Market
49
Property Type
Mfd/Mobile Home
HOA/mo
N/A
MLS ID
PTP2607209
This property is in San Diego (92114). Browse neighborhood analytics →
About This Property
If you thought it was impossible to own your own renovated home, for under $175K, think again. Seller recently did EVEN MORE upgrades to make this a truly outstanding value. Compare for yourself, it's now the best price for an upgraded 2 bedroom 2 bath unit at Summit Ridge Resort. Move-in ready: the open floor plan makes this home feel larger than 980 square feet. Stay comfortable year-round with a new mini-split A/C system, plus a dedicated window unit in the master suite. The new copper plumbing, new gas line, new refrigerator water line, and countless other improvements, make this a space you can be proud to call home and host gatherings and get togethers in. What sets this mobile home apart isn't just the layout or the finishes, it's the community. Summit Ridge Resort is a gated, all-ages park on a hill, with two swimming pools, a clubhouse, rec room and playground. The space rent is very reasonable ($1,195/month). There's also detached parking with 2 designated spaces just for you, only 60 seconds from your doorstep. The Orange Line trolley stop and everyday shopping are minutes away. You even have a peek view of downtown San Diego. This home was recently appraised at $226,000, so you'll step into OVER 20% INSTANT EQUITY. See it today, and make an offer!
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Est. Monthly Payment
$1,192
Location
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Zoned Schools
Elementary
Encanto Elementary · grades PK-5 · San Diego Unified
Middle
Millennial Tech Middle · grades 6-8 · San Diego Unified
High
Lincoln 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
Zip market median for this bed count
Thin data: no closed leases like this one nearby.
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
Cashflows +$329/mo at 20% down with every reserve funded.
- Break-even price
- $217,981
- Break-even rent
- $1,737/mo
- Cashflow at 35% down
- +$510/mo
- Down payment to break even
- 0%
- Rate to break even
- 10.63%
25% above asking
Estimated rent already clears it
$0 cash
at 20% down
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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