402 63rd Street #Spc 115
1 / 20

402 63rd Street #Spc 115

Atop 10%

San Diego, CA 92114

$174,997
STR: check · park rules decide · TOT 12.75%

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 →

Virtual Tour

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!

Mortgage Calculator

Est. Monthly Payment

$1,192

Principal & Interest$965
Property Tax$175
Insurance$51
%($34,999)
%
Loan Term

Location

Loading map...

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

100A
Est. Monthly Rent
$2,164

Zip market median for this bed count

Thin data: no closed leases like this one nearby.

Monthly Cashflow

Rent − PITIA

+$973
Full Cashflow

Incl. vacancy, PM, maint, capex

+$329

What would make this work?

Cashflows +$329/mo at 20% down with every reserve funded.

Break-even price

25% above asking

$217,981
Break-even rent

Estimated rent already clears it

$1,737/mo
Cashflow at 35% down
+$510/mo
Down payment to break even

$0 cash

0%
Rate to break even

at 20% down

10.63%

Mortgage (P+I)
$965
Cap Rate
9.62%
Cash-on-Cash
11.28%
DSCR
1.82

NOI (Annual)
$16,832
Price-to-Rent

Lower = better for investors

6.7

* 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.

Open Full Calculator
ACashflow+$329/mo