4169 Balboa Way
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4169 Balboa Way

Ctop 80%

San Diego, CA 92117

$759,000
STR: check · no permits in this complex · TOT 12.75%

18 licensed short-term rentals within ½ mile (9 whole home), from the cities' license and permit lists of Nov 10, 2026.

No unit in this 30-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: -$3,281/mo full cashflow at 20% down, 7.43% rate.

Works at $331,701 (56% under asking), or at 83% down.

Rent $4,118/mo from 11 leases of 2–4 bed condos & townhomes within 2 mi ($3,451–$4,039).

Beds

3

Baths

2.5

Sqft

1,408

Year Built

1967

Days on Market

44

Property Type

Townhouse

HOA/mo

$623

MLS ID

NDP2608982

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

Virtual Tour

About This Property

Motivated Seller!! A little more room, a little more sunshine, and a location that keeps you close to it all. Tucked into Pacific Bluffs in central Clairemont, this 3BR/2.5BA end-unit condo offers 1,408 SF with a comfortable layout, plenty of natural light, and the kind of location that makes everyday San Diego living easy. Freshly painted and refreshed, the home features a spacious living area, in-unit laundry, two-car carport parking, and a private back patio that extends your living space outdoors. As an end unit, it offers an added sense of privacy while still being part of a community with two pools, basketball and pickleball courts, a playground, clubhouse, recreation room, and fitness center. The real bonus is the location. You're just a quick drive to the beach, with easy freeway access that makes getting around San Diego a breeze. Head west for a beach day, north toward UCSD and La Jolla, or south toward downtown - all without giving up the convenience of being close to neighborhood restaurants, shops, and everyday essentials. Comfortable, connected, and close to the coast - this is Clairemont living with San Diego at your doorstep.

Mortgage Calculator

Est. Monthly Payment

$5,820

Principal & Interest$4,217
Property Tax$759
Insurance$221
HOA$623
%($151,800)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Holmes 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

35C
Est. Monthly Rent
$4,118

11 leases of 2–4 bed condos & townhomes within 2 mi · $3,451–$4,039

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$1,702
Full Cashflow

Incl. vacancy, PM, maint, capex

-$3,281

What would make this work?

$3,281/mo short at 20% down; 83% down or +$4,261/mo rent closes it.

Break-even price

56% under asking

$331,701
Break-even rent

$4,261/mo above the estimate

$8,379/mo
Cashflow at 35% down
−$2,491/mo
Down payment to break even

$629,970 cash

83%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$4,217
Cap Rate
1.80%
Cash-on-Cash
-25.94%
DSCR

Need ≥ 1.25 for DSCR loan

0.71

NOI (Annual)
$13,695
Price-to-Rent

Lower = better for investors

15.4

* Modelled at 20% down, 7.43% 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−$3,281/mo