
4169 Balboa Way
Ctop 80%San Diego, CA 92117
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 →
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
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.
Comparable Properties
5 comps foundThis Property
$4,118
Comp Average
$4,000
2540 Clairemont Dr
2bd / 2ba · 1,232 sqft · Condo
$640K
Est. $3,791/mo
5402 Balboa Arms
3bd / 2ba · 1,127 sqft · Condo
$635K
Est. $3,463/mo
2540 Clairemont Dr
2bd / 2ba · 1,232 sqft · Condo
$699K
Est. $3,791/mo

3793 Balboa Terrace
2bd / 2ba · 1,580 sqft · Townhouse
$829K
Est. $4,084/mo
4810 Canyon View
3bd / 2.5ba · 1,546 sqft · Townhouse
$1.20M
Est. $4,870/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
11 leases of 2–4 bed condos & townhomes within 2 mi · $3,451–$4,039
Blended 50/50 with a property-level estimate
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$3,281/mo short at 20% down; 83% down or +$4,261/mo rent closes it.
- Break-even price
- $331,701
- Break-even rent
- $8,379/mo
- Cashflow at 35% down
- −$2,491/mo
- Down payment to break even
- 83%
- Rate to break even
- Not reachable
56% under asking
$4,261/mo above the estimate
$629,970 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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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