5204 Caminito Solitario
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5204 Caminito Solitario

C

San Diego, CA 92108

$819,000
NEW — 2d

Beds

2

Baths

2.5

Sqft

1,618

Year Built

1978

Days on Market

2

Property Type

Condo

HOA/mo

$780

MLS ID

PTP2604917

This property is in San Diego (92108). View neighborhood stats →

Virtual Tour

About This Property

Assume an Incredible 2.75% VA Loan – A Rare Opportunity! An exceptional opportunity for qualified buyers to assume a low 2.75% VA loan and own this meticulously maintained, thoughtfully upgraded corner residence in one of San Diego's best-kept secrets. Located within the exclusive 38-acre gated community of Kensington Park Villas, this private, park-like hillside enclave offers a peaceful retreat in the foothills of Kensington while remaining just minutes from everything San Diego has to offer. The bright and spacious main living area flows effortlessly onto a private front patio, creating the perfect indoor-outdoor setting for relaxing or entertaining. The beautifully updated kitchen features modern cabinetry, ample counter space, and a functional center island ideal for everyday living. Upstairs, you'll find two spacious primary suites, each with its own full en-suite bathroom. Step onto the second-floor balcony overlooking lush, mature landscaping—an ideal spot to enjoy your morning coffee or unwind at the end of the day. Perfectly positioned in a quiet upper corner of the community, this home offers exceptional privacy while being just steps from the community's pools, tranquil ponds, and scenic pet walking trail. Recent upgrades include: Brand-new central heating & air conditioning, New water heater New washer & dryer Residents of Kensington Park Villas enjoy resort-style amenities, including: Two swimming pools Two saunas Clubhouse Beautiful walking paths, ponds, and mature landscaping Gated vehicle access plus a private pedestrian entrance into Kensington Conveniently located near neighborhood shops, restaurants, Mission Valley, and major freeways including I-8, I-15, and I-805, this home combines comfort, privacy, and accessibility in one exceptional package. Don't miss this rare opportunity to assume a 2.75% VA loan and enjoy resort-style living in one of San Diego's hidden gems!

Mortgage Calculator

Est. Monthly Payment

$5,979

Principal & Interest$4,141
Property Tax$819
Insurance$239
HOA$780
%($163,800)
%

Location

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Investment Score

5D
Est. Monthly Rent
$2,845
Monthly Cashflow

Rent − PITIA

$-3,134
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,471

Mortgage (P+I)
$4,141
Cap Rate
-0.48%
Cash-on-Cash
-32.76%
DSCR

Need ≥ 1.25 for DSCR loan

0.48
Break-even Rent
$8,652

NOI (Annual)
$-3,958
Price-to-Rent

Lower = better for investors

24.0

* Defaults: 20% down, 6.5% rate, 30yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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