5252 Balboa Arms Dr

5252 Balboa Arms Dr

D

San Diego, CA 92117

$615,000

Beds

3

Baths

2

Sqft

970

Year Built

1995

Days on Market

9

Property Type

Condo

HOA/mo

$395.02

MLS ID

260006605SD

Description

Beautiful Balboa Ridge top-floor, corner-unit condominium located in the vibrant community of Clairemont, located just down the street from numerous popular restaurants and shops and minutes to Mission Bay, Pacific Beach, La Jolla and downtown San Diego! As you enter through the secure, gated community and arrive at the home, you feel welcomed the moment you gaze upon an interior offering abundant natural light, new interior paint and new carpeting. The spacious living room features soaring ceilings and flows seamlessly to a private balcony—perfect for entertaining, dining al fresco, or simply relaxing. Additional highlights include a convenient storage closet, a dedicated dining area, and a well-appointed kitchen with granite countertops and stainless steel appliances. The primary suite offers a comfortable retreat with an ensuite bathroom featuring granite countertops and a walk-in shower. Two additional bedrooms are located nearby, along with a secondary bathroom complete with granite counters and a tub/shower combination. Additional highlights include windows in all bedrooms adding the enjoyment of warm natural light and cool coastal breezes, three split heating and air systems for year-round comfort, in-unit laundry with a new washer and dryer, and extra storage space. Residents of Balboa Ridge enjoy a pet-friendly living environment with resort-style amenities, including swimming pools, a spa, BBQ and picnic area, a fully-equipped fitness center, and a clubhouse. Set in one of San Diego’s most desirable neighborhoods, this move-in ready home offers the perfect blend of comfort, style, and urban convenience. Welcome home!

Mortgage Calculator

Est. Monthly Payment

$4,299

Principal & Interest$3,110
Property Tax$615
Insurance$179
HOA$395
%($123,000)
%

Investment Score

13D
Est. Monthly Rent
$4,387
Monthly Cashflow

Rent − PITI − HOA

+$88
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,433

Mortgage (P+I)
$3,110
Cap Rate
3.27%
Cash-on-Cash
-13.98%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

1.02
Break-even Rent
$6,248

NOI (Annual)
$20,118
Price-to-Rent

Lower = better for investors

11.7

* 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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