5252 Balboa Arms Dr
Atop 10%San Diego, CA 92117
One license per person in San Diego: whether you can hold it depends on you, not only the home.
34 licensed short-term rentals within ½ mile (19 whole home), from the cities' license and permit lists of Nov 13, 2026.
1 short-term rental license on file in this 40-unit complex, so its HOA has allowed them. Confirm in the CC&Rs: an HOA can ban stays under 30 days (Civ. Code §4741).
Pass at asking: -$2,027/mo full cashflow at 20% down, 7.36% rate.
Works at $258,802 (51% under asking), or at 77% down.
Rent $3,042/mo from 1 lease in this building (±1 bed).
Beds
2
Baths
2
Sqft
766
Year Built
1995
Days on Market
0
Property Type
Condo
HOA/mo
$365
MLS ID
260026987SD
This property is in San Diego (92117). View neighborhood stats →
About This Property
Welcome to Balboa Ridge! This beautifully remodeled 2-bedroom, 2-bath second-floor condo features a light and airy floor plan highlighted by vaulted ceilings in the main living area. The updated kitchen boasts newer cabinetry, granite countertops, and stainless steel appliances. Tile flooring adds a clean, modern touch to the kitchen and bathrooms. Enjoy your own private balcony, an ideal spot to unwind and enjoy the outdoors, with the added convenience of a storage closet. Additional features include an in-unit stacked washer and dryer for everyday convenience. Residents enjoy an impressive selection of resort-style amenities, including three swimming pools, a spa, fitness center, clubhouse, and BBQ areas. Ideally located near shopping, dining, the popular Convoy District, Tecolote Canyon, beautiful beaches, and major freeways, this home offers the perfect blend of comfort, convenience, and lifestyle!
Mortgage Calculator
Est. Monthly Payment
$3,933
Location
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Zoned Schools
Elementary
Sequoia Elementary · grades K-5 · San Diego Unified
Middle
Innovation Middle · grades 6-8 · San Diego Unified
High
Madison 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
$3,042
Comp Average
$2,791
5252 Balboa Arms Dr.
2bd / 2ba · 766 sqft · Condo
$525K
Est. $2,895/mo
2728 Ariane Dr
1bd / 1ba · 810 sqft · Condo
$515K
Est. $2,863/mo
2740 Ariane Drive
1bd / 1ba · 810 sqft · Condo
$510K
Est. $2,701/mo
4064 Huerfano Ave
2bd / 1ba · 852 sqft · Condo
$510K
Est. $2,676/mo
3020 Cowley Way
2bd / 2ba · 844 sqft · Condo
$657K
Est. $2,818/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
1 lease in this building (±1 bed)
Thin data: only 1 lease behind this number.
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$2,027/mo short at 20% down; 77% down or +$2,633/mo rent closes it.
- Break-even price
- $258,802
- Break-even rent
- $5,675/mo
- Cashflow at 35% down
- −$1,485/mo
- Down payment to break even
- 77%
- Rate to break even
- Not reachable
51% under asking
$2,633/mo above the estimate
$403,480 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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.
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