5252 Balboa Arms
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5252 Balboa Arms #181

C

San Diego, CA 92117

$399,000
NEW — 3d

Beds

1

Baths

1

Sqft

582

Year Built

1995

Days on Market

3

Property Type

Condo

HOA/mo

$330

MLS ID

260013567SD

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

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About This Property

Enjoy comfortable, low-maintenance living in this well-positioned ground-floor residence within the gated Balboa Ridge community of Clairemont. Offering the convenience of a first-story walk-up entry and a private patio, this home provides an inviting indoor-outdoor lifestyle in one of San Diego’s most centrally located neighborhoods. Inside, the thoughtfully designed floor plan features laminate flooring throughout the main living areas, plush carpet in the bedroom, and dual-pane windows that enhance comfort (see suppl) and energy efficiency. The living room and bedroom are each equipped with their own mini-split HVAC systems, allowing for individualized climate control year-round. The kitchen flows seamlessly into the living space, while the in-unit stackable washer and dryer add everyday convenience. Positioned in a quiet location within the community, the home is just a short distance from the heated pool, spa, fitness center, and beautifully maintained grounds. A deeded parking space provides dedicated parking, while the gated community offers a resort-style atmosphere with amenities designed to enhance daily living. Balboa Ridge is ideally situated near major employment centers including UC San Diego, Sorrento Valley, Sharp Healthcare, and the UTC corridor, while also providing easy access to Mission Bay, beaches, shopping, dining, and major freeways including I-805, I-5, and SR-52. Whether you're a first-time buyer, investor, student, or someone seeking an affordable home in a highly desirable central location, this residence offers an exceptional opportunity to own in the heart of San Diego.

Mortgage Calculator

Est. Monthly Payment

$2,863

Principal & Interest$2,018
Property Tax$399
Insurance$116
HOA$330
%($79,800)
%

Location

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Investment Score

43C
Est. Monthly Rent
$1,958
Monthly Cashflow

Rent − PITIA

$-905
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,687

Mortgage (P+I)
$2,018
Cap Rate
0.99%
Cash-on-Cash
-25.37%
DSCR

Need ≥ 1.25 for DSCR loan

0.68
Break-even Rent
$4,149

NOI (Annual)
$3,962
Price-to-Rent

Lower = better for investors

17.0

* 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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