
5285 Reservoir
Ctop 80%San Diego, CA 92115
24 licensed short-term rentals within ½ mile (17 whole home), from the cities' license and permit lists of Nov 13, 2026.
No unit in this 6-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: -$3,582/mo full cashflow at 20% down, 7.36% rate.
Works at $206,278 (69% under asking), or at 97% down.
Rent $3,138/mo from 31 leases of 2-bed condos & townhomes within 2 mi ($3,545–$3,820).
Beds
2
Baths
2
Sqft
1,740
Year Built
1979
Days on Market
1
Property Type
Townhouse
HOA/mo
$840
MLS ID
260026791SD
This property is in San Diego (92115). View neighborhood stats →
About This Property
Phenomenally upgraded & centrally located townhome offering stylish, turnkey living and exceptional privacy! Soaring 10-foot ceilings welcome you into a spacious living room with a fireplace, private balcony & plantation shutters, while the adjoining dining area opens to a beautifully remodeled kitchen w/ quartz countertops, newer cabinetry, tile backsplash, under-cabinet lighting & stainless steel appliances. Designer LVP flooring flows throughout & both bathrooms have been completely remodeled w/ attractive modern finishes. Additional highlights include two private balconies/patios, recessed lighting, skylights, abundant storage and an attached two-car garage with laundry plus driveway parking. With only one common wall buffered by the garage stairwell, the home delivers a remarkable sense of separation and single-family-style privacy. Enjoy resort-inspired community amenities and a convenient location near SDSU, Downtown San Diego and major freeways. Additional highlights include skylights, recessed lighting, ceiling fans in both bedrooms, a walk-in primary closet and generous storage throughout. Two separate balconies/patios create inviting outdoor spaces for relaxing or entertaining. The attached two-car garage includes the laundry area, while the private driveway provides additional parking flexibility. With only one common wall buffered by the garage stairwell, the residence offers exceptional separation and a private, single-family-home feel. Community amenities include a swimming pool, spa, recreation area, tennis courts and ample guest parking. This exceptional residence offers convenient access to employment centers, dining, shopping, entertainment and recreation. Thoughtfully upgraded from top to bottom, there is truly nothing left to do but move in and make this outstanding townhome your own.
Mortgage Calculator
Est. Monthly Payment
$5,436
Location
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Zoned Schools
Elementary
Pendleton Elementary · grades K-5 · San Diego Unified
Middle
Mann Middle · grades 6-8 · San Diego Unified
High
Crawford 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
3 comps foundThis Property
$3,138
Comp Average
$3,581
4754 68th St
3bd / 2ba · 1,408 sqft · Townhouse
$549K
Est. $3,371/mo
6660 Reservoir
3bd / 2ba · 1,740 sqft · Townhouse
$649K
Est. $3,983/mo
5245 Reservoir Drive
3bd / 2ba · 1,740 sqft · Condo
$750K
Est. $3,388/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
31 leases of 2-bed condos & townhomes within 2 mi · $3,545–$3,820
Blended 50/50 with the zip's market median ($2,565)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$3,582/mo short at 20% down; 97% down or +$4,652/mo rent closes it.
- Break-even price
- $206,278
- Break-even rent
- $7,790/mo
- Cashflow at 35% down
- −$2,884/mo
- Down payment to break even
- 97%
- Rate to break even
- Not reachable
69% under asking
$4,652/mo above the estimate
$654,749 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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