5402 Balboa Arms
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5402 Balboa Arms #348

C

San Diego, CA 92117

$529,000
NEW — 2d

Beds

2

Baths

2

Sqft

782

Year Built

1995

Days on Market

2

Property Type

Condo

HOA/mo

$364.91

MLS ID

260010277SD

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

Virtual Tour

About This Property

Welcome to this beautiful condo in the heart of Clairemont! Step inside to discover the open and inviting floor plan filled with natural light and your very own, HUGE, private, enclosed outdoor space. The spacious living area flows seamlessly into a modern kitchen featuring sleek countertops, ample cabinets, and updated appliances—perfect for both everyday living and entertaining. Both bathrooms were updated with new lighting and modern hardware. Additional highlights include in-unit laundry, recessed lighting, private patio that opens up into the courtyard and pool for outdoor relaxation, and dedicated parking. The well-maintained community also offers three community pools, a fitness center, dog run, and beautifully maintained common areas. Situated right across the street from Genesee Plaza, this home offers easy access to Target, Home Depot, 99 Ranch, CVS, restaurants and so much more!

Mortgage Calculator

Est. Monthly Payment

$3,723

Principal & Interest$2,675
Property Tax$529
Insurance$154
HOA$365
%($105,800)
%

Location

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Investment Score

36C
Est. Monthly Rent
$2,441
Monthly Cashflow

Rent − PITIA

$-1,282
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,284

Mortgage (P+I)
$2,675
Cap Rate
0.89%
Cash-on-Cash
-25.91%
DSCR

Need ≥ 1.25 for DSCR loan

0.66
Break-even Rent
$5,407

NOI (Annual)
$4,690
Price-to-Rent

Lower = better for investors

18.1

* 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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