5402 Balboa Arms
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5402 Balboa Arms #415

B

San Diego, CA 92117

$649,000

Soft Appraisal Value: $645,900 · 0.5% above estimate

Beds

3

Baths

2

Sqft

1,127

Year Built

1995

Days on Market

48

Property Type

Condo

HOA/mo

$395

MLS ID

260012603SD

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

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About This Property

MAJOR PRICE IMPROVEMENT! VA & FHA approved! Move-in ready top-floor 3BD/2BA condo offering 1,127 sq. ft. of comfortable living space in a gated San Diego community. This light-filled residence features vaulted ceilings, A/C, in-unit laundry, updated flooring, abundant storage, and an open-concept living and dining area designed for both everyday living and entertaining. The updated kitchen includes stainless steel appliances, generous cabinetry, and bar seating. The flexible floor plan supports a variety of lifestyle needs, including guest space or a work-from-home setup. Private balcony with additional storage, along with access to resort-style community amenities including pools, spa, sauna, fitness center, clubhouse, and BBQ areas. Ideally located near shopping, dining, the Convoy District, Tecolote Canyon trails, beaches, and major freeway access, this home offers an exceptional combination of value, comfort, and convenience. *All information is reliable but not guaranteed and should be verified by buyer before close of escrow.*

Mortgage Calculator

Est. Monthly Payment

$4,515

Principal & Interest$3,282
Property Tax$649
Insurance$189
HOA$395
%($129,800)
%

Location

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Investment Score

44C
Est. Monthly Rent
$3,466
Monthly Cashflow

Rent − PITIA

$-1,049
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,387

Mortgage (P+I)
$3,282
Cap Rate
1.65%
Cash-on-Cash
-22.07%
DSCR

Need ≥ 1.25 for DSCR loan

0.77
Break-even Rent
$6,566

NOI (Annual)
$10,740
Price-to-Rent

Lower = better for investors

15.6

* 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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