5404 Balboa Arms Dr
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5404 Balboa Arms Dr #469

A

San Diego, CA 92117

$425,000
NEW — 1d

Soft Appraisal Value: $418,100 · 1.7% above estimate

Beds

1

Baths

1

Sqft

577

Year Built

1995

Days on Market

1

Property Type

Condo

HOA/mo

$340

MLS ID

NDP2605643

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

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About This Property

Why rent when you can own? Welcome to this beautifully remodeled 1-bedroom, 1-bathroom upper-level end-unit condo featuring vaulted ceilings, abundant natural light, and a desirable quiet end- unit location within the gated community. This move-in-ready home has been thoughtfully updated with fresh interior paint, new luxury vinyl plank flooring in the kitchen and bathroom, updated carpeting, a brand-new HVAC system, and a newly installed shower. The remodeled kitchen features updated countertops, a new sink, cherry cabinetry, granite surfaces, and stainless steel appliances. All kitchen appliances have been replaced within the last five years, while the in-unit washer and dryer were replaced within the last six months. Additional upgrades include a ceiling fan in the bedroom, a stylish barn-door closet, laminate flooring throughout the kitchen and bathroom, new carpet, air conditioning (mini-splits), and inside laundry for everyday convenience. Enjoy resort-style community amenities including three sparkling pools, a fitness center, clubhouse, a fantastic BBQ and picnic area, sauna, and a dog park all with low HOA fees. Parking is conveniently located near the unit for minimal walking. Ideally situated near major shopping, dining, and entertainment, this home offers the perfect combination of comfort, convenience, and value. Refrigerator, washer, and dryer are included, making this truly move-in ready. VA and FHA approved. A fantastic opportunity for first-time buyers, down sizing, or investors seeking a turnkey home in a highly desirable location.

Mortgage Calculator

Est. Monthly Payment

$3,038

Principal & Interest$2,149
Property Tax$425
Insurance$124
HOA$340
%($85,000)
%

Location

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Investment Score

50B
Est. Monthly Rent
$2,290
Monthly Cashflow

Rent − PITIA

$-748
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,629

Mortgage (P+I)
$2,149
Cap Rate
1.47%
Cash-on-Cash
-23.00%
DSCR

Need ≥ 1.25 for DSCR loan

0.75
Break-even Rent
$4,405

NOI (Annual)
$6,242
Price-to-Rent

Lower = better for investors

15.5

* 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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