5442 Adobe Falls #5
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5442 Adobe Falls #5

Btop 30%

San Diego, CA 92120

$444,000
STR: check · no permits in this complex · TOT 12.75%

16 licensed short-term rentals within ½ mile (11 whole home), from the cities' license and permit lists of Nov 13, 2026.

No unit in this 63-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: -$1,992/mo full cashflow at 20% down, 7.36% rate.

Works at $183,406 (59% under asking), or at 86% down.

Rent $2,482/mo from 10 leases of 1–3 bed condos & townhomes within 1 mi ($2,253–$2,607).

Beds

2

Baths

1.5

Sqft

884

Year Built

1973

Days on Market

45

Property Type

Condo

HOA/mo

$510

MLS ID

260023636SD

This property is in San Diego (92120). View neighborhood stats →

Virtual Tour

About This Property

Welcome to this beautifully updated two-bedroom, one-and-a-half-bath, ground-level condo in a prime San Diego location! This light and bright home offers a comfortable, inviting layout with new windows and abundant natural light throughout. One of the standout features of this particular unit is its private and peaceful location toward the back of the community, tucked against the hillside offering a greater sense of privacy and tranquility. The well-maintained interior features an upgraded kitchen with new appliances and a stylish new backsplash, fresh interior paint, beautiful quartz countertops, new flooring and in-unit washer and dryer. Conveniently located near shopping, dining, transportation, and other amenities, this move-in-ready condo is a wonderful opportunity for a first-time buyer, investor, or anyone looking for a low-maintenance home in San Diego.

Mortgage Calculator

Est. Monthly Payment

$3,533

Principal & Interest$2,450
Property Tax$444
Insurance$129
HOA$510
%($88,800)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Foster Elementary · grades K-5 · San Diego Unified

  • Middle

    Lewis Middle · grades 6-8 · San Diego Unified

  • High

    Henry 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.

Investment Score

46B
Est. Monthly Rent
$2,482

10 leases of 1–3 bed condos & townhomes within 1 mi · $2,253–$2,607

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$1,051
Full Cashflow

Incl. vacancy, PM, maint, capex

-$1,992

What would make this work?

$1,992/mo short at 20% down; 86% down or +$2,586/mo rent closes it.

Break-even price

59% under asking

$183,406
Break-even rent

$2,586/mo above the estimate

$5,068/mo
Cashflow at 35% down
−$1,532/mo
Down payment to break even

$381,840 cash

86%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$2,450
Cap Rate
1.57%
Cash-on-Cash
-26.91%
DSCR

Need ≥ 1.25 for DSCR loan

0.70

NOI (Annual)
$6,987
Price-to-Rent

Lower = better for investors

14.9

* 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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BCashflow−$1,992/mo