5510 Adelaide Avenue
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5510 Adelaide Avenue #3

B

San Diego, CA 92115

$429,000
NEW — 2d

Soft Appraisal Value: $424,900 · 1.0% above estimate

Beds

2

Baths

1

Sqft

875

Year Built

2000

Days on Market

2

Property Type

Condo

HOA/mo

$481

MLS ID

PTP2604352

This property is in San Diego (92115). View neighborhood stats →

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About This Property

Tucked into a quiet cul-de-sac, this upgraded ground-level corner residence offers the perfect blend of privacy, comfort, and central convenience. With an abundance of natural light and an open, well-proportioned layout, the home feels both inviting and functional from the moment you walk in. Tastefully updated, the interior features hardwood flooring throughout, generously sized rooms, and ceiling fans in every space for added comfort. Central AC and heat ensures year-round efficiency. The kitchen has been refreshed with granite countertops, refinished cabinetry, and updated appliances, creating a clean and modern feel. Everyday living is made easy with an in-unit washer and dryer, along with a dedicated parking space and private storage closet. Residents also enjoy access to a community pool, perfect for relaxing on warm San Diego days. The HOA covers water, sewer, and trash, adding even more value and convenience. VA financing welcome, this is a great opportunity for a wide range of buyers looking for a well-located, move-in ready home.

Mortgage Calculator

Est. Monthly Payment

$3,204

Principal & Interest$2,169
Property Tax$429
Insurance$125
HOA$481
%($85,800)
%

Location

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Investment Score

58B
Est. Monthly Rent
$2,726
Monthly Cashflow

Rent − PITIA

$-478
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,463

Mortgage (P+I)
$2,169
Cap Rate
1.98%
Cash-on-Cash
-20.46%
DSCR

Need ≥ 1.25 for DSCR loan

0.85
Break-even Rent
$4,626

NOI (Annual)
$8,478
Price-to-Rent

Lower = better for investors

13.1

* 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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