5602 Baja Drive
Atop 10%San Diego, CA 92115
One license per person in San Diego: whether you can hold it depends on you, not only the home.
25 licensed short-term rentals within ½ mile (16 whole home), from the cities' license and permit lists of Nov 6, 2026.
Pass at asking: -$2,808/mo full cashflow at 20% down, 7.43% rate.
Works at $484,471 (43% under asking), or at 68% down.
Rent $4,832/mo from 18 leases of 3–5 bed houses within 1 mi ($4,167–$4,816).
Beds
4
Baths
2
Sqft
1,604
Year Built
1957
Days on Market
1
Property Type
Single Family
HOA/mo
N/A
MLS ID
PTP2608165
This property is in San Diego (92115). View neighborhood stats →
About This Property
INCREDIBLE COLLEGE AREA OPPORTUNITY: You choose which option works best for you. Turn this home into a six bedroom rental only 3 blocks to campus. Or remodel it into a beautiful living space taking advantage of the open floor plan, oversized primary suite with connected deck, large spacious lot, courtyard, detached garage, and great structural bones. Close to freeways, shopping, schools,
Mortgage Calculator
Est. Monthly Payment
$5,820
Location
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Zoned Schools
Elementary
Hardy 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.
Comparable Properties
5 comps foundThis Property
$4,832
Comp Average
$4,749
4565 62nd St
4bd / 3ba · 1,829 sqft · Single Family
$799K
Est. $4,818/mo
3728 Odom
4bd / 3ba · 1,394 sqft · Single Family
$809K
Est. $4,662/mo
5109 Alumni Pl
4bd / 2ba · 1,388 sqft · Single Family
$910K
Est. $4,639/mo
5561 Baja Dr
4bd / 2ba · 1,492 sqft · Single Family
$985K
Est. $4,713/mo
5295 Joan Court
4bd / 2ba · 1,717 sqft · Single Family
$1.25M
Est. $4,914/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
18 leases of 3–5 bed houses within 1 mi · $4,167–$4,816
Blended 50/50 with the zip's market median ($5,355)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$2,808/mo short at 20% down; 68% down or +$3,646/mo rent closes it.
- Break-even price
- $484,471
- Break-even rent
- $8,478/mo
- Cashflow at 35% down
- −$1,922/mo
- Down payment to break even
- 68%
- Rate to break even
- 0.09%
43% under asking
$3,646/mo above the estimate
$578,000 cash
at 20% down
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.43% 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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