5645 Friars Rd

5645 Friars Rd #386

D

San Diego, CA 92110

$698,900
NEW — 2d on market

Soft Appraisal Value: $703,300 · 0.6% below estimate

Beds

3

Baths

2

Sqft

1,331

Year Built

1981

Days on Market

2

Property Type

Condo

HOA/mo

$708

MLS ID

260007231SD

View on MLS

Description

Discover incredible value and endless design potential in this rare top-floor, 3-bedroom, 2-bathroom corner condo located in highly desirable West Mission Valley. Flooded with natural light, the airy and spacious floor plan provides an ideal blank canvas for both investors and owner-occupants ready to customize their dream space. The generous living room features soaring vaulted ceilings, a cozy fireplace, and a wet bar, seamlessly flowing into a dining area that opens to a private balcony. A highly functional kitchen offers abundant cabinetry and counter space to suit your needs. The primary suite serves as a relaxing retreat, boasting its own covered balcony, dual closets, and an ensuite bathroom equipped with a large vanity, dressing area, and a walk-in shower. Two versatile guest bedrooms and a full secondary bath offer excellent flexibility for family, visitors, or a home office. Everyday living is made effortless with convenient in-unit laundry and ample closet storage throughout. Situated within a picturesque, guard-gated community accented by serene water features, residents enjoy resort-style amenities including a swimming pool, spa, and tennis courts. This prime location places you just minutes from Fashion Valley, YMCA, USD, the San Diego River Bikeway, and the exciting new Riverwalk project. With quick freeway access, San Diego’s beautiful beaches, vibrant Downtown, and world-class attractions are always just a short drive away.

Mortgage Calculator

Est. Monthly Payment

$5,145

Principal & Interest$3,534
Property Tax$699
Insurance$204
HOA$708
%($139,780)
%

Investment Score

3D
Est. Monthly Rent
$3,704
Monthly Cashflow

Rent − PITI − HOA

$-1,441
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,875

Mortgage (P+I)
$3,534
Cap Rate
1.13%
Cash-on-Cash
-24.68%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.72
Break-even Rent
$7,438

NOI (Annual)
$7,905
Price-to-Rent

Lower = better for investors

15.7

* 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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