5715 Baja Drive
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5715 Baja Drive

Ctop 80%

San Diego, CA 92115

$880,000
STR-eligible · San Diego Tier 3 · TOT 12.75%

One license per person in San Diego: whether you can hold it depends on you, not only the home.

26 licensed short-term rentals within ½ mile (18 whole home), from the cities' license and permit lists of Nov 6, 2026.

Pass at asking: -$3,729/mo full cashflow at 20% down, 7.43% rate.

Works at $394,512 (55% under asking), or at 82% down.

Rent $3,935/mo from 14 leases of 3-bed houses within 1 mi ($3,650–$4,083).

Beds

3

Baths

1.5

Sqft

1,202

Year Built

1957

Days on Market

49

Property Type

Single Family

HOA/mo

N/A

MLS ID

260022928SD

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

Virtual Tour

About This Property

Welcome to 5715 Baja Drive, a charming 3-bedroom, 1.5-bath home offering 1,202 square feet of living space on an approximately quarter-acre lot. The home features character-rich wood beam ceilings, an attached sunroom, and a spacious lot with mature lime, pomegranate, and orange trees. The generous lot provides ample outdoor space and opportunities for gardening, entertaining, or simply enjoying the San Diego climate. Centrally located in the College Area, this home offers convenient access to San Diego State University, shopping, dining, coffee, public transportation, and the San Diego Trolley.

Mortgage Calculator

Est. Monthly Payment

$6,025

Principal & Interest$4,889
Property Tax$880
Insurance$257
%($176,000)
%
Loan Term

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.

Investment Score

31C
Est. Monthly Rent
$3,935

14 leases of 3-bed houses within 1 mi · $3,650–$4,083

Blended 50/50 with the zip's market median ($4,140)

Monthly Cashflow

Rent − PITIA

-$2,091
Full Cashflow

Incl. vacancy, PM, maint, capex

-$3,729

What would make this work?

$3,729/mo short at 20% down; 82% down or +$4,843/mo rent closes it.

Break-even price

55% under asking

$394,512
Break-even rent

$4,843/mo above the estimate

$8,778/mo
Cashflow at 35% down
−$2,813/mo
Down payment to break even

$721,600 cash

82%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$4,889
Cap Rate
1.85%
Cash-on-Cash
-25.43%
DSCR

Need ≥ 1.25 for DSCR loan

0.65

NOI (Annual)
$16,276
Price-to-Rent

Lower = better for investors

18.6

* 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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CCashflow−$3,729/mo