
5885 El Cajon Blvd #116
Atop 10%San Diego, CA 92115
23 licensed short-term rentals within ½ mile (10 whole home), from the cities' license and permit lists of Nov 13, 2026.
No unit in this 57-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: -$1,661/mo full cashflow at 20% down, 7.36% rate.
Works at $202,665 (52% under asking), or at 78% down.
Rent $2,810/mo from 15 leases of 2-bed condos & townhomes within 1 mi ($2,913–$3,149).
Beds
2
Baths
2
Sqft
1,123
Year Built
1984
Days on Market
150
Property Type
Condo
HOA/mo
$615
MLS ID
260010469SD
This property is in San Diego (92115). View neighborhood stats →
About This Property
Ideally situated near SDSU! This bright and spacious residence offers convenient access to San Diego State University, making it an excellent option for those looking to live close to campus while enjoying the comfort of a larger home. The open-concept floor plan features warm wood-look flooring, abundant natural light, and a generous living area with plenty of flexibility for relaxing, studying, dining, and entertaining. The kitchen features ample cabinetry and counter space, a breakfast peninsula with sink, and a combination of white cabinetry and warm wood accents. The kitchen flows seamlessly into the dining and living areas, creating a functional space for everyday living. Large sliding glass doors bring in plenty of natural light and open to a private outdoor balcony/patio area. The spacious primary bedroom offers plenty of room for furnishings and features access to a well-appointed bathroom with an extended vanity, dual-sink setup, quartz-style countertops, large mirrors, and generous storage. A walk-in closet with built-in shelving provides excellent organization and storage space. Additional highlights include wood-look flooring throughout, updated lighting fixtures, neutral trim, ample storage, and a versatile layout. Conveniently located near El Cajon Boulevard, SDSU, shopping, restaurants, entertainment, public transportation, and major roadways, offering easy access to surrounding San Diego communities.
Mortgage Calculator
Est. Monthly Payment
$3,475
Location
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Zoned Schools
Elementary
Pendleton Elementary · grades K-5 · San Diego Unified
Middle
Mann Middle · grades 6-8 · San Diego Unified
High
Crawford 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
$2,810
Comp Average
$2,708
4310 54th
2bd / 2ba · 1,000 sqft · Condo
$329K
Est. $2,738/mo
4545 Collwood
2bd / 2ba · 1,120 sqft · Townhouse
$379K
Est. $2,649/mo
3980 Faircross Place
2bd / 2ba · 1,134 sqft · Condo
$440K
Est. $2,678/mo
4545 Collwood Blvd
2bd / 2ba · 1,120 sqft · Condo
$430K
Est. $2,652/mo
5885 El Cajon
2bd / 2ba · 1,123 sqft · Condo
$495K
Est. $2,822/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
15 leases of 2-bed condos & townhomes within 1 mi · $2,913–$3,149
Blended 50/50 with a property-level estimate
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$1,661/mo short at 20% down; 78% down or +$2,157/mo rent closes it.
- Break-even price
- $202,665
- Break-even rent
- $4,967/mo
- Cashflow at 35% down
- −$1,226/mo
- Down payment to break even
- 78%
- Rate to break even
- Not reachable
52% under asking
$2,157/mo above the estimate
$327,599 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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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