6019 Rancho Mission Rd #204
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6019 Rancho Mission Rd #204

Btop 30%

San Diego, CA 92108

$474,999
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.

3 licensed short-term rentals within ½ mile (0 whole home), from the cities' license and permit lists of Nov 11, 2026.

1 short-term rental license on file in this 60-unit complex, so its HOA has allowed them. Confirm in the CC&Rs: an HOA can ban stays under 30 days (Civ. Code §4741).

Pass at asking: -$2,199/mo full cashflow at 20% down, 7.43% rate.

Works at $188,809 (60% under asking), or at 87% down.

Rent $2,581/mo from 14 leases of 1–3 bed condos & townhomes within 0.5 mi, same school area ($2,276–$2,696).

Beds

2

Baths

2

Sqft

834

Year Built

1981

Days on Market

230

Property Type

Condo

HOA/mo

$537.31

MLS ID

260006971SD

This property is in San Diego (92108). View neighborhood stats →

Virtual Tour

About This Property

Discover refined Mission Valley living in this beautifully updated 2-bedroom, 2-bathroom upper-level residence in the sought-after Mission Plaza community. Perched on the second floor, this inviting home offers tranquil garden outlooks from your private balcony along with vibrant sunset views, all set within one of the quieter pockets of the community. Thoughtfully upgraded throughout, the interior showcases a bright, open layout complemented by brand-new stainless steel appliances, a newly installed HVAC system, and tastefully renovated bathrooms. The elevated position enhances both privacy and natural light, creating an airy and comfortable living environment. Additional highlights include assigned covered parking and access to an impressive array of resort-style amenities, including multiple pools, tennis and pickleball courts, a fully equipped fitness center, clubhouse, BBQ areas, and a dedicated dog run. Ideally situated in the center of it all, you’re just moments from the shopping and dining at Mission Valley, with easy access to Balboa Park, the San Diego Zoo, Mission Bay, and Snapdragon Stadium. Enjoy the added upside of nearby redevelopment projects, including the future River Park and continued expansion surrounding the stadium corridor.

Mortgage Calculator

Est. Monthly Payment

$3,790

Principal & Interest$2,639
Property Tax$475
Insurance$139
HOA$537
%($95,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Foster Elementary · grades K-5 · San Diego Unified

    or Juarez Elementary · grades K-5 · San Diego Unified

    Choice area: the district lets families here pick either school.

  • Middle

    Lewis Middle · grades 6-8 · San Diego Unified

    or Taft Middle · grades 6-8 · San Diego Unified

    Choice area: the district lets families here pick either school.

  • High

    Kearny Digital Media & Design · grades 9-12 · San Diego Unified

    or Kearny School of Biomedical Science and Technology · grades 9-12 · San Diego Unified

    or Kearny College Connections · grades 9-12 · San Diego Unified

    or Kearny Eng Innov & Design · grades 9-12 · San Diego Unified

    or Henry High · grades 9-12 · San Diego Unified

    Choice area: the district lets families here pick either school.

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

42B
Est. Monthly Rent
$2,581

14 leases of 1–3 bed condos & townhomes within 0.5 mi, same school area · $2,276–$2,696

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$1,209
Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,199

What would make this work?

$2,199/mo short at 20% down; 87% down or +$2,855/mo rent closes it.

Break-even price

60% under asking

$188,809
Break-even rent

$2,855/mo above the estimate

$5,436/mo
Cashflow at 35% down
−$1,704/mo
Down payment to break even

$413,249 cash

87%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$2,639
Cap Rate
1.44%
Cash-on-Cash
-27.77%
DSCR

Need ≥ 1.25 for DSCR loan

0.68

NOI (Annual)
$6,831
Price-to-Rent

Lower = better for investors

15.3

* 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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BCashflow−$2,199/mo