6019 Rancho Mission Road #206
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6019 Rancho Mission Road #206

Btop 30%

San Diego, CA 92108

$498,000
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.

3 licensed short-term rentals within ½ mile (0 whole home), from the cities' license and permit lists of Nov 4, 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: -$2,391/mo full cashflow at 20% down, 7.49% rate.

Works at $187,974 (62% under asking), or at 89% 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

55

Property Type

Condo

HOA/mo

$537.31

MLS ID

260022032SD

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

Virtual Tour

About This Property

Beautifully upgraded 2 bed 2 bath upper-level condo ideally situated in the heart of Mission Valley. The light-filled, open floor plan showcases easy-care wood-look laminate flooring throughout the living areas and bedrooms, dual-pane windows, solar tubes, and a neutral color palette. The updated kitchen features refreshed cabinetry and counter, while the spacious primary suite offers a custom closet, walk-in tiled shower, and direct access to the balcony. The thoughtfully appointed guest bath features custom tile and a deep soaking tub. Enjoy indoor-outdoor living from the generous private balcony, equipped with a ceiling fan and additional storage, all overlooking lush, mature greenery. Well-maintained community offers an impressive array of amenities, including a sparkling pool & spa, tennis courts, fitness center, and BBQ area. Ideally located near shopping, dining, parks, and major freeways, this inviting condo offers a wonderful blend of comfort, style, and convenience in one of San Diego's most desirable locations.

Mortgage Calculator

Est. Monthly Payment

$3,964

Principal & Interest$2,783
Property Tax$498
Insurance$145
HOA$537
%($99,600)
%
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

39B
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

-$1,382
Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,391

What would make this work?

$2,391/mo short at 20% down; 89% down or +$3,105/mo rent closes it.

Break-even price

62% under asking

$187,974
Break-even rent

$3,105/mo above the estimate

$5,686/mo
Cashflow at 35% down
−$1,869/mo
Down payment to break even

$443,220 cash

89%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$2,783
Cap Rate
1.26%
Cash-on-Cash
-28.81%
DSCR

Need ≥ 1.25 for DSCR loan

0.65

NOI (Annual)
$6,253
Price-to-Rent

Lower = better for investors

16.1

* Modelled at 20% down, 7.49% 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−$2,391/mo