6186 Agee Street #264
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6186 Agee Street #264

Btop 30%

San Diego, CA 92122

$599,000
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.

25 licensed short-term rentals within ½ mile (13 whole home), from the cities' license and permit lists of Nov 2, 2026.

2 short-term rental licenses on file in this 88-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: -$2,746/mo full cashflow at 20% down, 7.49% rate.

Works at $243,037 (59% under asking), or at 86% down.

Rent $3,136/mo from 10 leases of 2-bed condos & townhomes within 1 mi ($3,177–$3,412).

Beds

2

Baths

1.5

Sqft

956

Year Built

1978

Days on Market

45

Property Type

Condo

HOA/mo

$540

MLS ID

260022778SD

This property is in San Diego (92122). View neighborhood stats →

Virtual Tour

About This Property

SELLER OFFERING BUYER FINANCE CREDIT - Beautifully upgraded Two-Bedroom, 1.5 Bath condo with open floor plan, conveniently located in UTC! Updated Kitchen with Stainless Steel Appliances, Newer Counter Tops and Cabinets; Vinyl Plank Flooring throughout, Remodeled Bathrooms, Vaulted Ceiling with Fans at Living Room and Both Bedrooms, and Washer/Dryer hookup in unit. A Large Balcony Overlooks Quiet Open Space; One-Car Garage with Storage and an Assigned Parking Space. The Park Complex features Three Pools, Guest Parking and Laundry Facilities. Close to Shopping, Restaurants, Schools and Freeway Access.

Mortgage Calculator

Est. Monthly Payment

$4,661

Principal & Interest$3,347
Property Tax$599
Insurance$175
HOA$540
%($119,800)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Curie Elementary · grades K-5 · San Diego Unified

  • Middle

    Standley Middle · grades 6-8 · San Diego Unified

  • High

    University City 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

38B
Est. Monthly Rent
$3,136

10 leases of 2-bed condos & townhomes within 1 mi · $3,177–$3,412

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$1,525
Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,746

What would make this work?

$2,746/mo short at 20% down; 86% down or +$3,566/mo rent closes it.

Break-even price

59% under asking

$243,037
Break-even rent

$3,566/mo above the estimate

$6,702/mo
Cashflow at 35% down
−$2,118/mo
Down payment to break even

$515,140 cash

86%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$3,347
Cap Rate
1.52%
Cash-on-Cash
-27.50%
DSCR

Need ≥ 1.25 for DSCR loan

0.67

NOI (Annual)
$9,100
Price-to-Rent

Lower = better for investors

15.9

* 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−$2,746/mo