6333 College Grove Way #5110
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6333 College Grove Way #5110

Atop 10%

San Diego, CA 92115

$465,000
STR: check · no permits in this complex · TOT 12.75%

6 licensed short-term rentals within ½ mile (4 whole home), from the cities' license and permit lists of Nov 13, 2026.

No unit in this 84-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: -$1,737/mo full cashflow at 20% down, 7.36% rate.

Works at $237,834 (49% under asking), or at 75% down.

Rent $2,923/mo from 1 lease in this building (±1 bed).

Beds

2

Baths

1.5

Sqft

865

Year Built

1973

Days on Market

356

Property Type

Condo

HOA/mo

$433.5

MLS ID

250044528SD

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

Virtual Tour

About This Property

Move in Ready 2-story townhome gated at the Lake Park Villas Community. Front entry gated courtyard patio for outdoor living. First floor has large spacious living room with half bath and good size eat in kitchen with lots of cabinets and granite countertops. Both bedrooms located upstairs with mirrored closets, updated bathroom with new toilet/bathtub. Dual pane windows throughout. Many upgrades include new recessed lighting, new refrigerator, new faucet in kitchen and bathrooms, new dishwasher, and new heater. Near FWY 94, 805, 15. Across the street from College Grove Shopping with Target and Sam's Club. Qualify for First Time Home Buyer Down Payment Assistance and closing costs grant with SDHC. Move in Ready 2-story townhome gated at the Lake Park Villas Community. Front entry gated courtyard patio for outdoor living. First floor has large spacious living room with half bath and good size eat in kitchen with lots of cabinets and granite countertops. Both bedrooms located upstairs with mirrored closets, updated bathroom with new toilet/bathtub. Dual pane windows throughout. Many upgrades include new recessed lighting, new refrigerator, new faucet in kitchen and bathrooms, new dishwasher, and new heater. Near FWY 94, 805, 15. Across the street from College Grove Shopping with Target and Sam's Club. Qualify for First Time Home Buyer Down Payment Assistance and closing costs grant with SDHC.

Mortgage Calculator

Est. Monthly Payment

$3,600

Principal & Interest$2,566
Property Tax$465
Insurance$136
HOA$434
%($93,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    San Miguel Elementary · grades K-6 · Lemon Grove

  • Middle

    Lemon Grove Academy for the Sciences and Humanities · grades 6-8 · Lemon Grove

  • High

    Mount Miguel High · grades 9-12 · Grossmont Union High

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

59A
Est. Monthly Rent
$2,923

1 lease in this building (±1 bed)

Blended 50/50 with a property-level estimate

Thin data: only 1 lease behind this number.

Monthly Cashflow

Rent − PITIA

-$677
Full Cashflow

Incl. vacancy, PM, maint, capex

-$1,737

What would make this work?

$1,737/mo short at 20% down; 75% down or +$2,256/mo rent closes it.

Break-even price

49% under asking

$237,834
Break-even rent

$2,256/mo above the estimate

$5,179/mo
Cashflow at 35% down
−$1,256/mo
Down payment to break even

$348,750 cash

75%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$2,566
Cap Rate
2.52%
Cash-on-Cash
-22.41%
DSCR

Need ≥ 1.25 for DSCR loan

0.81

NOI (Annual)
$11,698
Price-to-Rent

Lower = better for investors

13.3

* 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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ACashflow−$1,737/mo