6333 College Grove Way
1 / 20

6333 College Grove Way #8111

B

San Diego, CA 92115

$450,000
NEW — 1d

Soft Appraisal Value: $451,200 · 0.3% below estimate

Beds

2

Baths

1.5

Sqft

865

Year Built

1973

Days on Market

1

Property Type

Condo

HOA/mo

$477

MLS ID

NDP2605519

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

Virtual Tour

About This Property

FHA and VA Approved Complex | Assumable 4.99% VA Loan for Military Opportunity knocks in this well-maintained 2 bedroom, 1.5 bathroom condo located in a highly desirable FHA/VA-approved community. Owned by a veteran and priced for a quick sale, this home offers exceptional value for both owner-occupant military buyers seeking an assumable VA loan at an attractive 4.99% interest rate (subject to lender and VA approval). The home features a remodeled kitchen with updated cabinetry, countertops, and finishes, creating a modern and functional space for everyday living and entertaining. New carpet and fresh interior paint, giving the home a clean, move-in-ready feel for its next owner. The spacious floor plan offers comfortable living areas, ample natural light, and well-sized bedrooms, including a primary suite with its own private bathroom. Whether you're a first-time buyer, downsizing, or looking for a low-maintenance property in a convenient location, this home checks all the boxes. The VA-approved complex provides an excellent opportunity for eligible military buyers to take advantage of favorable financing options while enjoying a community designed for easy living. Conveniently located near shopping, Chollas Park, dining, schools, parks, major freeways, and public transportation. Seller is highly motivated and has priced the property accordingly, creating an outstanding opportunity for buyers looking to build equity and secure favorable financing. Don't miss your chance to own this move-in-ready home with a potentially assumable low-interest VA loan. Buyer and buyer's agent to verify all information, including loan assumption eligibility and requirements, prior to close of escrow.

Mortgage Calculator

Est. Monthly Payment

$3,334

Principal & Interest$2,275
Property Tax$450
Insurance$131
HOA$477
%($90,000)
%

Location

Loading map...

Investment Score

43C
Est. Monthly Rent
$2,419
Monthly Cashflow

Rent − PITIA

$-914
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,846

Mortgage (P+I)
$2,275
Cap Rate
1.15%
Cash-on-Cash
-24.61%
DSCR

Need ≥ 1.25 for DSCR loan

0.73
Break-even Rent
$4,816

NOI (Annual)
$5,156
Price-to-Rent

Lower = better for investors

15.5

* Defaults: 20% down, 6.5% rate, 30yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

Get Expert AnalysisOpen Full Calculator