6780 Friars Road #354
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6780 Friars Road #354

Btop 30%

San Diego, CA 92108

$550,000
STR: check · no permits in this complex · TOT 12.75%

20 licensed short-term rentals within ½ mile (10 whole home), from the cities' license and permit lists of Nov 13, 2026.

No unit in this 73-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: -$2,471/mo full cashflow at 20% down, 7.36% rate.

Works at $226,667 (59% under asking), or at 86% down.

Rent $2,769/mo from 2 leases in this building ($2,754–$2,783).

Beds

2

Baths

2

Sqft

957

Year Built

1972

Days on Market

45

Property Type

Condo

HOA/mo

$400

MLS ID

PTP2607316

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

Virtual Tour

About This Property

Welcome to this beautifully remodeled 2-bedroom, 2-bathroom condo in the heart of Mission Valley! Located on the third level of a gated community with elevator access, this light and bright home offers an inviting open floor plan, abundant natural light, and beautiful city and mountain views. The spacious living area features dual-pane windows and a sliding glass door that opens to a private balcony—perfect for enjoying the views and relaxing outdoors. The remodeled kitchen and bathrooms feature elegant granite countertops and thoughtful updates throughout. Designed for privacy, the two bedrooms are located on opposite sides of the home, with each bedroom offering its own full bathroom. Additional features include one covered assigned parking space and access to resort-style community amenities, including a sparkling pool, spa, fitness center, and clubhouse. Close to shopping, dining, entertainment, parks, major freeways, and everything San Diego has to offer. A wonderful opportunity to enjoy comfort, privacy, and convenience in one of San Diego’s most desirable locations!

Mortgage Calculator

Est. Monthly Payment

$4,145

Principal & Interest$3,034
Property Tax$550
Insurance$160
HOA$400
%($110,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Carson Elementary · grades PK-5 · San Diego Unified

  • Middle

    Montgomery Middle · grades 6-8 · San Diego Unified

  • 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

    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

41B
Est. Monthly Rent
$2,769

2 leases in this building · $2,754–$2,783

Thin data: only 2 leases behind this number.

Monthly Cashflow

Rent − PITIA

-$1,375
Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,471

What would make this work?

$2,471/mo short at 20% down; 86% down or +$3,209/mo rent closes it.

Break-even price

59% under asking

$226,667
Break-even rent

$3,209/mo above the estimate

$5,978/mo
Cashflow at 35% down
−$1,902/mo
Down payment to break even

$473,000 cash

86%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$3,034
Cap Rate
1.53%
Cash-on-Cash
-26.95%
DSCR

Need ≥ 1.25 for DSCR loan

0.67

NOI (Annual)
$8,427
Price-to-Rent

Lower = better for investors

16.6

* 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.

Open Full Calculator
BCashflow−$2,471/mo