
6811 Alvarado Rd #24
Atop 10%San Diego, CA 92120
15 licensed short-term rentals within ½ mile (11 whole home), from the cities' license and permit lists of Nov 11, 2026.
No unit in this 46-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: -$1,681/mo full cashflow at 20% down, 7.43% rate.
Works at $206,159 (51% under asking), or at 77% down.
Rent $2,738/mo from 24 leases of 2-bed condos & townhomes within 2 mi ($2,780–$3,154).
Beds
2
Baths
2
Sqft
1,139
Year Built
1970
Days on Market
98
Property Type
Condo
HOA/mo
$525
MLS ID
260019004SD
This property is in San Diego (92120). View neighborhood stats →
About This Property
Tucked away at the rear of the complex, this top-floor, single-level end unit offers a level of privacy and style that is hard to find. Having undergone a complete remodel in recent years, this home shines with a fresh interior palette, luxury vinyl plank flooring, and new baseboards and doors throughout. The heart of the home is the stunningly reimagined kitchen, featuring sleek quartz countertops and custom cabinetry, a theme that carries into each of the beautifully updated bathrooms. The primary en-suite is a true standout, featuring a spacious walk-in closet and the rare convenience of a private secondary entrance. This unique layout offers incredible versatility for various living arrangements. Throughout the home, large windows and updated light fixtures invite an abundance of natural light, while the private balcony serves as a peaceful retreat with views of the surrounding hillside. Modern essentials like central A/C and heating ensure year-round comfort. Located in the pet-friendly Casa de Alvarado community, you’ll have access to fantastic amenities including a pool, spa, sports court, and clubhouse. The location is a commuter’s dream, situated just moments from the Alvarado Trolley Station and SDSU, with local dining and easy freeway access.
Mortgage Calculator
Est. Monthly Payment
$3,435
Location
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Zoned Schools
Elementary
Pendleton Elementary · grades K-5 · San Diego Unified
Middle
Mann Middle · grades 6-8 · San Diego Unified
High
Crawford 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.
Comparable Properties
5 comps foundThis Property
$2,738
Comp Average
$2,796
6765 Alvarado Road
2bd / 2ba · 1,139 sqft · Condo
$425K
Est. $2,859/mo
5412 Adobe Falls Rd
2bd / 2ba · 1,144 sqft · Condo
$439K
Est. $2,861/mo
5462 Adobe Falls Rd
2bd / 2ba · 1,144 sqft · Condo
$469K
Est. $2,910/mo
6787 Alvarado Rd
2bd / 1.5ba · 1,120 sqft · Condo
$478K
Est. $2,847/mo
5553 Adobe Falls
2bd / 2ba · 1,144 sqft · Condo
$485K
Est. $2,503/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
24 leases of 2-bed condos & townhomes within 2 mi · $2,780–$3,154
Blended 50/50 with a property-level estimate
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$1,681/mo short at 20% down; 77% down or +$2,183/mo rent closes it.
- Break-even price
- $206,159
- Break-even rent
- $4,921/mo
- Cashflow at 35% down
- −$1,238/mo
- Down payment to break even
- 77%
- Rate to break even
- Not reachable
51% under asking
$2,183/mo above the estimate
$327,250 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.43% 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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