6855 Friars Road #25
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6855 Friars Road #25

Atop 10%

San Diego, CA 92108

$360,000
NEW — 0d
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.

13 licensed short-term rentals within ½ mile (5 whole home), from the cities' license and permit lists of Nov 6, 2026.

2 short-term rental licenses on file in this 30-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: -$1,316/mo full cashflow at 20% down, 7.43% rate.

Works at $188,661 (48% under asking), or at 73% down.

Rent $2,361/mo from 9 leases of studio–2 bed condos & townhomes within 0.5 mi ($2,507–$2,685).

Beds

1

Baths

1

Sqft

838

Year Built

1965

Days on Market

0

Property Type

Condo

HOA/mo

$369

MLS ID

PTP2608219

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

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About This Property

Enjoy the best of Mission Valley living in this charming 1-bedroom, 1-bathroom condo offering approximately 838 square feet of comfortable living space. Ideally situated in a central San Diego location, this home offers convenient access to Fashion Valley Mall, shopping, dining, entertainment, major freeways, and public transportation. An added bonus, the property includes two private storage units, providing valuable extra space and convenience. Whether you're a first-time buyer, looking to downsize, or searching for an investment opportunity, this home offers an excellent opportunity to enjoy all that Mission Valley has to offer. With easy access to Downtown San Diego, Mission Bay, and surrounding neighborhoods, you'll love the convenience and connectivity of this central location.

Mortgage Calculator

Est. Monthly Payment

$2,834

Principal & Interest$2,000
Property Tax$360
Insurance$105
HOA$369
%($72,000)
%
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

65A
Est. Monthly Rent
$2,361

9 leases of studio–2 bed condos & townhomes within 0.5 mi · $2,507–$2,685

Blended 50/50 with the zip's market median ($2,159)

Monthly Cashflow

Rent − PITIA

-$473
Full Cashflow

Incl. vacancy, PM, maint, capex

-$1,316

What would make this work?

$1,316/mo short at 20% down; 73% down or +$1,709/mo rent closes it.

Break-even price

48% under asking

$188,661
Break-even rent

$1,709/mo above the estimate

$4,070/mo
Cashflow at 35% down
−$941/mo
Down payment to break even

$262,800 cash

73%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$2,000
Cap Rate
2.67%
Cash-on-Cash
-21.93%
DSCR

Need ≥ 1.25 for DSCR loan

0.83

NOI (Annual)
$9,624
Price-to-Rent

Lower = better for investors

12.7

* 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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ACashflow−$1,316/mo