7056 Park Mesa Way #42
Btop 30%San Diego, CA 92111
6 licensed short-term rentals within ½ mile (3 whole home), from the cities' license and permit lists of Nov 13, 2026.
No unit in this 47-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: -$2,678/mo full cashflow at 20% down, 7.36% rate.
Works at $248,571 (59% under asking), or at 85% down.
Rent $3,122/mo from 14 leases of 2-bed condos & townhomes within 2 mi ($2,842–$3,693).
Beds
2
Baths
2.5
Sqft
1,041
Year Built
1980
Days on Market
52
Property Type
Condo
HOA/mo
$504
MLS ID
PTP2607140
This property is in San Diego (92111). Browse neighborhood analytics →
About This Property
Welcome to 7056 Park Mesa Way #42, a light and inviting two-story townhome tucked into a peaceful community surrounded by mature eucalyptus trees. This 2-bedroom, 2.5-bath home offers approximately 1,100 sq. ft. with an open living and dining area, updated kitchen and bathrooms, and laminate flooring throughout the main living space. Enjoy the privacy of having no neighbors above or below, plus the convenience of in-unit laundry and a two-car garage. The community offers a solar-heated pool, tennis courts, volleyball area, and plenty of guest parking. Centrally located with convenient freeway access and just a short drive to Downtown San Diego, beaches, shopping, dining, and more.
Mortgage Calculator
Est. Monthly Payment
$4,583
Location
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Zoned Schools
Elementary
Chesterton Elementary · grades K-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.
Comparable Properties
5 comps foundThis Property
$3,122
Comp Average
$3,004
7797 Stalmer Street
2bd / 2ba · 952 sqft · Condo
$575K
Est. $3,082/mo
4143 Mount Alifan Pl
2bd / 2ba · 1,108 sqft · Condo
$525K
Est. $2,929/mo
7263 Camino Degrazia
2bd / 2ba · 1,046 sqft · Condo
$561K
Est. $3,112/mo
7283 Camino Degrazia
2bd / 2ba · 1,046 sqft · Condo
$620K
Est. $2,975/mo
1270 River Vista Row
2bd / 1.5ba · 1,098 sqft · Condo
$759K
Est. $2,924/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
14 leases of 2-bed condos & townhomes within 2 mi · $2,842–$3,693
Blended 50/50 with a property-level estimate
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$2,678/mo short at 20% down; 85% down or +$3,478/mo rent closes it.
- Break-even price
- $248,571
- Break-even rent
- $6,600/mo
- Cashflow at 35% down
- −$2,058/mo
- Down payment to break even
- 85%
- Rate to break even
- Not reachable
59% under asking
$3,478/mo above the estimate
$509,150 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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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